Trans-China Automotive Holdings (SGX:VI2) Interest Expense : S$-8.3 Mil (TTM As of Jun. 2023)

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What is Trans-China Automotive Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trans-China Automotive Holdings's interest expense for the six months ended in Jun. 2023 was S$ -4.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was S$-8.3 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. Trans-China Automotive Holdings's Operating Income for the six months ended in Jun. 2023 was S$ 1.5 Mil. Trans-China Automotive Holdings's Interest Expense for the six months ended in Jun. 2023 was S$ -4.5 Mil. Trans-China Automotive Holdings's Interest Coverage for the quarter that ended in Jun. 2023 was 0.33. 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.

Trans-China Automotive Holdings Interest Expense Historical Data

The historical data trend for Trans-China Automotive 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.

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Trans-China Automotive Holdings Interest Expense Chart

Trans-China Automotive Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-12.12

-12.84

-12.11

-10.31

-7.26

Trans-China Automotive Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial			-6.15	-3.97	-3.68	-3.81	-4.46

Trans-China Automotive 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-8.3 Mil.

Trans-China Automotive Holdings (SGX:VI2) 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.

Trans-China Automotive Holdings's Interest Expense for the six months ended in Jun. 2023 was S$-4.5 Mil. Its Operating Income for the six months ended in Jun. 2023 was S$1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was S$45.6 Mil.

Trans-China Automotive Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	1.465	/	-4.455
	=	0.33

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

Trans-China Automotive Holdings (SGX:VI2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Trans-China Automotive Holdings Ltd (SGX:VI2) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3002, 30/F, 88 Hing Fat Street, Causeway Bay, Hong Kong, HKG

Website

https://www.tca-auto.com

Trans-China Automotive Holdings Ltd is an automotive dealership group focused on premium and super premium car brands. The group owns and operates nine dealerships representing the BMW, McLaren, and Lotus brands.

Trans-China Automotive Holdings (SGX:VI2) Headlines

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