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Tuan Sing Holdings (SGX:T24) Interest Expense : S$-62.8 Mil (TTM As of Dec. 2023)


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What is Tuan Sing Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tuan Sing Holdings's interest expense for the six months ended in Dec. 2023 was S$ -30.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-62.8 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. Tuan Sing Holdings's Operating Income for the six months ended in Dec. 2023 was S$ 10.3 Mil. Tuan Sing Holdings's Interest Expense for the six months ended in Dec. 2023 was S$ -30.3 Mil. Tuan Sing Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 0.34. 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.


Tuan Sing Holdings Interest Expense Historical Data

The historical data trend for Tuan Sing 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.

Tuan Sing Holdings Interest Expense Chart

Tuan Sing Holdings 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 -55.46 -42.89 -34.44 -46.72 -62.82

Tuan Sing Holdings 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 -10.32 -20.66 -26.06 -32.48 -30.34

Tuan Sing 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-62.8 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.


Tuan Sing Holdings  (SGX:T24) 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.

Tuan Sing Holdings's Interest Expense for the six months ended in Dec. 2023 was S$-30.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$10.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$827.6 Mil.

Tuan Sing Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*10.28/-30.338
=0.34

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Tuan Sing Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Tuan Sing Holdings (SGX:T24) Business Description

Traded in Other Exchanges
N/A
Address
9 Oxley Rise, No.03-02 The Oxley, Singapore, SGP, 238697
Tuan Sing Holdings Ltd is a regional investment holding company with interests mainly in real estate investment, real estate development, and hospitality. The operating segments of the group are Real Estate Investment; Real Estate Development; Hospitality; Industrial Services and Other Investments. It derives key revenue from the Real estate development segment which involves the property development and provision of construction management services in Singapore and Indonesia. The group has a business presence in Singapore, Australia, China, Malaysia, and Indonesia.

Tuan Sing Holdings (SGX:T24) Headlines

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