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Asiatic Group (Holdings) (SGX:5CR) Interest Expense : S$-0.99 Mil (TTM As of Dec. 2024)


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What is Asiatic Group (Holdings) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asiatic Group (Holdings)'s interest expense for the three months ended in Dec. 2024 was S$ -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was S$-0.99 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. Asiatic Group (Holdings)'s Operating Income for the three months ended in Dec. 2024 was S$ 0.35 Mil. Asiatic Group (Holdings)'s Interest Expense for the three months ended in Dec. 2024 was S$ -0.24 Mil. Asiatic Group (Holdings)'s Interest Coverage for the quarter that ended in Dec. 2024 was 1.50. 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.


Asiatic Group (Holdings) Interest Expense Historical Data

The historical data trend for Asiatic Group (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.

Asiatic Group (Holdings) Interest Expense Chart

Asiatic Group (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.79 -0.67 -0.89 -0.85 -0.95

Asiatic Group (Holdings) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.26 -0.25 -0.25 -0.26 -0.24

Asiatic Group (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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was S$-0.99 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.


Asiatic Group (Holdings)  (SGX:5CR) 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.

Asiatic Group (Holdings)'s Interest Expense for the three months ended in Dec. 2024 was S$-0.24 Mil. Its Operating Income for the three months ended in Dec. 2024 was S$0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was S$5.54 Mil.

Asiatic Group (Holdings)'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*0.352/-0.235
=1.50

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Asiatic Group (Holdings) Ltd interest coverage is 2.53, which is low.


Asiatic Group (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
65 Joo Koon Circle, Singapore, SGP, 629078
Asiatic Group (Holdings) Ltd is an engineering management company focused on the development of two sectors Fire Protection Solutions and Energy Services. The Fire Protection Solutions focuses on supplying, installing, and maintaining firefighting and protection equipment. The Energy Services focuses on power generation and the distribution of controlled power supply and equipment. The company manufactures fire extinguishers and assembles fire-fighting products such as hose reels, hydrants, alarm systems, and emergency lighting, under its brand name KILLFIRE. It operates in Singapore, Cambodia, and other countries. It generates revenue from the Fire Protection Solutions segment.

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