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V2Y (SGX:V2Y) Interest Expense : S$-0.04 Mil (TTM As of Mar. 2025)


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What is V2Y Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. V2Y's interest expense for the three months ended in Mar. 2025 was S$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 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. V2Y's Operating Income for the three months ended in Mar. 2025 was S$ -0.17 Mil. V2Y's Interest Expense for the three months ended in Mar. 2025 was S$ -0.02 Mil. V2Y 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.


V2Y Interest Expense Historical Data

The historical data trend for V2Y'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.

V2Y Interest Expense Chart

V2Y 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 -0.01 -0.01 -0.01 -0.01 -0.03

V2Y Quarterly Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - -0.02 -0.02

V2Y 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 Mar. 2025 adds up the quarterly 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.


V2Y  (SGX:V2Y) 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.

V2Y's Interest Expense for the three months ended in Mar. 2025 was S$-0.02 Mil. Its Operating Income for the three months ended in Mar. 2025 was S$-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was S$0.41 Mil.

V2Y's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

V2Y 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.


V2Y Business Description

Traded in Other Exchanges
N/A
Address
40 Jalan Pemimpin, No. 03-12, B9, Singapore, SGP, 577185
V2Y Corp Ltd is a Singapore-based company with its principal activity being investment holding. The company has two reportable operating segments: Insurtech and Investment holding. Insurtech provides third-party administration and value-added services to brand partners in the computer, communication, and consumer electronics sector. It manages and executes their extended warranty and accidental damage protection programs. Investment holding pertains to the activities of an investment holding company. The majority of the company's revenue is generated by its Insurtech segment, and it operates mainly in Singapore.

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