Anacle Systems (HKSE:08353) Interest Expense : HK$-0.7 Mil (TTM As of Nov. 2023)

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What is Anacle Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anacle Systems's interest expense for the three months ended in Nov. 2023 was HK$ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 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. Anacle Systems's Operating Income for the three months ended in Nov. 2023 was HK$ -0.8 Mil. Anacle Systems's Interest Expense for the three months ended in Nov. 2023 was HK$ -0.2 Mil. Anacle Systems 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.

Anacle Systems Interest Expense Historical Data

The historical data trend for Anacle Systems'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.

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Anacle Systems Interest Expense Chart

Anacle Systems Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Interest Expense

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-0.01

-0.20

-0.39

-0.35

-0.50

Anacle Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.19	-0.12	-0.19	-0.21

Anacle Systems 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-0.7 Mil.

Anacle Systems (HKSE:08353) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Anacle Systems's Interest Expense for the three months ended in Nov. 2023 was HK$-0.2 Mil. Its Operating Income for the three months ended in Nov. 2023 was HK$-0.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was HK$11.9 Mil.

Anacle Systems's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Anacle Systems did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Anacle Systems (HKSE:08353) Business Description

Industry

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Address

3 Fusionopolis Way, No. 14-21 Symbiosis, Singapore, SGP, 138633

Website

https://www.anacle.com

Anacle Systems Ltd is a Singapore-based company engaged in software development. It has three operating segments. Simplicity and MyBill segment, which is the key revenue driver, provides specific solutions for enterprise asset management, shared resources management, tenancy management, financial management, supply chain management, customer relationship management and billing management; Starlight segment provides all-time access to the energy profiles of buildings, including information such as energy consumption, power quality, energy analytics, and carbon footprint profiles; and SpaceMonster segment provides an online venue booking platform. Its geographical segments include Singapore, Malaysia, Thailand, China and others, of which the majority of the revenue comes from Singapore.

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