Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Interest Expense : د.إ0.0 Mil (TTM As of Sep. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Ras Al Khaimah Co for White Cementnstruction Materials Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ras Al Khaimah Co for White Cementnstruction Materials's interest expense for the three months ended in Sep. 2023 was د.إ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was د.إ0.0 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. Ras Al Khaimah Co for White Cementnstruction Materials's Operating Income for the three months ended in Sep. 2023 was د.إ 1.8 Mil. Ras Al Khaimah Co for White Cementnstruction Materials's Interest Expense for the three months ended in Sep. 2023 was د.إ 0.0 Mil. Ras Al Khaimah Co for White Cementnstruction Materials has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ras Al Khaimah Co for White Cementnstruction Materials Interest Expense Historical Data

The historical data trend for Ras Al Khaimah Co for White Cementnstruction Materials'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.

Ras Al Khaimah Co for White Cementnstruction Materials Interest Expense Chart

Ras Al Khaimah Co for White Cementnstruction Materials Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-7.83

-5.91

-2.96

-1.57

-0.80

Ras Al Khaimah Co for White Cementnstruction Materials Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.15	-	-	-	-

Ras Al Khaimah Co for White Cementnstruction Materials 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ0.0 Mil.

Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) 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.

Ras Al Khaimah Co for White Cementnstruction Materials's Interest Expense for the three months ended in Sep. 2023 was د.إ0.0 Mil. Its Operating Income for the three months ended in Sep. 2023 was د.إ1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was د.إ0.0 Mil.

Ras Al Khaimah Co for White Cementnstruction Materials's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Ras Al Khaimah Co for White Cementnstruction Materials had no long-term debt ⁽¹⁾.

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

Good Sign:

Ras Al Khaimah Co for White Cement & Construction Materials has no debt.

Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ras Al Khaimah Co for White Cement & Construction Materials (ADX:RAKWCT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 1492, Ras Al Khaimah, ARE

Website

https://www.rakwhitecement.ae

Ras Al Khaimah Co for White Cement & Construction Materials is engaged in the production of cement, building materials, and lime. The principal activities of the company are to manufacture and supply white cement, lime, and cement products. The company operates through two business segments which include Manufacturing and Investments. The manufacturing segment refers to the manufacture and distribution of white cement. The investment segment consists of investments in marketable equity securities and deposits with banks.

Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Headlines

No Headlines