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Kuwait Projects Co Holding KSC (KUW:KPROJ) Interest Expense : KWD-482.3 Mil (TTM As of Mar. 2024)


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What is Kuwait Projects Co Holding KSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kuwait Projects Co Holding KSC's interest expense for the three months ended in Mar. 2024 was KWD -147.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD-482.3 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. Kuwait Projects Co Holding KSC's Operating Income for the three months ended in Mar. 2024 was KWD Mil. Kuwait Projects Co Holding KSC's Interest Expense for the three months ended in Mar. 2024 was KWD Mil. 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.


Kuwait Projects Co Holding KSC Interest Expense Historical Data

The historical data trend for Kuwait Projects Co Holding KSC'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.

Kuwait Projects Co Holding KSC Interest Expense Chart

Kuwait Projects Co Holding KSC 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 -289.36 -229.15 -210.12 -274.05 -442.59

Kuwait Projects Co Holding KSC 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 -108.09 -102.54 -119.18 -112.78 -147.77

Kuwait Projects Co Holding KSC 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 KWD-482.3 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.


Kuwait Projects Co Holding KSC (KUW:KPROJ) Business Description

Traded in Other Exchanges
N/A
Address
KIPCO Tower, Khalid Bin Al Waleed Street, Sharq, P.O. Box 23982, Safat, Kuwait City, KWT, 13100
Kuwait Projects Co Holding KSC is an investment holding company operating in a sector such as financial services, manufacturing, and real estate. The business activity of the firm functions through various segments which include Commercial Banking, Asset Management, Investment Banking, Insurance, Media & Satellite Services, Industrial, Hospitality and Real Estate, and others. It generates maximum revenue from the Commercial banking segment. Geographic areas of operation include Kuwait, the Rest of GCC, the Rest of the Middle East and North Africa, North America and Europe.

Kuwait Projects Co Holding KSC (KUW:KPROJ) Headlines

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