First Sponsor Group (SGX:ADN) Interest Expense : S$-76.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is First Sponsor Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Sponsor Group's interest expense for the six months ended in Dec. 2023 was S$ -42.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-76.5 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. First Sponsor Group's Operating Income for the six months ended in Dec. 2023 was S$ 27.0 Mil. First Sponsor Group's Interest Expense for the six months ended in Dec. 2023 was S$ -42.2 Mil. First Sponsor Group's Interest Coverage for the quarter that ended in Dec. 2023 was 0.64. 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.

First Sponsor Group Interest Expense Historical Data

The historical data trend for First Sponsor Group'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.

First Sponsor Group Interest Expense Chart

First Sponsor Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-18.39

-22.42

-28.41

-45.09

-76.46

First Sponsor Group 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															-14.44	-21.47	-23.62	-34.29	-42.17

First Sponsor Group 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$-76.5 Mil.

First Sponsor Group (SGX:ADN) 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.

First Sponsor Group's Interest Expense for the six months ended in Dec. 2023 was S$-42.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$27.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$1,097.1 Mil.

First Sponsor Group'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	*	27.004	/	-42.165
	=	0.64

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. First Sponsor Group Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

First Sponsor Group (SGX:ADN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Sponsor Group Ltd (SGX:ADN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Lorong Telok, Singapore, SGP, 049031

Website

https://www.1st-sponsor.com.sg

First Sponsor Group Ltd is an investment holding company in Singapore. The principal activities of the company are those relating to investment holding, property development and sales, property investment, hotel ownership and operations and provision of property financing services. The Hotel operations segment- Property development segment which includes residential and commercial property developments in the PRC, specifically Chengdu, Dongguan and Guangzhou; Property holding segment which includes hotel ownership and operations as well as investment properties held for rental income; Property financing segment which includes Loan arrangements. The firm operates in Europe and China, out of which the majority of the revenue is generated from China.