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Tritech Group (SGX:5G9) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Tritech Group 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. Tritech Group's Operating Income for the six months ended in Sep. 2024 was S$-0.41 Mil. Tritech Group's Interest Expense for the six months ended in Sep. 2024 was S$-0.56 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


SGX:5G9's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 6.79
* 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.


Tritech Group Interest Coverage Historical Data

The historical data trend for Tritech Group'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.

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Tritech Group Interest Coverage Chart

Tritech Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
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Tritech Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - 0.70 -

Competitive Comparison of Tritech Group's Interest Coverage

For the Engineering & Construction subindustry, Tritech Group'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.


Tritech Group's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tritech Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tritech Group's Interest Coverage falls into.



Tritech Group 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.

Tritech Group's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Tritech Group's Interest Expense was S$-0.73 Mil. Its Operating Income was S$-1.67 Mil. And its Long-Term Debt & Capital Lease Obligation was S$7.23 Mil.

Tritech Group did not have earnings to cover the interest expense.

Tritech Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Tritech Group's Interest Expense was S$-0.56 Mil. Its Operating Income was S$-0.41 Mil. And its Long-Term Debt & Capital Lease Obligation was S$6.69 Mil.

Tritech Group did not have earnings to cover the interest expense.

* 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.


Tritech Group  (SGX:5G9) 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 .


Tritech Group Interest Coverage Related Terms

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Tritech Group Business Description

Traded in Other Exchanges
N/A
Address
31 Changi South Avenue 2, Tritech Building, Singapore, SGP, 486478
Tritech Group Ltd engaged in providing Specialist Engineering Services. It operates through three segments: Smart Urban Development segment which earns most of the firm's revenue and comprises a one-stop integrated service provider for smart urban development, covering urban planning, site investigation, design and consultancy, engineering survey, instrumentation and monitoring, project management, construction supervision, data collection, big data analytics, artificial intelligence and cloud computing digital platform. Water-related and environmental business, which comprises water treatment consultancy; Corporate business segment which comprises Group-level corporate services and treasury functions; and Other. The company generates most of the revenue from the Engineering business.

Tritech Group Headlines

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