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Credit Bureau Asia (SGX:TCU) Interest Expense : S$-0.13 Mil (TTM As of Dec. 2023)


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What is Credit Bureau Asia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Credit Bureau Asia's interest expense for the six months ended in Dec. 2023 was S$ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-0.13 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. Credit Bureau Asia's Operating Income for the six months ended in Dec. 2023 was S$ 11.36 Mil. Credit Bureau Asia's Interest Expense for the six months ended in Dec. 2023 was S$ -0.06 Mil. Credit Bureau Asia's Interest Coverage for the quarter that ended in Dec. 2023 was 180.38. 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.


Credit Bureau Asia Interest Expense Historical Data

The historical data trend for Credit Bureau Asia'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.

Credit Bureau Asia Interest Expense Chart

Credit Bureau Asia Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.28 -0.20 -0.15 -0.20 -0.13

Credit Bureau Asia Semi-Annual Data
Dec17 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 -0.07 -0.11 -0.09 -0.07 -0.06

Credit Bureau Asia 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$-0.13 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.


Credit Bureau Asia  (SGX:TCU) 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.

Credit Bureau Asia's Interest Expense for the six months ended in Dec. 2023 was S$-0.06 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$11.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$1.35 Mil.

Credit Bureau Asia'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*11.364/-0.063
=180.38

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Credit Bureau Asia Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Credit Bureau Asia (SGX:TCU) Business Description

Traded in Other Exchanges
N/A
Address
6 Shenton Way, No. 17-10 OUE Downtown 2, Singapore, SGP, 068809
Credit Bureau Asia Ltd is a provider of credit and risk information solutions in Southeast Asia. The company provides credit and risk information solutions to a client base of banks, financial institutions, multinational corporations, telecommunication companies, government bodies and public agencies, local enterprises, and individuals across Singapore, Malaysia, Cambodia, and Myanmar (the Territories). It assists its customers to make informed, timely decisions by enhancing their risk assessment and decision-making processes with the help of products and services which include credit and risk information reports, credit scores, monitoring services, data trends and analytics, and client-specific tailored solutions.

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