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Leader Environmental Technologies (SGX:LS9) Interest Expense : S$-1.61 Mil (TTM As of Dec. 2023)


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What is Leader Environmental Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leader Environmental Technologies's interest expense for the six months ended in Dec. 2023 was S$ -1.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-1.61 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. Leader Environmental Technologies's Operating Income for the six months ended in Dec. 2023 was S$ -4.06 Mil. Leader Environmental Technologies's Interest Expense for the six months ended in Dec. 2023 was S$ -1.17 Mil. Leader Environmental Technologies 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.


Leader Environmental Technologies Interest Expense Historical Data

The historical data trend for Leader Environmental Technologies'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.

Leader Environmental Technologies Interest Expense Chart

Leader Environmental Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 -1.01 -0.24 -0.19 -1.61

Leader Environmental Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.05 -0.07 -0.13 -0.44 -1.17

Leader Environmental Technologies 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-1.61 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.


Leader Environmental Technologies  (SGX:LS9) 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.

Leader Environmental Technologies's Interest Expense for the six months ended in Dec. 2023 was S$-1.17 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$-4.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$20.73 Mil.

Leader Environmental Technologies's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Leader Environmental Technologies 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.


Leader Environmental Technologies (SGX:LS9) Business Description

Traded in Other Exchanges
N/A
Address
Guang Yuan Dong Road Bo Hui Street, No. 6 Block E Unit 608, Tian He District, Guangzhou, CHN
Leader Environmental Technologies Ltd is engaged in the research and development, design, manufacturing, assembly, installation and support services of environmental protection systems, primarily for industrial waste gas and wastewater treatments. The company operates in the segments of, (i) provision of engineering solution services in respect of sludge and water treatment, (ii) AIWater (ie. artificial intelligence technology in water treatment) and sludge treatment services, (iii) manufacturing of high-performance membrane products, and (iv) others.

Leader Environmental Technologies (SGX:LS9) Headlines

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