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Oiltek International (SGX:HQU) Interest Expense : S$0.00 Mil (TTM As of Dec. 2023)


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What is Oiltek International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oiltek International's interest expense for the six months ended in Dec. 2023 was S$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$0.00 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. Oiltek International's Operating Income for the six months ended in Dec. 2023 was S$ 4.85 Mil. Oiltek International's Interest Expense for the six months ended in Dec. 2023 was S$ 0.00 Mil. Oiltek International 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.


Oiltek International Interest Expense Historical Data

The historical data trend for Oiltek International'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.

Oiltek International Interest Expense Chart

Oiltek International Annual Data
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Interest Expense
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Oiltek International Semi-Annual Data
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Oiltek International 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$0.00 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.


Oiltek International  (SGX:HQU) 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.

Oiltek International's Interest Expense for the six months ended in Dec. 2023 was S$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$4.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$0.00 Mil.

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

Oiltek International had no long-term debt (1).

* 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:

Oiltek International Ltd has no debt.


Oiltek International (SGX:HQU) Business Description

Traded in Other Exchanges
N/A
Address
Kawasan MIEL Phase 10, Lot 6, Jalan Pasaran 23/5, Section 23, Selangor Darul Ehsan, Shah Alam, SGR, MYS, 40300
Oiltek International Ltd is an integrated process technology and renewable energy solutions provider in the vegetable oils industry. It is engaged in the supply and provision of engineering design and commissioning of oil extraction equipment and plant. The company provides solutions that cater to all types of vegetable oils, including palm oil, soybean oil, and rapeseed oil, which are some of the major agricultural commodities in the world.

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