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Old Chang Kee (SGX:5ML) Interest Expense : S$-1.1 Mil (TTM As of Mar. 2024)


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What is Old Chang Kee Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Old Chang Kee's interest expense for the six months ended in Mar. 2024 was S$ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was S$-1.1 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. Old Chang Kee's Operating Income for the six months ended in Mar. 2024 was S$ 6.6 Mil. Old Chang Kee's Interest Expense for the six months ended in Mar. 2024 was S$ -0.6 Mil. Old Chang Kee's Interest Coverage for the quarter that ended in Mar. 2024 was 11.34. 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.


Old Chang Kee Interest Expense Historical Data

The historical data trend for Old Chang Kee'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.

Old Chang Kee Interest Expense Chart

Old Chang Kee 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 -0.96 -0.68 -0.60 -0.71 -1.09

Old Chang Kee Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -0.28 -0.30 -0.40 -0.51 -0.58

Old Chang Kee 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-1.1 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.


Old Chang Kee  (SGX:5ML) 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.

Old Chang Kee's Interest Expense for the six months ended in Mar. 2024 was S$-0.6 Mil. Its Operating Income for the six months ended in Mar. 2024 was S$6.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was S$15.4 Mil.

Old Chang Kee's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*6.591/-0.581
=11.34

* 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.


Old Chang Kee Business Description

Traded in Other Exchanges
N/A
Address
2 Woodlands Terrace, Singapore, SGP, 738427
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.

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