Econ Healthcare (Asia) (SGX:EHG) Interest Expense : S$-1.53 Mil (TTM As of Sep. 2023)

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What is Econ Healthcare (Asia) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Econ Healthcare (Asia)'s interest expense for the six months ended in Sep. 2023 was S$ -0.78 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was S$-1.53 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. Econ Healthcare (Asia)'s Operating Income for the six months ended in Sep. 2023 was S$ 2.28 Mil. Econ Healthcare (Asia)'s Interest Expense for the six months ended in Sep. 2023 was S$ -0.78 Mil. Econ Healthcare (Asia)'s Interest Coverage for the quarter that ended in Sep. 2023 was 2.92. 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.

Econ Healthcare (Asia) Interest Expense Historical Data

The historical data trend for Econ Healthcare (Asia)'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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Econ Healthcare (Asia) Interest Expense Chart

Econ Healthcare (Asia) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-1.27

-1.48

-1.35

-1.43

-1.52

Econ Healthcare (Asia) Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial						-0.57	-0.86	-0.77	-0.75	-0.78

Econ Healthcare (Asia) 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-1.53 Mil.

Econ Healthcare (Asia) (SGX:EHG) 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.

Econ Healthcare (Asia)'s Interest Expense for the six months ended in Sep. 2023 was S$-0.78 Mil. Its Operating Income for the six months ended in Sep. 2023 was S$2.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was S$28.73 Mil.

Econ Healthcare (Asia)'s Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	2.28	/	-0.78
	=	2.92

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

Econ Healthcare (Asia) (SGX:EHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econ Healthcare (Asia) Ltd (SGX:EHG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Changi Road, No. 05-01-13, Hexacube, Singapore, SGP, 419728

Website

https://www.econhealthcare.com

Econ Healthcare (Asia) Ltd is a private nursing home operator in Singapore and Malaysia. The operating business segments are Medicare Centres and Nursing Homes and Other Operations and Ancillary Services. The company derives maximum revenue from the provision of medicare centres and the nursing home segment. Geographically it derives a majority of its revenue from Singapore.

Econ Healthcare (Asia) (SGX:EHG) Headlines

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