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SPHL (Springview Holdings) Interest Expense : $-0.08 Mil (TTM As of Jun. 2024)


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What is Springview Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Springview Holdings's interest expense for the six months ended in Jun. 2024 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.08 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. Springview Holdings's Operating Income for the six months ended in Jun. 2024 was $ 0.28 Mil. Springview Holdings's Interest Expense for the six months ended in Jun. 2024 was $ -0.04 Mil. Springview Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 6.98. 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.

Springview Holdings Interest Expense Historical Data

The historical data trend for Springview 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.

Springview Holdings Interest Expense Chart

Springview Holdings Annual Data
Trend Dec22 Dec23
Interest Expense
-0.03 -0.06

Springview Holdings Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense -0.02 -0.02 -0.02 -0.04 -0.04

Springview 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.08 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.

Springview Holdings  (NAS:SPHL) 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.

Springview Holdings's Interest Expense for the six months ended in Jun. 2024 was $-0.04 Mil. Its Operating Income for the six months ended in Jun. 2024 was $0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $0.63 Mil.

Springview Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*0.279/-0.04
=6.98

* 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.

Springview Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Springview Holdings Ltd (NAS:SPHL) » Definitions » Interest Expense
Comparable Companies
DREM DHI LEN NVR PHM TSE:1928 TOL LSE:BTRW TSE:1911 TMHC SKY MTH LSE:TW. LSE:PSN IBP LSE:BKG TSE:3291 KBH CVCO LSE:BWY
Traded in Other Exchanges
N/A
Address
203 Henderson Road, No.06-01, Henderson Industrial Park, Singapore, SGP, 159546
Website
https://www.springviewggl.com
Springview Holdings Ltd is a company that conducts its operations through its indirect wholly-owned subsidiary which designs and constructs residential and commercial buildings in Singapore. It also provides four main types of works which includes new construction, reconstruction, Additions and Alterations (A&A), and other general contracting services such as renovation and design consultation.

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