SBS Transit (SGX:S61) Interest Expense : S$-2 Mil (TTM As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is SBS Transit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SBS Transit's interest expense for the six months ended in Dec. 2023 was S$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-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. SBS Transit's Operating Income for the six months ended in Dec. 2023 was S$ 41 Mil. SBS Transit's Interest Expense for the six months ended in Dec. 2023 was S$ -1 Mil. SBS Transit's Interest Coverage for the quarter that ended in Dec. 2023 was 46.89. 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.

SBS Transit Interest Expense Historical Data

The historical data trend for SBS Transit'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.

SBS Transit Interest Expense Chart

SBS Transit Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-4.25

-3.25

-1.34

-1.47

-1.52

SBS Transit 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															-0.58	-0.78	-0.70	-0.65	-0.87

SBS Transit 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$-2 Mil.

SBS Transit (SGX:S61) 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.

SBS Transit's Interest Expense for the six months ended in Dec. 2023 was S$-1 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$41 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$9 Mil.

SBS Transit'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	*	40.558	/	-0.865
	=	46.89

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. SBS Transit Ltd has enough cash to cover all of its debt. Its financial situation is stable.

SBS Transit (SGX:S61) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SBS Transit Ltd (SGX:S61) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

205 Braddell Road, Singapore, SGP, 579701

Website

https://www.sbstransit.com.sg

SBS Transit Ltd is a scheduled bus service operator in Singapore. The company operates through two segments comprising Public Transport Services and Other Commercial Services. The Public Transport Services include income generated from the provision of bus and rail services to commuters traveling on public transport systems. The Other Commercial Services include income generated from advertisements on buses and trains and rental collection from commercial and shop space at bus interchanges and rail stations. The firm generates its revenue from the Public Transport Service segment.

SBS Transit (SGX:S61) Headlines

No Headlines