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Raffles Financial Group (FRA:4VO) Interest Expense : €0.00 Mil (TTM As of Mar. 2021)


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What is Raffles Financial Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Raffles Financial Group's interest expense for the three months ended in Mar. 2021 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was €0.00 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. Raffles Financial Group's Operating Income for the three months ended in Mar. 2021 was € 1.53 Mil. Raffles Financial Group's Interest Expense for the three months ended in Mar. 2021 was € 0.00 Mil. Raffles Financial Group has no long-term debt (1). 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.

(1) Note: An indication of "no long-term 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.


Raffles Financial Group Interest Expense Historical Data

The historical data trend for Raffles Financial Group'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.

Raffles Financial Group Interest Expense Chart

Raffles Financial Group Annual Data
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Raffles Financial Group Quarterly Data
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Raffles Financial Group 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 Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 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.


Raffles Financial Group  (FRA:4VO) 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.

Raffles Financial Group's Interest Expense for the three months ended in Mar. 2021 was €0.00 Mil. Its Operating Income for the three months ended in Mar. 2021 was €1.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was €0.00 Mil.

Raffles Financial Group's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Raffles Financial Group had no long-term debt (1).

* 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.


Raffles Financial Group (FRA:4VO) Business Description

Traded in Other Exchanges
N/A
Address
3 Shenton Way, No. 11-1H Shenton House, Singapore, SGP, 068805
Raffles Financial Group Ltd is engaged in providing financial advisory services. The company serves as an advisor for family trusts, family offices, and investment funds. The company provides corporate finance guidance and public listing advisory for Asian companies planning for IPO on stock exchanges like Australia, Canada, Germany, Hong Kong, Singapore, and the United States. It also guides companies for capital structure across debt, hybrid, derivative and equity-linked products.

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