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Armstrong Industrial Limited (SGX:A14) Interest Expense : S$-0.4 Mil (TTM As of Jun. 2013)


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What is Armstrong Industrial Limited Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Armstrong Industrial Limited's interest expense for the three months ended in Jun. 2013 was S$ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2013 was S$-0.4 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. Armstrong Industrial Limited's Operating Income for the three months ended in Jun. 2013 was S$ 2.3 Mil. Armstrong Industrial Limited's Interest Expense for the three months ended in Jun. 2013 was S$ -0.2 Mil. Armstrong Industrial Limited's Interest Coverage for the quarter that ended in Jun. 2013 was 13.49. 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.


Armstrong Industrial Limited Interest Expense Historical Data

The historical data trend for Armstrong Industrial Limited'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.

Armstrong Industrial Limited Interest Expense Chart

Armstrong Industrial Limited Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Expense
Get a 7-Day Free Trial -0.42 -0.35 -0.45 -0.68 -0.64

Armstrong Industrial Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 -0.16 - -0.05 -0.15 -0.17

Armstrong Industrial Limited 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was S$-0.4 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.


Armstrong Industrial Limited  (SGX:A14) 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.

Armstrong Industrial Limited's Interest Expense for the three months ended in Jun. 2013 was S$-0.2 Mil. Its Operating Income for the three months ended in Jun. 2013 was S$2.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2013 was S$9.0 Mil.

Armstrong Industrial Limited's Interest Coverage for the quarter that ended in Jun. 2013 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2013 )/Interest Expense (Q: Jun. 2013 )
=-1*2.266/-0.168
=13.49

* 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.


Armstrong Industrial Limited (SGX:A14) Business Description

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Armstrong Industrial Corporation Limited is incorporated in Singapore. The Company is an investment holding company involved in manufacture and sale of precision die-cut foam and rubber moulded components for various technology and other applications. It operates in various segments namely Data storage, Office automation, Consumer electronics / Telecommunications, Automotive and Industrial engineering.

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