DigiAsia (DigiAsia) Interest Expense : $ Mil (TTM As of Dec. 2022)

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What is DigiAsia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DigiAsia's interest expense for the six months ended in Dec. 2022 was $ -1.01 Mil. DigiAsia does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. DigiAsia's Operating Income for the six months ended in Dec. 2022 was $ -6.87 Mil. DigiAsia's Interest Expense for the six months ended in Dec. 2022 was $ -1.01 Mil. DigiAsia did not have earnings to cover the interest expense. 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.

DigiAsia Interest Expense Historical Data

The historical data trend for DigiAsia'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.

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DigiAsia Interest Expense Chart

DigiAsia Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.33

-1.01

DigiAsia Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Expense	-0.33	-1.01	-

DigiAsia Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

DigiAsia (NAS:FAAS) 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.

DigiAsia's Interest Expense for the six months ended in Dec. 2022 was $-1.01 Mil. Its Operating Income for the six months ended in Dec. 2022 was $-6.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was $5.02 Mil.

DigiAsia's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

DigiAsia did not have earnings to cover the interest expense.

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

DigiAsia (DigiAsia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DigiAsia Corp (NAS:FAAS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Raffles Place, No. 28-02, Singapore, SGP, 048616

Website

https://www.digiasia.asia

DigiAsia Bios Pte Ltd operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a leading fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.