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Unimech Group Bhd (XKLS:7091) Interest Expense : RM-7.2 Mil (TTM As of Dec. 2023)


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What is Unimech Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Unimech Group Bhd's interest expense for the three months ended in Dec. 2023 was RM -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-7.2 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. Unimech Group Bhd's Operating Income for the three months ended in Dec. 2023 was RM 13.4 Mil. Unimech Group Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -1.9 Mil. Unimech Group Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 7.03. 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.


Unimech Group Bhd Interest Expense Historical Data

The historical data trend for Unimech Group 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.

* Premium members only.

Unimech Group Bhd Interest Expense Chart

Unimech Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.27 -8.48 -6.77 -6.99 -7.17

Unimech Group Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.92 -1.62 -1.88 -1.77 -1.90

Unimech Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-7.2 Mil.

* 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.


Unimech Group Bhd  (XKLS:7091) Interest Expense Explanation

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. The higher, the better.

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

Unimech Group Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-1.9 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM13.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM27.7 Mil.

Unimech Group Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*13.376/-1.903
=7.03

* 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.

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


Unimech Group Bhd (XKLS:7091) Business Description

Traded in Other Exchanges
N/A
Address
4934, Jalan Chain Ferry, Wisma Unimech, Butterworth, PNG, MYS, 12100
Unimech Group Bhd is a Malaysia-based company involved in the metal fabrication business. Its business segment includes Valves, Instrumentation, and Fittings; Electronic; and Pumps. It derives a majority of the revenue from the Valves, instrumentation, and fittings segment which involves system design, fabrication, manufacturing, and distribution of all kinds of valves, instrumentation and fittings, maintenance of boilers, and combustion. Geographically, the group has operational footprints in Australia, Malaysia, Indonesia, Thailand, the People's Republic of China, Singapore, and other countries; of which key revenue is generated from Malaysia.

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