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Noor Capital Markets For Diversified Investments (AMM:NCMD) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Noor Capital Markets For Diversified Investments 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. Noor Capital Markets For Diversified Investments's Operating Income for the six months ended in . 20 was JOD0.00 Mil. Noor Capital Markets For Diversified Investments's Interest Expense for the six months ended in . 20 was JOD0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Noor Capital Markets For Diversified Investments's Interest Coverage or its related term are showing as below:


AMM:NCMD's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 20.1
* 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.


Noor Capital Markets For Diversified Investments Interest Coverage Historical Data

The historical data trend for Noor Capital Markets For Diversified Investments'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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Noor Capital Markets For Diversified Investments Interest Coverage Chart

Noor Capital Markets For Diversified Investments Annual Data
Trend
Interest Coverage

Noor Capital Markets For Diversified Investments Semi-Annual Data
Interest Coverage

Competitive Comparison of Noor Capital Markets For Diversified Investments's Interest Coverage

For the Capital Markets subindustry, Noor Capital Markets For Diversified Investments'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.


Noor Capital Markets For Diversified Investments's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Noor Capital Markets For Diversified Investments's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Noor Capital Markets For Diversified Investments's Interest Coverage falls into.


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Noor Capital Markets For Diversified Investments 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.

Noor Capital Markets For Diversified Investments's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Noor Capital Markets For Diversified Investments's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Noor Capital Markets For Diversified Investments had no debt (1).

Noor Capital Markets For Diversified Investments's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Noor Capital Markets For Diversified Investments's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Noor Capital Markets For Diversified Investments had no debt (1).

* 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.


Noor Capital Markets For Diversified Investments  (AMM:NCMD) 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 .


Noor Capital Markets For Diversified Investments Interest Coverage Related Terms

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Noor Capital Markets For Diversified Investments Business Description

Traded in Other Exchanges
N/A
Address
Ahmad al Jaber Street, Dar al Awadi tower, 27th Floor, Building No. 74, Sharq, Kuwait, KWT, 13125
Noor Capital Markets For Diversified Investments is engaged in offering online trading services through its trading platforms. The company is specialized in brokerage operations related to buying and selling foreign currencies, commodities, precious metals and related instant instruments. Its investment products include Gold and Silver, Agriculture, Forex, and others.

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