Ranhill Utilities Bhd (XKLS:5272) Interest Expense : RM-20 Mil (TTM As of Mar. 2024)

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What is Ranhill Utilities Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ranhill Utilities Bhd's interest expense for the three months ended in Mar. 2024 was RM -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-20 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Ranhill Utilities Bhd's Operating Income for the three months ended in Mar. 2024 was RM 28 Mil. Ranhill Utilities Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -26 Mil. Ranhill Utilities Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 1.07. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ranhill Utilities Bhd Interest Expense Historical Data

The historical data trend for Ranhill Utilities Bhd's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ranhill Utilities Bhd Interest Expense Chart

Ranhill Utilities Bhd Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-24.68

-7.27

-23.69

-17.49

-12.25

Ranhill Utilities Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-18.61	-17.51	-17.11	40.99	-25.95

Ranhill Utilities Bhd Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-20 Mil.

Ranhill Utilities Bhd (XKLS:5272) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ranhill Utilities Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-26 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM783 Mil.

Ranhill Utilities Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	27.749	/	-25.945
	=	1.07

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ranhill Utilities Bhd interest coverage is 4.72, which is low.

Ranhill Utilities Bhd (XKLS:5272) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ranhill Utilities Bhd (XKLS:5272) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Jalan Garuda, Larkin, Bangunan Ranhill SAJ, Johor Darul Takzim, Johor Bahru, MYS, 80350

Website

https://www.ranhill.com.my

Ranhill Utilities Bhd is engaged in investment holding business. Its services include the provision of water supply services by source-to-tap water in Johor, Water and wastewater treatment offering water and industrial wastewater treatment technologies, and Non-Revenue Water management and reduction programmes. The company's segments are Environment sector which offers water supply services, specialized services in the management and optimisation of water utility assets, and operation of water and wastewater treatment plants; Power sector in which the group owns and operates two combined cycle gas turbine power plants in Sabah, Malaysia; and Other segment covering management services to subsidiaries. It operates in Malaysia and Thailand, and earns key revenue from the Environment segment.

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