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Raffles Interior (HKSE:01376) Interest Expense : HK$-0.7 Mil (TTM As of Dec. 2023)


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What is Raffles Interior Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Raffles Interior's interest expense for the six months ended in Dec. 2023 was HK$ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.7 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 Interior's Operating Income for the six months ended in Dec. 2023 was HK$ -4.7 Mil. Raffles Interior's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.2 Mil. Raffles Interior did not have earnings to cover the interest expense. 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.


Raffles Interior Interest Expense Historical Data

The historical data trend for Raffles Interior'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 Interior Interest Expense Chart

Raffles Interior Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.81 -1.89 -1.60 -2.29 -0.74

Raffles Interior Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.96 -0.88 -1.39 -0.55 -0.18

Raffles Interior 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 semi-annually data reported by the company within the most recent 12 months, which was HK$-0.7 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 Interior  (HKSE:01376) 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 Interior's Interest Expense for the six months ended in Dec. 2023 was HK$-0.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-4.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$4.6 Mil.

Raffles Interior's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Raffles Interior 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.


Raffles Interior (HKSE:01376) Business Description

Traded in Other Exchanges
N/A
Address
59 Sungei Kadut Loop, Singapore, SGP, 729490
Raffles Interior Ltd is a Singapore-based investment holding company. The company is principally engaged in the provision of interior fitting-out services. The company's fitting-out services include project management and construction management of the interior fitting-out project, construction and installation of interior fitting-out works, customizing, manufacturing and supply of carpentry/joinery and integral fixtures, and maintenance of the projects that it undertakes on an ad-hoc basis. The company derives its revenue from projects involving fitting-out works for office space in Singapore.
Executives
Low Lek Huat 2201 Interest of corporation controlled by you
Zhong Ji Huan Qiu Qi Ye You Xian Gong Si 2101 Beneficial owner
Union Expert Investment Holding Limited 2101 Beneficial owner
Cao Chengpeng 2201 Interest of corporation controlled by you
Sng Siew Luan Emily 2202 Interest of your spouse
Pan Lulu 2202 Interest of your spouse
Ong Poh Eng 2202 Interest of your spouse
Ng Foo Wah 2201 Interest of corporation controlled by you
Neo Bee Ling Pauline 2202 Interest of your spouse
Chua Boon Par 2201 Interest of corporation controlled by you
Low Lek Hee 2201 Interest of corporation controlled by you
Loke Yoke Mei 2202 Interest of your spouse
Lo Lek Chew 2201 Interest of corporation controlled by you
Lim Bee Peng 2202 Interest of your spouse
Leong Wai Kit 2201 Interest of corporation controlled by you

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