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Al Waha Capital PJSC (ADX:WAHA) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Al Waha Capital PJSC Interest Coverage?

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 by its Interest Expense. Al Waha Capital PJSC's Operating Income for the three months ended in Dec. 2024 was د.إ-62.7 Mil. Al Waha Capital PJSC's Interest Expense for the three months ended in Dec. 2024 was د.إ-56.0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Al Waha Capital PJSC's Interest Coverage or its related term are showing as below:


ADX:WAHA's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 47.85
* Ranked among companies with meaningful Interest Coverage only.

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 Waha Capital PJSC Interest Coverage Historical Data

The historical data trend for Al Waha Capital PJSC's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

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Al Waha Capital PJSC Interest Coverage Chart

Al Waha Capital PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Al Waha Capital PJSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Al Waha Capital PJSC's Interest Coverage

For the Asset Management subindustry, Al Waha Capital PJSC's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Al Waha Capital PJSC's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Al Waha Capital PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Al Waha Capital PJSC's Interest Coverage falls into.


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Al Waha Capital PJSC Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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 Waha Capital PJSC's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Al Waha Capital PJSC's Interest Expense was د.إ-302.9 Mil. Its Operating Income was د.إ-187.6 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ147.4 Mil.

Al Waha Capital PJSC did not have earnings to cover the interest expense.

Al Waha Capital PJSC's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Al Waha Capital PJSC's Interest Expense was د.إ-56.0 Mil. Its Operating Income was د.إ-62.7 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ147.4 Mil.

Al Waha Capital PJSC did not have earnings to cover the interest expense.

* 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.


Al Waha Capital PJSC  (ADX:WAHA) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Al Waha Capital PJSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of Al Waha Capital PJSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Al Waha Capital PJSC Business Description

Traded in Other Exchanges
N/A
Address
Etihad Towers, P.O. Box 28922, 42nd Floor, Tower 3, Ras Al Akhdar Area, Abu Dhabi, ARE
Al Waha Capital PJSC manages various assets across many sectors, including aircraft leasing, healthcare, financial services, energy, infrastructure, industrial real estate, and capital markets. Traditionally, the company has invested for governments in the Middle East and Northern Africa. However, through private equity offerings, it offers investments to third-party investors. The company has four segments which include Private Investments, Waha Land, Public Markets, and Corporate. It generates the majority of its revenue from the Private Investments segment.

Al Waha Capital PJSC Headlines

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