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CH Offshore (SGX:C13) Interest Expense : S$-0.47 Mil (TTM As of Dec. 2023)


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What is CH Offshore Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CH Offshore's interest expense for the six months ended in Dec. 2023 was S$ -0.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-0.47 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. CH Offshore's Operating Income for the six months ended in Dec. 2023 was S$ -0.91 Mil. CH Offshore's Interest Expense for the six months ended in Dec. 2023 was S$ -0.23 Mil. CH Offshore did not have earnings to cover the interest expense. 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.


CH Offshore Interest Expense Historical Data

The historical data trend for CH Offshore'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.

CH Offshore Interest Expense Chart

CH Offshore Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.64 -0.53 -0.48 -0.39 -0.47

CH Offshore 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 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 -0.23 -0.20 -0.20 -0.24 -0.23

CH Offshore 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$-0.47 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.


CH Offshore  (SGX:C13) 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.

CH Offshore's Interest Expense for the six months ended in Dec. 2023 was S$-0.23 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$-0.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$0.88 Mil.

CH Offshore's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

CH Offshore did not have earnings to cover the interest expense.

* 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.


CH Offshore (SGX:C13) Business Description

Traded in Other Exchanges
N/A
Address
12A Jalan Samulun, Singapore, SGP, 629131
CH Offshore Ltd is a Singapore-based company. The principal activities of the company are that of investment holding and the owning and chartering of vessels. The company is engaged in offshore oil and gas exploration, development and production. It offers a wide range of services including towing, anchor-handling, the supply of deck, liquid and dry bulk cargoes, and supply of dangerous goods. The Group operates and charters vessels across the globe from Mexico, Africa, India to South-East Asia. The operations of the Group are associated with the support of offshore oil and gas industry which is the single operating segment of the group.

CH Offshore (SGX:C13) Headlines

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