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Asia Strategic Holdings (LSE:ASIA) Interest Expense : $-0.98 Mil (TTM As of Sep. 2023)


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What is Asia Strategic Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia Strategic Holdings's interest expense for the six months ended in Sep. 2023 was $ -0.54 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.98 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. Asia Strategic Holdings's Operating Income for the six months ended in Sep. 2023 was $ -2.88 Mil. Asia Strategic Holdings's Interest Expense for the six months ended in Sep. 2023 was $ -0.54 Mil. Asia Strategic 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.


Asia Strategic Holdings Interest Expense Historical Data

The historical data trend for Asia Strategic 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.

Asia Strategic Holdings Interest Expense Chart

Asia Strategic Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial -0.14 - -1.00 -0.86 -0.98

Asia Strategic Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only -0.55 -0.43 -0.43 -0.44 -0.54

Asia Strategic 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.98 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.


Asia Strategic Holdings  (LSE:ASIA) 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.

Asia Strategic Holdings's Interest Expense for the six months ended in Sep. 2023 was $-0.54 Mil. Its Operating Income for the six months ended in Sep. 2023 was $-2.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $12.45 Mil.

Asia Strategic Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Asia Strategic 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.


Asia Strategic Holdings (LSE:ASIA) Business Description

Traded in Other Exchanges
N/A
Address
80 Raffles Place, No. 32-01, UOB Plaza 1, Singapore, SGP, 048624
Asia Strategic Holdings Ltd is an investment-based company. The company's operating segments are Education; Services and Others. It generates maximum revenue from the Education segment. Education segment includes operation of education businesses ranging from early years to tertiary education and including vocational training, consultancy, advisory and project management services in the education sector in Myanmar and in Vietnam. Geographically, it derives a majority of revenue from Myanmar.

Asia Strategic Holdings (LSE:ASIA) Headlines