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First Finance Co (AMM:FFCO) Interest Expense : JOD0.00 Mil (TTM As of Mar. 2024)


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What is First Finance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Finance Co's interest expense for the three months ended in Mar. 2024 was JOD 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was JOD0.00 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. First Finance Co's Operating Income for the three months ended in Mar. 2024 was JOD 0.23 Mil. First Finance Co's Interest Expense for the three months ended in Mar. 2024 was JOD 0.00 Mil. GuruFocus does not calculate First Finance Co's interest coverage with the available data. 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.


First Finance Co Interest Expense Historical Data

The historical data trend for First Finance Co'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.

First Finance Co Interest Expense Chart

First Finance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.02 -0.02 -0.02 -0.02

First Finance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -0.01 - - - -

First Finance Co 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 JOD0.00 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.


First Finance Co  (AMM:FFCO) 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.

First Finance Co's Interest Expense for the three months ended in Mar. 2024 was JOD0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was JOD0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was JOD0.52 Mil.

First Finance Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate First Finance Co's interest coverage with the available data.

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. First Finance Co has enough cash to cover all of its debt. Its financial situation is stable.


First Finance Co (AMM:FFCO) Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah II street, Building no. 172, Khalda, P.O. Box 144596, Amman, JOR, 11814
First Finance Co finances in various forms including direct financing of consumer goods and durables; real estate financing; finance small and medium projects; financing of stock and working capital. It offers automobile and vehicle finance for new and used cars, motorcycles, and boats and marine equipment; and real estate finance for building houses, construction materials, finishing works, maintenance and installation works, decoration works, and swimming pool construction. The company also invests in financial instruments.

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