Far East Orchard (SGX:O10) Interest Expense : S$-32.0 Mil (TTM As of Jun. 2023)

View and export this data going back to 1968. Start your Free Trial

What is Far East Orchard Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Far East Orchard's interest expense for the six months ended in Jun. 2023 was S$ -18.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was S$-32.0 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. Far East Orchard's Operating Income for the six months ended in Jun. 2023 was S$ 23.9 Mil. Far East Orchard's Interest Expense for the six months ended in Jun. 2023 was S$ -18.5 Mil. Far East Orchard's Interest Coverage for the quarter that ended in Jun. 2023 was 1.29. 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.

Far East Orchard Interest Expense Historical Data

The historical data trend for Far East Orchard'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.

Far East Orchard Interest Expense Chart

Far East Orchard Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-5.19

-16.87

-16.97

-16.69

-22.59

Far East Orchard Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-8.18	-8.51	-9.07	-13.52	-18.53

Far East Orchard 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-32.0 Mil.

Far East Orchard (SGX:O10) 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.

Far East Orchard's Interest Expense for the six months ended in Jun. 2023 was S$-18.5 Mil. Its Operating Income for the six months ended in Jun. 2023 was S$23.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was S$452.6 Mil.

Far East Orchard's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	23.896	/	-18.528
	=	1.29

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Far East Orchard Ltd interest coverage is 1.19, which is low.

Far East Orchard (SGX:O10) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Far East Orchard Ltd (SGX:O10) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Tanglin Road No. 05-01, Orchard Rendezvous Hotel, Singapore, SGP, 247905

Website

https://www.fareastorchard.com.sg

Far East Orchard Ltd is a property development and investment company. It has structured its operations into two business segments - Hospitality and Property. The group operates its Hospitality business across three segments which include management services, operations, and property ownership. The group manages its Property business across two segments - property development and investment. The majority of its revenue is derived from the Hospitality business. The group's business segments operate in five main geographical areas: Singapore, Australia, New Zealand, the United Kingdom, and other countries. Geographically the company receives maximum revenue from Singapore.

Far East Orchard (SGX:O10) Headlines

No Headlines