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Lum Chang Holdings (SGX:L19) Interest Expense : S$-2.9 Mil (TTM As of Jun. 2024)


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What is Lum Chang Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lum Chang Holdings's interest expense for the six months ended in Jun. 2024 was S$ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was S$-2.9 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. Lum Chang Holdings's Operating Income for the six months ended in Jun. 2024 was S$ 7.0 Mil. Lum Chang Holdings's Interest Expense for the six months ended in Jun. 2024 was S$ -1.6 Mil. Lum Chang Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 4.46. 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.

Lum Chang Holdings Interest Expense Historical Data

The historical data trend for Lum Chang 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.

Lum Chang Holdings Interest Expense Chart

Lum Chang Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.41 -4.27 -3.71 -3.12 -2.87

Lum Chang Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1.25 -1.47 -1.66 -1.29 -1.58

Lum Chang 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-2.9 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.

Lum Chang Holdings  (SGX:L19) 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.

Lum Chang Holdings's Interest Expense for the six months ended in Jun. 2024 was S$-1.6 Mil. Its Operating Income for the six months ended in Jun. 2024 was S$7.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was S$32.1 Mil.

Lum Chang Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*7.044/-1.578
=4.46

* 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.

Lum Chang Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lum Chang Holdings Ltd (SGX:L19) » Definitions » Interest Expense
Comparable Companies
SGX:ZKX SGX:5CF SGX:ER0 SGX:5HV SGX:V5Q SGX:I07 SGX:MR7 SGX:Q0X SGX:K75 SGX:J2T XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J SHSE:601186
Traded in Other Exchanges
N/A
Address
14 Kung Chong Road, No. 08-01 Lum Chang Building, Singapore, SGP, 159150
Website
http://www.lumchang.com.sg
Lum Chang Holdings Ltd is a construction company. It operates through the following segments: Construction; Property Development and Investment and Investment Holding and Other. The Construction segment which derives the majority of revenue engages in the construction of buildings and building extensions, additions and alteration, refurbishment, and restoration of buildings. The Property Development and Investment segment develops property for sale and holds properties for the investment purposes of the company. The Investment Holding and Others segment is the holding of investments and provision of management services to the companies within the group.

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