iFAST (SGX:AIY) Interest Expense: S$-54.4 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:AIY iFAST Corp Ltd SGX:AIY
93 GF Score
Price S$9.57
GF Value S$12.44
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is iFAST Interest Expense?

iFAST SGX:AIY +0.31% 93 Interest Expense is S$-54.4 Mil as of Mar. 2026. GuruFocus rates SGX:AIY with a GF Score™ of 93/100 and a GF Value™ of S$12.44 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. iFAST's interest expense for the three months ended in Mar. 2026 was S$ -13.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was S$-54.4 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. iFAST's Operating Income for the three months ended in Mar. 2026 was S$ 46.9 Mil. iFAST's Interest Expense for the three months ended in Mar. 2026 was S$ -13.3 Mil. iFAST's Interest Coverage for the quarter that ended in Mar. 2026 was 3.52. 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.

iFAST  (SGX:AIY) 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.

iFAST's Interest Expense for the three months ended in Mar. 2026 was S$-13.3 Mil. Its Operating Income for the three months ended in Mar. 2026 was S$46.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was S$258.6 Mil.

iFAST's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*46.873/-13.313
=3.52

* 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.

iFAST Interest Expense Historical Data

* Premium members only.

The historical data trend for iFAST'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.

iFAST Interest Expense Chart

iFAST Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.56 -1.19 -7.62 -32.30 -52.70

iFAST Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -11.57 -12.78 -13.66 -14.69 -13.31
SGX:AIY
93GF Score
iFAST Corp Ltd SGX:AIY
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iFAST 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was S$-54.4 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of S$-54.4 Mil mean?
iFAST (SGX:AIY) has a Interest Expense of S$-54.4 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on iFAST and its competitors.
Is iFAST's Interest Expense too high?
iFAST's current Interest Expense is S$-54.4 Mil. Overall, iFAST has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iFAST's Interest Expense compare to UBER and SHOP?
iFAST's Interest Expense of S$-54.4 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on iFAST and its competitors. iFAST's current Interest Expense is S$-54.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iFAST stock overvalued right now?
Based on GuruFocus' analysis, iFAST (SGX:AIY) is currently considered Modestly Undervalued. The stock's GF Value™ is S$12.44, compared to a current price of S$9.57 — trading 23.1% below its estimated fair value. The current Interest Expense is S$-54.4 Mil. iFAST's overall GF Score™ is 93/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For iFAST (SGX:AIY), the current Interest Expense is S$-54.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is iFAST (SGX:AIY) Overvalued in 2026?

Based on GuruFocus' analysis, iFAST stock appears to be undervalued. The current stock price of S$9.57 is trading 23.1% below its estimated GF Value™ of S$12.44. GuruFocus considers iFAST to be Modestly Undervalued.

Key valuation signals for SGX:AIY:

  • Interest Expense: S$-54.4 Mil
  • GF Value™: S$12.44 vs. price of S$9.57 (23.1% below fair value)
  • GF Score™: 93/100 with 7 warning signs

No single metric tells the full story. See the SGX:AIY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

iFAST Business Description

Other Exchanges 1O3:Germany
Address 10 Collyer Quay, No. 26-01, Ocean Financial Centre, Singapore, SGP, 049315
iFAST Corp Ltd is an investment holding company. It is engaged in the development of software, marketing of unit trusts, exchange-traded funds, listed stocks, debt securities, and Singapore government securities through websites and acting as an investment advisor, dealer, and custodian in the securities, portfolio management, pension administrative services, trust services, and banking services. The company operates through geographic segments: Singapore, Hong Kong, Malaysia, the United Kingdom, and China. The Hong Kong region generates maximum revenue for the company. The company receives the majority of revenue in the form of commissions and fees.
93GF Score

Get the complete analysis for SGX:AIY

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$9.57
Price
S$12.44
GF Value