Al Ansari Financial Services (DFM:ALANSARI) Interest Expense : د.إ-10 Mil (TTM As of Mar. 2024)

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What is Al Ansari Financial Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al Ansari Financial Services's interest expense for the three months ended in Mar. 2024 was د.إ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ-10 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. Al Ansari Financial Services's Operating Income for the three months ended in Mar. 2024 was د.إ 100 Mil. Al Ansari Financial Services's Interest Expense for the three months ended in Mar. 2024 was د.إ -2 Mil. Al Ansari Financial Services's Interest Coverage for the quarter that ended in Mar. 2024 was 45.99. 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.

Al Ansari Financial Services Interest Expense Historical Data

The historical data trend for Al Ansari Financial Services'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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Al Ansari Financial Services Interest Expense Chart

Al Ansari Financial Services Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-3.13

-2.21

-1.68

-2.31

-13.33

Al Ansari Financial Services Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-5.09	-2.53	-1.68	-4.03	-2.18

Al Ansari Financial Services 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 د.إ-10 Mil.

Al Ansari Financial Services (DFM:ALANSARI) 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.

Al Ansari Financial Services's Interest Expense for the three months ended in Mar. 2024 was د.إ-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was د.إ100 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was د.إ42 Mil.

Al Ansari Financial Services's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	100.175	/	-2.178
	=	45.99

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

Al Ansari Financial Services (DFM:ALANSARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ansari Financial Services (DFM:ALANSARI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE

Website

https://www.aafs.ae

Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

Al Ansari Financial Services (DFM:ALANSARI) Headlines

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