Acesian Partners (SGX:5FW) Interest Expense : S$-0.03 Mil (TTM As of Dec. 2023)

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What is Acesian Partners Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acesian Partners'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$-0.03 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. Acesian Partners's Operating Income for the six months ended in Dec. 2023 was S$ 2.27 Mil. Acesian Partners's Interest Expense for the six months ended in Dec. 2023 was S$ -0.02 Mil. Acesian Partners's Interest Coverage for the quarter that ended in Dec. 2023 was 94.71. 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.

Acesian Partners Interest Expense Historical Data

The historical data trend for Acesian Partners'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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Acesian Partners Interest Expense Chart

Acesian Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.06

-0.05

-0.03

Acesian Partners Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.02	-0.01	-0.01	-0.02

Acesian Partners 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$-0.03 Mil.

Acesian Partners (SGX:5FW) 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.

Acesian Partners'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$2.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$0.81 Mil.

Acesian Partners'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	*	2.273	/	-0.024
	=	94.71

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. Acesian Partners Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Acesian Partners (SGX:5FW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Acesian Partners Ltd (SGX:5FW) » Definitions » Interest Expense

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Address

33 Mactaggart Road, No. 04-00, Lee Kay Huan Building, Singapore, SGP, 368082

Website

http://www.acesian.com

Acesian Partners Ltd provides environmental solutions and integrated services to various industries including semiconductor, wastewater treatment, chemical, pharmaceutical and biotechnological industries. Its segments include Manufacturing, distribution and services, Engineering Services, and Corporate. The company provides building services and engineering solutions such as designing, installing, testing and commissioning of Air-Conditioning and Mechanical Ventilation and Electrical Systems. It manufactures Ethylene Tetrafluoroethylene coated stainless steel ducts, Uncoated stainless-steel ducts, and galvanized ducts which will be integrated with third-party equipment such as fume hoods, scrubbers and fans and specialized exhaust system components.

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