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Yongmao Holdings (SGX:BKX) Interest Expense : S$-3.4 Mil (TTM As of Sep. 2024)


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What is Yongmao Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yongmao Holdings's interest expense for the six months ended in Sep. 2024 was S$ -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was S$-3.4 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. Yongmao Holdings's Operating Income for the six months ended in Sep. 2024 was S$ 4.1 Mil. Yongmao Holdings's Interest Expense for the six months ended in Sep. 2024 was S$ -1.9 Mil. Yongmao Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 2.16. 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.

Yongmao Holdings Interest Expense Historical Data

The historical data trend for Yongmao 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.

Yongmao Holdings Interest Expense Chart

Yongmao Holdings 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 -3.41 -3.05 -3.64 -3.38 -3.08

Yongmao Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -1.60 -1.83 -1.53 -1.55 -1.88

Yongmao 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-3.4 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.

Yongmao Holdings  (SGX:BKX) 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.

Yongmao Holdings's Interest Expense for the six months ended in Sep. 2024 was S$-1.9 Mil. Its Operating Income for the six months ended in Sep. 2024 was S$4.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was S$20.3 Mil.

Yongmao Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*4.055/-1.875
=2.16

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yongmao Holdings Ltd interest coverage is 1.32, which is low.

Yongmao Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yongmao Holdings Ltd (SGX:BKX) » Definitions » Interest Expense
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SGX:BKA SGX:1A1 CAT DE OSTO:VOLV A PCAR TSE:6201 TSE:6301 OSTO:EPI A XAMS:EXO TSE:6326 SHSE:600031 CNHI SZSE:000425 AGCO OHEL:METSO SZSE:000157 OSK BOM:500477 TSE:6305
Traded in Other Exchanges
N/A
Address
81 Ubi Avenue 4, No. 09-01 UB. One, Singapore, SGP, 408830
Website
http://www.yongmaoholdings.com
Yongmao Holdings Ltd is involved in the design, development, and manufacture of a wide range of tower cranes, components, and accessories. The products are mainly sold to construction equipment distributors and equipment rental companies. Yongmao Holdings offers tower cranes with various lifting capacities that include the Topless STT series, ST series, Luffing STL series, and Derrick Q series. The business of the company is classified under geographical segments the People's Republic of China, Hong Kong and Macau, and Singapore. The People's Republic of China segment generates maximum revenue for the company which represents the manufacture and sale, with some rental and servicing of tower cranes and tower crane components and accessories in China.

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