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Ghadir Investment Co (XTEH:GDIR1) Interest Expense : IRR-11,843,959 Mil (TTM As of Dec. 2018)


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What is Ghadir Investment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ghadir Investment Co's interest expense for the six months ended in Dec. 2018 was IRR -11,843,959 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was IRR-11,843,959 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. Ghadir Investment Co's Operating Income for the six months ended in Dec. 2018 was IRR 77,630,661 Mil. Ghadir Investment Co's Interest Expense for the six months ended in Dec. 2018 was IRR -11,843,959 Mil. Ghadir Investment Co's Interest Coverage for the quarter that ended in Dec. 2018 was 6.55. 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.


Ghadir Investment Co Interest Expense Historical Data

The historical data trend for Ghadir Investment 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.

Ghadir Investment Co Interest Expense Chart

Ghadir Investment Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial -5,909,842.00 -6,601,094.00 -10,378,490.00 -13,188,425.00 -11,843,959.00

Ghadir Investment Co Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense Get a 7-Day Free Trial -5,909,842.00 -6,601,094.00 -10,378,490.00 -13,188,425.00 -11,843,959.00

Ghadir Investment Co Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2018 was IRR-11,843,959 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.


Ghadir Investment Co  (XTEH:GDIR1) 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.

Ghadir Investment Co's Interest Expense for the six months ended in Dec. 2018 was IRR-11,843,959 Mil. Its Operating Income for the six months ended in Dec. 2018 was IRR77,630,661 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2018 was IRR58,400,902 Mil.

Ghadir Investment Co's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2018 )/Interest Expense (Q: Dec. 2018 )
=-1*77630661/-11843959
=6.55

* 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.


Ghadir Investment Co (XTEH:GDIR1) Business Description

Traded in Other Exchanges
N/A
Address
No. 347 West Mirdamad, Tehran, IRN
Ghadir Investment Co is a holding company based in Iran. The company through its subsidiaries concentrates on investments and attracting investments into various businesses and project across the construction, cement, transportation, petrochemicals and power industry.

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