Sheng Siong Group (SGX:OV8) Interest Expense : S$-4 Mil (TTM As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Sheng Siong Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sheng Siong Group's interest expense for the six months ended in Dec. 2023 was S$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-4 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. Sheng Siong Group's Operating Income for the six months ended in Dec. 2023 was S$ 81 Mil. Sheng Siong Group's Interest Expense for the six months ended in Dec. 2023 was S$ -1 Mil. Sheng Siong Group's Interest Coverage for the quarter that ended in Dec. 2023 was 54.24. 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.

Sheng Siong Group Interest Expense Historical Data

The historical data trend for Sheng Siong 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.

Sheng Siong Group Interest Expense Chart

Sheng Siong Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-2.01

-2.02

-2.36

-2.78

-3.52

Sheng Siong 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															-1.29	-1.47	-1.31	-2.02	-1.50

Sheng Siong 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$-4 Mil.

Sheng Siong Group (SGX:OV8) 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.

Sheng Siong Group's Interest Expense for the six months ended in Dec. 2023 was S$-1 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$81 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$67 Mil.

Sheng Siong 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	*	81.198	/	-1.497
	=	54.24

The higher the ratio, the stronger the company's financial strength is.

Sheng Siong Group (SGX:OV8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sheng Siong Group Ltd (SGX:OV8) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Mandai Link, Singapore, SGP, 728652

Website

https://www.shengsiong.com.sg

Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products; and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities. The Group operates in one segment which relates to the provision of supermarket supplies and supermarket operations. The Group's operations are mainly located in Singapore.

Sheng Siong Group (SGX:OV8) Headlines

No Headlines