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Taka Jewellery Holdings (SGX:42L) Interest Expense : S$-2.8 Mil (TTM As of Dec. 2024)


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What is Taka Jewellery Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taka Jewellery Holdings's interest expense for the six months ended in Dec. 2024 was S$ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was S$-2.8 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. Taka Jewellery Holdings's Operating Income for the six months ended in Dec. 2024 was S$ 9.6 Mil. Taka Jewellery Holdings's Interest Expense for the six months ended in Dec. 2024 was S$ -1.5 Mil. Taka Jewellery Holdings's Interest Coverage for the quarter that ended in Dec. 2024 was 6.53. 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.


Taka Jewellery Holdings Interest Expense Historical Data

The historical data trend for Taka Jewellery 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.

Taka Jewellery Holdings Interest Expense Chart

Taka Jewellery Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.90 -0.72 -2.03 -2.73

Taka Jewellery Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.87 -1.17 -1.38 -1.35 -1.47

Taka Jewellery 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-2.8 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.


Taka Jewellery Holdings  (SGX:42L) 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.

Taka Jewellery Holdings's Interest Expense for the six months ended in Dec. 2024 was S$-1.5 Mil. Its Operating Income for the six months ended in Dec. 2024 was S$9.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was S$16.0 Mil.

Taka Jewellery Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*9.592/-1.468
=6.53

* 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.


Taka Jewellery Holdings Business Description

Traded in Other Exchanges
N/A
Address
3 Kaki Bukit Place, Eunos Techpark, Singapore, SGP, 416181
Taka Jewellery Holdings Ltd is involved in the design, manufacturing and sale of jewellery in Singapore under the Taka Jewellery brand as well as on a wholesale basis to the markets through active participation in international jewellery exhibitions. The company's segment includes Wholesale and Exhibitions; Retail; and Financial Services. It generates maximum revenue from the Financial services segment. The Financial services segment relates to the existing pawn-broking business and the secured lending business.

Taka Jewellery Holdings Headlines

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