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Beng Soon Machinery Holdings (HKSE:01987) Interest Expense : HK$-1.8 Mil (TTM As of Jun. 2024)


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What is Beng Soon Machinery Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beng Soon Machinery Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-1.8 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. Beng Soon Machinery Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ -9.5 Mil. Beng Soon Machinery Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -0.7 Mil. Beng Soon Machinery Holdings 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.

Beng Soon Machinery Holdings Interest Expense Historical Data

The historical data trend for Beng Soon Machinery Holdings'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.

Beng Soon Machinery Holdings Interest Expense Chart

Beng Soon Machinery Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.91 -1.63 -1.60 -1.48 -1.76

Beng Soon Machinery Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense 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 -0.80 -0.75 -0.72 -0.72 -1.04

Beng Soon Machinery Holdings 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 HK$-1.8 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.

Beng Soon Machinery Holdings  (HKSE:01987) 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.

Beng Soon Machinery Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-0.7 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$-9.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$44.9 Mil.

Beng Soon Machinery Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Beng Soon Machinery Holdings 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.

Beng Soon Machinery Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Beng Soon Machinery Holdings Ltd (HKSE:01987) » Definitions » Interest Expense
Comparable Companies
HKSE:01552 HKSE:01559 HKSE:02663 HKSE:08535 HKSE:01372 HKSE:01920 HKSE:01707 HKSE:00871 HKSE:01547 HKSE:08268 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME HKSE:01800 SHSE:601390 XPAR:EN XMAD:ACS
Traded in Other Exchanges
N/A
Address
21 Tuas South Street 7, Singapore, SGP, 637111
Website
https://www.bsm.com.sg
Beng Soon Machinery Holdings Ltd is an investment holding company engaged in the provision of demolition services. The Group is a demolition services provider in Singapore, which also sells salvage materials removed from the demolition sites to third-party salvage buyers, deposits earth from earth providers at its demolition sites for landfilling purposes, and leases and sells machinery to third parties. The company derives a majority of its revenue from Singapore.
Executives
Lee Peck Kim 2202 Interest of your spouse
Tan Chee Beng 2201 Interest of corporation controlled by you
Tcb Investment Holdings Limited 2101 Beneficial owner
K Luxe Holdings Limited 2101 Beneficial owner
Cheung Kam Fai 2201 Interest of corporation controlled by you

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