Kim Heng (SGX:5G2) Interest Expense : S$-4.1 Mil (TTM As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Kim Heng Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kim Heng's interest expense for the six months ended in Dec. 2024 was S$ -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was S$-4.1 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. Kim Heng's Operating Income for the six months ended in Dec. 2024 was S$ 2.2 Mil. Kim Heng's Interest Expense for the six months ended in Dec. 2024 was S$ -2.2 Mil. Kim Heng's Interest Coverage for the quarter that ended in Dec. 2024 was 0.99. 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.

Kim Heng Interest Expense Historical Data

The historical data trend for Kim Heng'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.

Kim Heng Interest Expense Chart

Kim Heng Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-1.78

-1.84

-2.38

-3.11

-4.12

Kim Heng 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															-1.25	-1.36	-1.75	-1.90	-2.22

Kim Heng 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$-4.1 Mil.

Kim Heng (SGX:5G2) 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.

Kim Heng's Interest Expense for the six months ended in Dec. 2024 was S$-2.2 Mil. Its Operating Income for the six months ended in Dec. 2024 was S$2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was S$23.5 Mil.

Kim Heng'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	*	2.188	/	-2.22
	=	0.99

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. Kim Heng Ltd interest coverage is 1.43, which is low.

Kim Heng Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kim Heng Ltd (SGX:5G2) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 48 Penjuru Road, Singapore, SGP, 609152

Website

https://www.kimheng.com.sg

Kim Heng Ltd is an integrated offshore and marine value chain service provider. It is engaged in providing services like supply chain management which includes the provision of logistics, general shipping, and crew management, and provision of offshore supply vessels and heavy lift equipment, vessel sales, and newbuild which includes purchase and refurbishment of vessels for onselling, and heavy equipment sale and rental which includes leasing, sale, maintenance, import and export of heavy equipment, and providing equipment and machinery like a crawler, lorry, and mobile cranes. The operating segments are Offshore Rig Services and Supply Chain Management, and Vessel Sales and Newbuilds where offshore rig services contribute the majority of revenue.

Kim Heng Headlines

No Headlines