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Hong Leong Asia (SGX:H22) Interest Expense : S$-35 Mil (TTM As of Dec. 2024)


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What is Hong Leong Asia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hong Leong Asia's interest expense for the six months ended in Dec. 2024 was S$ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was S$-35 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. Hong Leong Asia's Operating Income for the six months ended in Dec. 2024 was S$ -10 Mil. Hong Leong Asia's Interest Expense for the six months ended in Dec. 2024 was S$ -17 Mil. Hong Leong Asia did not have earnings to cover the interest expense. 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.


Hong Leong Asia Interest Expense Historical Data

The historical data trend for Hong Leong 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.

* Premium members only.

Hong Leong Asia Interest Expense Chart

Hong Leong Asia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.46 -28.90 -29.73 -38.51 -33.24

Hong Leong Asia 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 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 -14.35 -20.61 -19.25 -18.00 -16.50

Hong Leong 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-35 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.


Hong Leong Asia  (SGX:H22) 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.

Hong Leong Asia's Interest Expense for the six months ended in Dec. 2024 was S$-17 Mil. Its Operating Income for the six months ended in Dec. 2024 was S$-10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was S$331 Mil.

Hong Leong Asia's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Hong Leong Asia did not have earnings to cover the interest expense.

* 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.


Hong Leong Asia Business Description

Traded in Other Exchanges
Address
16 Raffles Quay, No. 26-00 Hong Leong Building, Singapore, SGP, 048581
Hong Leong Asia Ltd is the industrial manufacturing and distribution division of Hong Leong Group Singapore. It operates as the diversified industrial conglomerate in China and Southeast Asia. Its reportable segments are Diesel engines, Building materials, Rigid packaging and Air-conditioning systems. Geographically it derives key revenue from China.

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