HG Metal Manufacturing (SGX:BTG) Interest Expense : S$-0.6 Mil (TTM As of Dec. 2024)

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What is HG Metal Manufacturing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HG Metal Manufacturing's interest expense for the six months ended in Dec. 2024 was S$ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was S$-0.6 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. HG Metal Manufacturing's Operating Income for the six months ended in Dec. 2024 was S$ 6.2 Mil. HG Metal Manufacturing's Interest Expense for the six months ended in Dec. 2024 was S$ -0.3 Mil. HG Metal Manufacturing's Interest Coverage for the quarter that ended in Dec. 2024 was 21.12. 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.

HG Metal Manufacturing Interest Expense Historical Data

The historical data trend for HG Metal Manufacturing'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.

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HG Metal Manufacturing Interest Expense Chart

HG Metal Manufacturing Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-1.10

-1.07

-1.37

-0.99

-0.62

HG Metal Manufacturing Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.88	-0.63	-0.35	-0.33	-0.29

HG Metal Manufacturing 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-0.6 Mil.

HG Metal Manufacturing (SGX:BTG) 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.

HG Metal Manufacturing's Interest Expense for the six months ended in Dec. 2024 was S$-0.3 Mil. Its Operating Income for the six months ended in Dec. 2024 was S$6.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was S$9.3 Mil.

HG Metal Manufacturing's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	6.166	/	-0.292
	=	21.12

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

HG Metal Manufacturing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » HG Metal Manufacturing Ltd (SGX:BTG) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

28 Jalan Buroh, Singapore, SGP, 619484

Website

http://www.hgmetal.com

HG Metal Manufacturing Ltd is involved in the steel business. The company has business units which include HG Distribution, HG Construction Steel, HG Coupler, and Thread. The operating segment of the company is Trading Segment, Manufacturing Segment, and Others. The trading segment is a supplier of steel products and includes the holding of investments in subsidiaries in the business of steel distribution and provision of industrial steel services. The manufacturing segment produces construction steel products and provides related engineering services. Others include those which do not fall in the trading and manufacturing segment. The majority is from the manufacturing segment. Geographically, the majority is derived from Singapore.