Hiap Hoe (SGX:5JK) Interest Expense : S$-38.5 Mil (TTM As of Dec. 2024)

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What is Hiap Hoe Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hiap Hoe's interest expense for the six months ended in Dec. 2024 was S$ -18.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was S$-38.5 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. Hiap Hoe's Operating Income for the six months ended in Dec. 2024 was S$ 6.6 Mil. Hiap Hoe's Interest Expense for the six months ended in Dec. 2024 was S$ -18.7 Mil. Hiap Hoe's Interest Coverage for the quarter that ended in Dec. 2024 was 0.35. 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.

Hiap Hoe Interest Expense Historical Data

The historical data trend for Hiap Hoe'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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Hiap Hoe Interest Expense Chart

Hiap Hoe Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-12.47

-10.89

-19.92

-37.30

-38.54

Hiap Hoe 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															-13.32	-17.88	-19.42	-19.85	-18.70

Hiap Hoe 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$-38.5 Mil.

Hiap Hoe (SGX:5JK) 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.

Hiap Hoe's Interest Expense for the six months ended in Dec. 2024 was S$-18.7 Mil. Its Operating Income for the six months ended in Dec. 2024 was S$6.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was S$594.3 Mil.

Hiap Hoe'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	*	6.583	/	-18.695
	=	0.35

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. Hiap Hoe Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Hiap Hoe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hiap Hoe Ltd (SGX:5JK) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

18 Ah Hood Road, No. 13-51, Hiap Hoe Building At Zhongshan Park, Singapore, SGP, 329983

Website

https://www.hiaphoe.com

Hiap Hoe Ltd is a regional real estate group with a diversified portfolio of hospitality, retail, commercial and residential assets. It has the following reportable operating segments - Development Properties, Rental, Leisure, Hotel operations, Other investments, and the others segment. The Hotel Operations segment which generates the majority of the revenue, is operated under the brand names of Aloft Singapore Novena, Four Points by Sheraton Melbourne, Holiday Inn Express Trafford City, and Aloft Perth. The company has operations in Singapore which generates key revenue, Australia, and the United Kingdom.

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