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Bindar For Islamic Finance Co (AMM:BIND) Interest Coverage : N/A (As of Mar. 2025)


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What is Bindar For Islamic Finance Co 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. Bindar For Islamic Finance Co's Operating Income for the three months ended in Mar. 2025 was JOD1.86 Mil. Bindar For Islamic Finance Co's Interest Expense for the three months ended in Mar. 2025 was JOD0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Bindar For Islamic Finance Co's Interest Coverage or its related term are showing as below:


AMM:BIND's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 61.735
* 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.


Bindar For Islamic Finance Co Interest Coverage Historical Data

The historical data trend for Bindar For Islamic Finance Co'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.

* Premium members only.

Bindar For Islamic Finance Co Interest Coverage Chart

Bindar For Islamic Finance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Bindar For Islamic Finance Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage 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 N/A N/A N/A N/A N/A

Competitive Comparison of Bindar For Islamic Finance Co's Interest Coverage

For the Credit Services subindustry, Bindar For Islamic Finance Co'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.


Bindar For Islamic Finance Co's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Bindar For Islamic Finance Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bindar For Islamic Finance Co's Interest Coverage falls into.


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Bindar For Islamic Finance Co 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.

Bindar For Islamic Finance Co'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, Bindar For Islamic Finance Co's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.91 Mil.

GuruFocus does not calculate Bindar For Islamic Finance Co's interest coverage with the available data.

Bindar For Islamic Finance Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Bindar For Islamic Finance Co's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD1.86 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD84.88 Mil.

GuruFocus does not calculate Bindar For Islamic Finance Co's interest coverage with the available data.

* 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.


Bindar For Islamic Finance Co  (AMM:BIND) 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 .


Bindar For Islamic Finance Co Interest Coverage Related Terms

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Bindar For Islamic Finance Co Business Description

Traded in Other Exchanges
N/A
Address
Al Madinah, Al-Monawrah Street, Al Saad building No.241, PO Box 1921, Amman, JOR, 1115
Bindar Trading & Investment Co PLC is a public joint-stock company. It provides consumer financing; finance leasing and real estate financing. The company's services include Property finance; Financing vehicles; Financing durable goods and Financing projects. It also buys, sells, and finances apartments and residential land. Its main activity has been focused since its inception on Car loans & Real-estate loans.

Bindar For Islamic Finance Co Headlines

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