FAASF (DigiAsia) Interest Expense: $-1.48 Mil (TTM As of Jun. 2024)

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What is DigiAsia Interest Expense?

DigiAsia FAASF Interest Expense is $-1.48 Mil as of Jun. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DigiAsia's interest expense for the six months ended in Jun. 2024 was $ -1.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-1.48 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. DigiAsia's Operating Income for the six months ended in Jun. 2024 was $ 0.06 Mil. DigiAsia's Interest Expense for the six months ended in Jun. 2024 was $ -1.48 Mil. DigiAsia's Interest Coverage for the quarter that ended in Jun. 2024 was 0.04. 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.


DigiAsia  (OTCPK:FAASF) 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.

DigiAsia's Interest Expense for the six months ended in Jun. 2024 was $-1.48 Mil. Its Operating Income for the six months ended in Jun. 2024 was $0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $0.02 Mil.

DigiAsia's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*0.061/-1.482
=0.04

* 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.


DigiAsia Interest Expense Historical Data

* Premium members only.

The historical data trend for DigiAsia'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.

DigiAsia Interest Expense Chart

DigiAsia Annual Data
Trend Dec21 Dec22
Interest Expense
-0.33 -1.01

DigiAsia Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Jun24
Interest Expense 0.00 -0.36 -0.65 -0.88 -1.48

DigiAsia 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.48 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1.48 Mil mean?
DigiAsia (FAASF) has a Interest Expense of $-1.48 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on DigiAsia and its competitors.
Is DigiAsia's Interest Expense too high?
DigiAsia's current Interest Expense is $-1.48 Mil.
How does DigiAsia's Interest Expense compare to DTSS and BNAI?
DigiAsia's Interest Expense of $-1.48 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on DigiAsia and its competitors. DigiAsia's current Interest Expense is $-1.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DigiAsia stock overvalued right now?
DigiAsia (FAASF) has a current Interest Expense of $-1.48 Mil. The current Interest Expense is $-1.48 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For DigiAsia (FAASF), the current Interest Expense is $-1.48 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DigiAsia Business Description

Address One Raffles Place, No. 28-02, Singapore, SGP, 048616
DigiAsia Corp operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.