Mencast Holdings (SGX:5NF) Interest Expense : S$-7.43 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Mencast Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mencast Holdings's interest expense for the six months ended in Dec. 2023 was S$ -3.55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-7.43 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. Mencast Holdings's Operating Income for the six months ended in Dec. 2023 was S$ 2.07 Mil. Mencast Holdings's Interest Expense for the six months ended in Dec. 2023 was S$ -3.55 Mil. Mencast Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 0.58. 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.

Mencast Holdings Interest Expense Historical Data

The historical data trend for Mencast Holdings'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.

Mencast Holdings Interest Expense Chart

Mencast Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-8.22

-5.70

-3.88

-5.35

-7.43

Mencast Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.85	-2.01	-3.34	-3.88	-3.55

Mencast Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was S$-7.43 Mil.

Mencast Holdings (SGX:5NF) 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.

Mencast Holdings's Interest Expense for the six months ended in Dec. 2023 was S$-3.55 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$2.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$60.06 Mil.

Mencast Holdings'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	*	2.074	/	-3.546
	=	0.58

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. Mencast Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Mencast Holdings (SGX:5NF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mencast Holdings Ltd (SGX:5NF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

42E Penjuru Road, Mencast Central, Singapore, SGP, 609161

Website

https://www.mencast.com.sg

Mencast Holdings Ltd along with its subsidiaries is a regional Engineering and Maintenance, Repair and Overhaul solutions provider. It consists of three segments namely the Offshore and Engineering Segment which includes engineering, manufacturing, inspection and maintenance, Marine Segment which is engaged in sterngear manufacturing and refurbishment works, repair and maintenance services, ship inspection engineering and fabrication works and Energy Services Segment which includes oil sludge and slop reclamation, hydro cleaning oil and gas tanks, launch carbon footprint management initiatives and green initiatives. The company's maximum revenue is from the Marine Segment Followed by Offshore Engineering. Geographically, it gets a major share of the revenue from Singapore.

Mencast Holdings (SGX:5NF) Headlines

No Headlines