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Riverstone Holdings (SGX:AP4) Interest Expense : S$-0.0 Mil (TTM As of Dec. 2023)


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What is Riverstone Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Riverstone Holdings's interest expense for the three months ended in Dec. 2023 was S$ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-0.0 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. Riverstone Holdings's Operating Income for the three months ended in Dec. 2023 was S$ 15.3 Mil. Riverstone Holdings's Interest Expense for the three months ended in Dec. 2023 was S$ -0.0 Mil. Riverstone Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 3,056.40. 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.


Riverstone Holdings Interest Expense Historical Data

The historical data trend for Riverstone 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.

Riverstone Holdings Interest Expense Chart

Riverstone Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.12 -0.05 -0.01 -0.01

Riverstone Holdings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - -0.01 -0.01

Riverstone 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 quarterly data reported by the company within the most recent 12 months, which was S$-0.0 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.


Riverstone Holdings  (SGX:AP4) 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.

Riverstone Holdings's Interest Expense for the three months ended in Dec. 2023 was S$-0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was S$15.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was S$0.2 Mil.

Riverstone 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*15.282/-0.005
=3,056.40

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Riverstone Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Riverstone Holdings (SGX:AP4) Business Description

Traded in Other Exchanges
N/A
Address
80 Robinson Road, No. 02-00, Singapore, SGP, 068898
Riverstone Holdings Ltd is an investment holding company. The company is engaged in the manufacture and sale of gloves and non-glove consumables such as finger cots, static shielding bags, face masks, wipers, and packaging materials. The group's products are widely qualified and used in the Hard Disk Drive, semiconductor, and healthcare industries. It operates in three segments based on its geography: Malaysia, Thailand, China, and Others, of which the majority of its revenue comes from Malaysia.

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