STBXF (Starbox Group Holdings) Interest Expense: $-0.05 Mil (TTM As of Sep. 2024)


What is Starbox Group Holdings Interest Expense?

Starbox Group Holdings STBXF Interest Expense is $-0.05 Mil as of Sep. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Starbox Group Holdings's interest expense for the six months ended in Sep. 2024 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.05 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. Starbox Group Holdings's Operating Income for the six months ended in Sep. 2024 was $ -77.79 Mil. Starbox Group Holdings's Interest Expense for the six months ended in Sep. 2024 was $ -0.03 Mil. Starbox Group Holdings 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.

Starbox Group Holdings  (OTCPK:STBXF) 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.

Starbox Group Holdings's Interest Expense for the six months ended in Sep. 2024 was $-0.03 Mil. Its Operating Income for the six months ended in Sep. 2024 was $-77.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was $2.39 Mil.

Starbox Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Starbox Group Holdings 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.

Starbox Group Holdings Interest Expense Historical Data

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The historical data trend for Starbox Group 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.

Starbox Group Holdings Interest Expense Chart

Starbox Group Holdings Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Interest Expense
0.00 0.00 0.00 0.00 -0.05

Starbox Group Holdings Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only 0.00 0.00 -0.01 -0.02 -0.03

Starbox Group 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.05 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.05 Mil mean?
Starbox Group Holdings (STBXF) has a Interest Expense of $-0.05 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Starbox Group Holdings and its competitors.
Is Starbox Group Holdings' Interest Expense too high?
Starbox Group Holdings' current Interest Expense is $-0.05 Mil.
How does Starbox Group Holdings' Interest Expense compare to QTTOY and GOOGL?
Starbox Group Holdings' Interest Expense of $-0.05 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Interactive Media company?
A good Interest Expense depends on the Interactive Media industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Starbox Group Holdings and its competitors. Starbox Group Holdings's current Interest Expense is $-0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbox Group Holdings stock overvalued right now?
Starbox Group Holdings (STBXF) has a current Interest Expense of $-0.05 Mil. The current Interest Expense is $-0.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Starbox Group Holdings (STBXF), the current Interest Expense is $-0.05 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Starbox Group Holdings Business Description

Address VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, Kuala Lumpur, SGR, MYS, 55100
Starbox Group Holdings Ltd engages in developing cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises. Through the firm's subsidiaries in Malaysia, it connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants, provide digital advertising services to advertisers, and provide payment solution services to merchants. Substantially all of its current operations are located in Malaysia. Its operating segments include software licensing, which derives maximum income from software development services, advertising services, cash rebate, and payment solution and media booking services, advertisement production income, and promotional campaign services.