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Debao Property Development (SGX:BTF) Interest Expense : S$-16.86 Mil (TTM As of Mar. 2024)


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What is Debao Property Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Debao Property Development's interest expense for the three months ended in Mar. 2024 was S$ -5.65 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was S$-16.86 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. Debao Property Development's Operating Income for the three months ended in Mar. 2024 was S$ 0.79 Mil. Debao Property Development's Interest Expense for the three months ended in Mar. 2024 was S$ -5.65 Mil. Debao Property Development's Interest Coverage for the quarter that ended in Mar. 2024 was 0.14. 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.


Debao Property Development Interest Expense Historical Data

The historical data trend for Debao Property Development'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.

Debao Property Development Interest Expense Chart

Debao Property Development Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.52 -31.57 -36.88 -35.07 -42.49

Debao Property Development Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.64 -5.49 -5.55 -5.66 -5.65

Debao Property Development 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was S$-16.86 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.


Debao Property Development  (SGX:BTF) 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.

Debao Property Development's Interest Expense for the three months ended in Mar. 2024 was S$-5.65 Mil. Its Operating Income for the three months ended in Mar. 2024 was S$0.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was S$49.41 Mil.

Debao Property Development's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.787/-5.649
=0.14

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Debao Property Development Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Debao Property Development (SGX:BTF) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Ground Floor, 39 Nanyi Road, Guicheng, Jiangnan Mingju Xi Yua, Nanhai District, Guangdong province, Foshan, CHN, 528200
Debao Property Development Ltd operates as a real estate development company. It is engaged in the development and construction of real estate properties. The company operates through four segments: Property development, Construction contract, Property investment, and Sale of Investment Properties. Its Property development segment is engaged in the development of residential, commercial and other properties. The company's Construction contract segment is engaged in building structural projects and interior works. The company is an integrated property developer of residential properties and commercial properties in China.

Debao Property Development (SGX:BTF) Headlines

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