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Design Capital (HKSE:01545) Interest Expense : HK$-4.4 Mil (TTM As of Dec. 2023)


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What is Design Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Design Capital's interest expense for the six months ended in Dec. 2023 was HK$ -2.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-4.4 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. Design Capital's Operating Income for the six months ended in Dec. 2023 was HK$ 19.1 Mil. Design Capital's Interest Expense for the six months ended in Dec. 2023 was HK$ -2.1 Mil. Design Capital's Interest Coverage for the quarter that ended in Dec. 2023 was 9.01. 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.

Design Capital Interest Expense Historical Data

The historical data trend for Design Capital'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.

Design Capital Interest Expense Chart

Design Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.31 -4.29 -4.70 -5.01 -4.43

Design Capital Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -2.44 -2.43 -2.55 -2.30 -2.12

Design Capital 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 HK$-4.4 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.

Design Capital  (HKSE:01545) 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.

Design Capital's Interest Expense for the six months ended in Dec. 2023 was HK$-2.1 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$19.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$64.4 Mil.

Design Capital'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*19.066/-2.116
=9.01

* 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.

Design Capital (HKSE:01545) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Design Capital Ltd (HKSE:01545) » Definitions » Interest Expense
Comparable Companies
HKSE:08473 HKSE:00915 HKSE:00104 HKSE:00653 HKSE:08536 HKSE:01711 HKSE:00814 HKSE:01759 HKSE:02122 HKSE:01280 ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY
Traded in Other Exchanges
N/A
Address
130 Joo Seng Road, No. 07-05, Singapore, SGP, 368357
Website
https://www.designcapital.sg
Design Capital Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the segments of Interior design, Furniture sales, U.S. furniture sales, and corporate. Furniture sales include both furniture sales and project sales and U.S. furniture sales. It derives prime revenue from the U.S. furniture sales segment which represents online sales of furniture in the U.S. market. Geographically the group has a business presence in the U.S., Singapore, Malaysia, and Brunei.
Executives
Beh Pur-lin Elaine
Goon Eu Jin Terence
Nobel Design International Limited
Tan Thiam Siew
Wee Ai Quey
Kho Chuan Thye Patrick
Sng Su Ying Marian
Kho Choon Keng
Lian Huat Group Pte. Ltd.
Lian Keng Enterprises Pte Ltd
Southern Cross Holdings Pte. Ltd.
Yuen Woon Siew Marilyn

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