Travelite Holdings (SGX:BCZ) Interest Expense : S$-1.42 Mil (TTM As of Sep. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Travelite Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Travelite Holdings's interest expense for the six months ended in Sep. 2023 was S$ -0.76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was S$-1.42 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. Travelite Holdings's Operating Income for the six months ended in Sep. 2023 was S$ 1.92 Mil. Travelite Holdings's Interest Expense for the six months ended in Sep. 2023 was S$ -0.76 Mil. Travelite Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 2.52. 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.

Travelite Holdings Interest Expense Historical Data

The historical data trend for Travelite Holdings'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.

Travelite Holdings Interest Expense Chart

Travelite Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-0.69

-1.13

-0.87

-0.82

-1.11

Travelite Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.40	-0.43	-0.45	-0.65	-0.76

Travelite Holdings 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-1.42 Mil.

Travelite Holdings (SGX:BCZ) 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.

Travelite Holdings's Interest Expense for the six months ended in Sep. 2023 was S$-0.76 Mil. Its Operating Income for the six months ended in Sep. 2023 was S$1.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was S$19.92 Mil.

Travelite Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	1.922	/	-0.763
	=	2.52

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. Travelite Holdings Ltd interest coverage is 2.46, which is low.

Travelite Holdings (SGX:BCZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Travelite Holdings Ltd (SGX:BCZ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

53 Ubi Avenue 3, Travelite Building, Singapore, SGP, 408863

Website

https://www.etravelite.com

Travelite Holdings Ltd markets, sell and distribute a wide range of merchandise through different distribution channels catering mainly to the travel, business, and lifestyle needs of consumers. The company's merchandise is categorized as Bags and Travel Essentials organized into travel, business, and urban lifestyle range. It carries a comprehensive range of luggage and travel bags which include trolley luggage, garments including menswear, ladies' fashion, and other travel-related accessories; and other travel bags available in both hard and soft form which can be hand-carried or checked-in for air travel. Business range bags include a pilot case, document bag, laptop computer bag, or backpack with a padded laptop computer and organizer compartment.

Travelite Holdings (SGX:BCZ) Headlines

No Headlines