Ever Glory United Holdings (SGX:ZKX) Interest Expense : S$-0.04 Mil (TTM As of Dec. 2023)

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What is Ever Glory United Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ever Glory United Holdings's interest expense for the six months ended in Dec. 2023 was S$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Ever Glory United Holdings's Operating Income for the six months ended in Dec. 2023 was S$ 2.10 Mil. Ever Glory United Holdings's Interest Expense for the six months ended in Dec. 2023 was S$ -0.02 Mil. Ever Glory United Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 100.10. 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.

Ever Glory United Holdings Interest Expense Historical Data

The historical data trend for Ever Glory United 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.

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Ever Glory United Holdings Interest Expense Chart

Ever Glory United Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.01

-0.02

-0.03

-0.04

Ever Glory United Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-	-0.01	-0.02	-0.02	-0.02

Ever Glory United 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$-0.04 Mil.

Ever Glory United Holdings (SGX:ZKX) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ever Glory United Holdings's Interest Expense for the six months ended in Dec. 2023 was S$-0.02 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$2.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$0.47 Mil.

Ever Glory United 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	*	2.102	/	-0.021
	=	100.10

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. Ever Glory United Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Ever Glory United Holdings (SGX:ZKX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ever Glory United Holdings Ltd (SGX:ZKX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Little Road, No. 03-01 CRF Building, Singapore, SGP, 536982

Website

Ever Glory United Holdings Ltd is a Singapore-based M&E engineering service provider specializing in providing a wide range of M&E engineering services. Its services involve projects in both public and private sectors, such as the development or redevelopment of HDB residential flats, private residential properties, private schools, mixed-use properties, commercial buildings, or industrial buildings. It provides M&E engineering services as either an NSC or a DSC. The company specializes in the following areas of M&E engineering services: ACMV systems; electrical engineering systems; FP systems; PSG systems; and IBS.

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