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Yangzijiang Financial Holding (SGX:YF8) Interest Expense : S$-0.5 Mil (TTM As of Dec. 2023)


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What is Yangzijiang Financial Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yangzijiang Financial Holding's interest expense for the six months ended in Dec. 2023 was S$ 0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-0.5 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. Yangzijiang Financial Holding's Operating Income for the six months ended in Dec. 2023 was S$ 112.9 Mil. Yangzijiang Financial Holding's Interest Expense for the six months ended in Dec. 2023 was S$ 0.1 Mil. Yangzijiang Financial Holding 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.


Yangzijiang Financial Holding Interest Expense Historical Data

The historical data trend for Yangzijiang Financial Holding'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.

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Yangzijiang Financial Holding Interest Expense Chart

Yangzijiang Financial Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
- - - -0.19 -0.50

Yangzijiang Financial Holding Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial - - -0.19 -0.63 0.13

Yangzijiang Financial Holding 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$-0.5 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.


Yangzijiang Financial Holding  (SGX:YF8) 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.

Yangzijiang Financial Holding's Interest Expense for the six months ended in Dec. 2023 was S$0.1 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$112.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$0.4 Mil.

Yangzijiang Financial Holding's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yangzijiang Financial Holding Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Yangzijiang Financial Holding (SGX:YF8) Business Description

Traded in Other Exchanges
Address
9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619
Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

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