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Nanofilm Technologies International (SGX:MZH) Interest Expense : S$-1.9 Mil (TTM As of Dec. 2023)


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What is Nanofilm Technologies International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nanofilm Technologies International's interest expense for the six months ended in Dec. 2023 was S$ -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-1.9 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. Nanofilm Technologies International's Operating Income for the six months ended in Dec. 2023 was S$ 10.3 Mil. Nanofilm Technologies International's Interest Expense for the six months ended in Dec. 2023 was S$ -1.0 Mil. Nanofilm Technologies International's Interest Coverage for the quarter that ended in Dec. 2023 was 10.85. 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.

Nanofilm Technologies International Interest Expense Historical Data

The historical data trend for Nanofilm Technologies 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.

Nanofilm Technologies International Interest Expense Chart

Nanofilm Technologies International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.38 -1.57 -0.70 -1.22 -1.90

Nanofilm Technologies International Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.30 -0.49 -0.73 -0.95 -0.95

Nanofilm Technologies 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$-1.9 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.

Nanofilm Technologies International  (SGX:MZH) 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.

Nanofilm Technologies International's Interest Expense for the six months ended in Dec. 2023 was S$-1.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$10.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$97.2 Mil.

Nanofilm Technologies International'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*10.318/-0.951
=10.85

* 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.

Nanofilm Technologies International (SGX:MZH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanofilm Technologies International Ltd (SGX:MZH) » Definitions » Interest Expense
Comparable Companies
SGX:8AZ SGX:E28 SGX:BN2 SGX:BDA SGX:41F SGX:CYW SGX:J03 APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL TSE:6762 SZSE:002179 FLEX
Traded in Other Exchanges
N/A
Address
11 Tai Seng Drive, Singapore, SGP, 535226
Website
https://www.nti-nanofilm.com
Nanofilm Technologies International Ltd is a provider of nanotechnology solutions in Asia. Its solutions serve as key catalysts enabling customers to achieve high value-add advancements in their end-products in an environmentally sustainable manner. The company operates in three segments: advanced materials BU, Nanofabrication BU, Sydrogen BU and Industrial equipment BU . The majority of its revenue comes from the advanced materials BU segment, which provides advanced materials through surface solution services based on its vacuum coating technologies and processes. Geographically, the company generates revenue from Singapore, Japan, Vietnam and China being the majority revenue generator.

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