Second Chance Properties (SGX:528) Interest Expense : S$-3.22 Mil (TTM As of Feb. 2024)

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What is Second Chance Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Second Chance Properties's interest expense for the six months ended in Feb. 2024 was S$ -1.51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was S$-3.22 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. Second Chance Properties's Operating Income for the six months ended in Feb. 2024 was S$ 4.74 Mil. Second Chance Properties's Interest Expense for the six months ended in Feb. 2024 was S$ -1.51 Mil. Second Chance Properties's Interest Coverage for the quarter that ended in Feb. 2024 was 3.14. 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.

Second Chance Properties Interest Expense Historical Data

The historical data trend for Second Chance Properties'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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Second Chance Properties Interest Expense Chart

Second Chance Properties Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

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-0.76

-0.28

-0.44

-0.88

-3.08

Second Chance Properties Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Expense	Get a 7-Day Free Trial															-0.29	-0.60	-1.37	-1.71	-1.51

Second Chance Properties 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-3.22 Mil.

Second Chance Properties (SGX:528) 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.

Second Chance Properties's Interest Expense for the six months ended in Feb. 2024 was S$-1.51 Mil. Its Operating Income for the six months ended in Feb. 2024 was S$4.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was S$0.84 Mil.

Second Chance Properties's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	4.741	/	-1.51
	=	3.14

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

Second Chance Properties (SGX:528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Second Chance Properties Ltd (SGX:528) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, No. 07-20 Paya Lebar Square, Singapore, SGP, 409051

Website

http://www.secondchance.com.sg

Second Chance Properties Ltd is a Singapore-based investment holding company, retailing of readymade garments, holding of property as investment for rental income and investing in securities. The company operates in four segments: Wearing apparel; Gold & jewelry, which is the key revenue generator; Investment dealing; and Property rental. Its geographical segments include Singapore and Malaysia, of which the vast majority of the revenue comes from Singapore.

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