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LPI Capital Bhd (XKLS:8621) Interest Expense : RM-1 Mil (TTM As of Mar. 2024)


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What is LPI Capital Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LPI Capital Bhd's interest expense for the three months ended in Mar. 2024 was RM -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-1 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. LPI Capital Bhd's Operating Income for the three months ended in Mar. 2024 was RM 128 Mil. LPI Capital Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0 Mil. LPI Capital Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 481.55. 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.

LPI Capital Bhd Interest Expense Historical Data

The historical data trend for LPI Capital 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.

LPI Capital Bhd Interest Expense Chart

LPI Capital 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 -1.45 -1.83 -1.57 -1.25 -1.15

LPI Capital 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 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 -0.30 -0.29 -0.28 -0.28 -0.27

LPI Capital 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-1 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.

LPI Capital Bhd  (XKLS:8621) 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.

LPI Capital Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0 Mil. Its EBIT for the three months ended in Mar. 2024 was RM128 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM38 Mil.

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

Interest Coverage=-1* EBIT (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*127.612/-0.265
=481.55

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. LPI Capital Bhd has enough cash to cover all of its debt. Its financial situation is stable.

LPI Capital Bhd (XKLS:8621) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » LPI Capital Bhd (XKLS:8621) » Definitions » Interest Expense
Comparable Companies
XKLS:6009 PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC TSX:FFH MKL TSE:8725 WRB CINF ASX:QBE L TSE:8630 ASX:SUN CNA WAR:PZU
Traded in Other Exchanges
N/A
Address
6, Jalan Sultan Sulaiman, 6th Floor, Bangunan Public Bank, Kuala Lumpur, SGR, MYS, 50000
Website
https://www.lpicapital.com
LPI Capital Bhd is a diversified insurance company that provides comprehensive insurance solutions to customers ranging from individual policies to the underwriting of large-scale industrial projects. The company's insurance solutions offering includes; Employee Benefits, Health, Liability, Motor, Marine, Pecuniary, Personal Accident, Project, Property, and Trade Credit. It has two operating business segments: The general insurance segment includes Underwriting of all classes of general insurance business, and The investment holding segment includes Investment holding operations. The company derives a majority of its revenue from the General insurance segment.

LPI Capital Bhd (XKLS:8621) Headlines

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