AsiaMedic (SGX:505) Interest Expense : S$-0.57 Mil (TTM As of Dec. 2024)

View and export this data going back to 1987. Start your Free Trial

What is AsiaMedic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AsiaMedic's interest expense for the six months ended in Dec. 2024 was S$ -0.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was S$-0.57 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. AsiaMedic's Operating Income for the six months ended in Dec. 2024 was S$ 0.56 Mil. AsiaMedic's Interest Expense for the six months ended in Dec. 2024 was S$ -0.32 Mil. AsiaMedic's Interest Coverage for the quarter that ended in Dec. 2024 was 1.73. 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.

AsiaMedic Interest Expense Historical Data

The historical data trend for AsiaMedic'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.

AsiaMedic Interest Expense Chart

AsiaMedic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-0.20

-0.15

-0.24

-0.42

-0.59

AsiaMedic Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.18	-0.20	-0.23	-0.24	-0.32

AsiaMedic 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-0.57 Mil.

AsiaMedic (SGX:505) 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.

AsiaMedic's Interest Expense for the six months ended in Dec. 2024 was S$-0.32 Mil. Its Operating Income for the six months ended in Dec. 2024 was S$0.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was S$18.80 Mil.

AsiaMedic's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	0.561	/	-0.324
	=	1.73

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AsiaMedic Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

AsiaMedic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » AsiaMedic Ltd (SGX:505) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Orchard Road, No. 08-00 Shaw House, Singapore, SGP, 238868

Website

https://www.asiamedic.com.sg

AsiaMedic Ltd is an investment holding company. The principal activities of the company include the provision of management services. It engaged in the business of operating medical clinics in Singapore. It generates revenue from health screening and medical wellness services, diagnostic imaging and radiology services, primary care services and sales of pharmaceutical products, and medical aesthetic services and related products, net of discounts.

AsiaMedic Headlines

No Headlines