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SingAsia Holdings (HKSE:08293) Interest Coverage : N/A (As of Jan. 2025)


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What is SingAsia Holdings Interest Coverage?

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 by its Interest Expense. SingAsia Holdings's Operating Income for the three months ended in Jan. 2025 was HK$0.00 Mil. SingAsia Holdings's Interest Expense for the three months ended in Jan. 2025 was HK$0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for SingAsia Holdings's Interest Coverage or its related term are showing as below:


HKSE:08293's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 12.93
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


SingAsia Holdings Interest Coverage Historical Data

The historical data trend for SingAsia Holdings's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

SingAsia Holdings Interest Coverage Chart

SingAsia Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.83 -

SingAsia Holdings Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Jul24 Jan25
Interest Coverage 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 15.73 0.64 - N/A N/A

Competitive Comparison of SingAsia Holdings's Interest Coverage

For the Staffing & Employment Services subindustry, SingAsia Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SingAsia Holdings's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SingAsia Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SingAsia Holdings's Interest Coverage falls into.


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SingAsia Holdings Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

SingAsia Holdings's Interest Coverage for the fiscal year that ended in Jul. 2024 is calculated as

Here, for the fiscal year that ended in Jul. 2024, SingAsia Holdings's Interest Expense was HK$-1.16 Mil. Its Operating Income was HK$-7.96 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2.51 Mil.

SingAsia Holdings did not have earnings to cover the interest expense.

SingAsia Holdings's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Here, for the three months ended in Jan. 2025, SingAsia Holdings's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1.61 Mil.

GuruFocus does not calculate SingAsia Holdings's interest coverage with the available data.

* 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.


SingAsia Holdings  (HKSE:08293) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


SingAsia Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of SingAsia Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


SingAsia Holdings Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 12–29 Paya Lebar Square, Singapore, SGP, 409051
SingAsia Holdings Ltd is a workforce solutions provider for companies and organizations looking to streamline their operations in hotels, resorts, retail, food and beverage and other educational institutions, event organizers, and various industries sectors. The group's segments include Manpower outsourcing and Manpower recruitment. The majority of its revenue is derived from the Manpower outsourcing segment. Geographically, it derives majority of its revenue from Singapore.
Executives
China New Consumption Group Limited 2101 Beneficial owner
Irregular Consulting Limited 2101 Beneficial owner
Wee Yu-chih 2201 Interest of corporation controlled by you
Tse Sing Yu 2201 Interest of corporation controlled by you
Huang Weiyan 2101 Beneficial owner
Goh Guan Chua 2101 Beneficial owner
Centrex Treasure Holdings Limited 2101 Beneficial owner
Sim Hak Chor 2201 Interest of corporation controlled by you
Eden Publishing Pte. Ltd. 2101 Beneficial owner
Teo Li Lian 2101 Beneficial owner
Li Haifeng 2101 Beneficial owner
Sim Hak Chor 2201 Interest of corporation controlled by you

SingAsia Holdings Headlines

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