GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Moneymax Financial Services Ltd (SGX:5WJ) » Definitions » Interest Expense

Moneymax Financial Services (SGX:5WJ) Interest Expense : S$-27.5 Mil (TTM As of Jun. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Moneymax Financial Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Moneymax Financial Services's interest expense for the six months ended in Jun. 2024 was S$ -14.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was S$-27.5 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. Moneymax Financial Services's Operating Income for the six months ended in Jun. 2024 was S$ 44.2 Mil. Moneymax Financial Services's Interest Expense for the six months ended in Jun. 2024 was S$ -14.6 Mil. Moneymax Financial Services's Interest Coverage for the quarter that ended in Jun. 2024 was 3.03. 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.

Moneymax Financial Services Interest Expense Historical Data

The historical data trend for Moneymax Financial Services'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.

Moneymax Financial Services Interest Expense Chart

Moneymax Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.04 -8.18 -9.46 -14.59 -24.20

Moneymax Financial Services 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 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 -6.09 -8.50 -11.25 -12.95 -14.58

Moneymax Financial Services 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$-27.5 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.

Moneymax Financial Services  (SGX:5WJ) 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.

Moneymax Financial Services's Interest Expense for the six months ended in Jun. 2024 was S$-14.6 Mil. Its Operating Income for the six months ended in Jun. 2024 was S$44.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was S$8.3 Mil.

Moneymax Financial Services'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*44.189/-14.584
=3.03

* 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.

Moneymax Financial Services Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Moneymax Financial Services Ltd (SGX:5WJ) » Definitions » Interest Expense
Comparable Companies
SGX:AWI SGX:1F2 SGX:5SO SGX:Y45 SGX:543 SGX:5BI SGX:KUH ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY FIVE WSM DKS
Traded in Other Exchanges
N/A
Address
7 Changi Business Park Vista, No. 01-01, SOOKEE HQ, Singapore, SGP, 486042
Website
https://www.moneymax.com.sg
Moneymax Financial Services Ltd is an investment holding company. The company's business segments are Pawnbroking, Retail trading of pre-owned luxury items and Secured Lending. It operates an online platform for shopping, MoneyMax Online, as well as pre-owned luxury retail outlet. The company operates a pawnbroking chain to offer an online platform to shop, sell and appraise their valuables. Its geographical segments are Singapore and Malaysia, of which the vast majority of its revenue comes from Singapore.

Moneymax Financial Services Headlines

No Headlines