CNMC Goldmine Holdings (SGX:5TP) Interest Expense : S$-0.21 Mil (TTM As of Jun. 2024)

View and export this data going back to 2011. Start your Free Trial

What is CNMC Goldmine Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CNMC Goldmine Holdings's interest expense for the six months ended in Jun. 2024 was S$ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was S$-0.21 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. CNMC Goldmine Holdings's Operating Income for the six months ended in Jun. 2024 was S$ 10.20 Mil. CNMC Goldmine Holdings's Interest Expense for the six months ended in Jun. 2024 was S$ -0.11 Mil. CNMC Goldmine Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 94.41. 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.

CNMC Goldmine Holdings Interest Expense Historical Data

The historical data trend for CNMC Goldmine 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.

CNMC Goldmine Holdings Interest Expense Chart

CNMC Goldmine Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.12

-0.22

-0.24

-0.15

-0.20

CNMC Goldmine Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.05	-0.10	-0.10	-0.11

CNMC Goldmine 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-0.21 Mil.

CNMC Goldmine Holdings (SGX:5TP) 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.

CNMC Goldmine Holdings's Interest Expense for the six months ended in Jun. 2024 was S$-0.11 Mil. Its Operating Income for the six months ended in Jun. 2024 was S$10.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was S$1.51 Mil.

CNMC Goldmine Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	10.196	/	-0.108
	=	94.41

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. CNMC Goldmine Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

CNMC Goldmine Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CNMC Goldmine Holdings Ltd (SGX:5TP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

47 Scotts Road, No. 03-03 Goldbell Towers, Singapore, SGP, 228233

Website

http://www.cnmc.com.hk

CNMC Goldmine Holdings Ltd is a Singapore-based investment holding and gold producer company. The company's operating segments are Gold mining, which includes the exploration, development, mining, and marketing of gold and Other operations include investment holding companies and the provision of corporate services. It derives maximum revenue from the Gold mining segment. The group focuses on the Sokor Gold Field project located in Malaysia.

CNMC Goldmine Holdings Headlines

No Headlines