SATS (SPASF) Interest Expense : $0 Mil (TTM As of Dec. 2023)

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What is SATS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SATS's interest expense for the three months ended in Dec. 2023 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $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. SATS's Operating Income for the three months ended in Dec. 2023 was $ 0 Mil. SATS's Interest Expense for the three months ended in Dec. 2023 was $ 0 Mil. SATS has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

SATS Interest Expense Historical Data

The historical data trend for SATS'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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SATS Interest Expense Chart

SATS Annual Data

Trend

Mar14

Mar15

Mar16

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Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.60

-5.36

-15.28

-12.56

-13.90

SATS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

SATS 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 quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

SATS (OTCPK:SPASF) 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.

SATS's Interest Expense for the three months ended in Dec. 2023 was $0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0 Mil.

SATS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

SATS had no long-term debt ⁽¹⁾.

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

SATS (SPASF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SATS Ltd (OTCPK:SPASF) » Definitions » Interest Expense

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S58:Singapore W1J:Germany

Address

20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, SGP, 819659

Website

https://www.sats.com.sg

SATS Ltd is a Singapore-based provider of ground-handling and in-flight catering services for air transportation in Asia and Australia. Additionally, it offers food distribution and logistics, industrial catering, and other amenities for hospitality and government agencies. The company has three reportable segments: food solutions (segment by revenue), gateway services, and others. It has partnerships with multiple airlines to provide catering during flights and offers experience in planning airline menus, cabin upkeep, and washing laundry to improve airlines' appearance. Gateway services cover the gamut of procedures airports must handle for each passenger. Baggage, ramp handling, passenger services, and terminal management are all offered to customers.