GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Manufacturing Integration Technology Ltd (SGX:M11) » Definitions » Interest Expense

Manufacturing Integration Technology (SGX:M11) Interest Expense : S$-0.04 Mil (TTM As of Jun. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Manufacturing Integration Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Manufacturing Integration Technology's interest expense for the six months ended in Jun. 2024 was S$ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was S$-0.04 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. Manufacturing Integration Technology's Operating Income for the six months ended in Jun. 2024 was S$ -2.17 Mil. Manufacturing Integration Technology's Interest Expense for the six months ended in Jun. 2024 was S$ -0.06 Mil. Manufacturing Integration Technology 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.

Manufacturing Integration Technology Interest Expense Historical Data

The historical data trend for Manufacturing Integration Technology'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.

Manufacturing Integration Technology Interest Expense Chart

Manufacturing Integration Technology 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 -0.20 -0.14 -0.09 -0.04 -0.02

Manufacturing Integration Technology 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 -0.04 -0.01 -0.03 0.01 -0.06

Manufacturing Integration Technology 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$-0.04 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.

Manufacturing Integration Technology  (SGX:M11) 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.

Manufacturing Integration Technology's Interest Expense for the six months ended in Jun. 2024 was S$-0.06 Mil. Its Operating Income for the six months ended in Jun. 2024 was S$-2.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was S$0.51 Mil.

Manufacturing Integration Technology's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Manufacturing Integration Technology 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.

Manufacturing Integration Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Manufacturing Integration Technology Ltd (SGX:M11) » Definitions » Interest Expense
Comparable Companies
SGX:5TY XAMS:ASML AMAT LRCX TSE:8035 KLAC TSE:6146 XAMS:ASM TSE:6857 SHSE:601012 TSE:6920 SZSE:002371 ENTG TER SHSE:688012 XAMS:BESI SZSE:000100 SZSE:002129 AMKR SZSE:300316
Traded in Other Exchanges
N/A
Address
Ang Mo Kio Avenue 5, Block 5004, No. 03-12, Techplace II, Singapore, SGP, 569872
Website
https://www.mitech-ltd.com.sg
Manufacturing Integration Technology Ltd operates as an integrated automation solution provider for the semiconductor and solar industries. The firm operates in the built-to-print segment and is mainly engaged in contract equipment manufacturing activities. The customized automation segment is engaged in designing, developing, and manufacturing automated equipment. Majority of the revenue is generated from the built-to-print segment. Geographically, its business presence is seen across the region of China, Singapore, Europe, the USA, and Asia excluding China and Singapore.

Manufacturing Integration Technology Headlines

No Headlines