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Shira Real Estate Development & Investment (AMM:SHRA) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Shira Real Estate Development & Investment 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. Shira Real Estate Development & Investment's Operating Income for the three months ended in Mar. 2025 was JOD0.00 Mil. Shira Real Estate Development & Investment's Interest Expense for the three months ended in Mar. 2025 was JOD-0.21 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shira Real Estate Development & Investment PLCs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Shira Real Estate Development & Investment's Interest Coverage or its related term are showing as below:

AMM:SHRA' s Interest Coverage Range Over the Past 10 Years
Min: 0.1   Med: 5006.22   Max: No Debt
Current: 0.1


AMM:SHRA's Interest Coverage is ranked worse than
99.01% of 1317 companies
in the Real Estate industry
Industry Median: 3.97 vs AMM:SHRA: 0.10

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Shira Real Estate Development & Investment Interest Coverage Historical Data

The historical data trend for Shira Real Estate Development & Investment'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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Shira Real Estate Development & Investment Interest Coverage Chart

Shira Real Estate Development & Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Shira Real Estate Development & Investment 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 - - 1.53 - -

Competitive Comparison of Shira Real Estate Development & Investment's Interest Coverage

For the Real Estate - Development subindustry, Shira Real Estate Development & Investment'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.


Shira Real Estate Development & Investment's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shira Real Estate Development & Investment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shira Real Estate Development & Investment's Interest Coverage falls into.


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Shira Real Estate Development & Investment 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.

Shira Real Estate Development & Investment'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, Shira Real Estate Development & Investment's Interest Expense was JOD-1.62 Mil. Its Operating Income was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Shira Real Estate Development & Investment's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Shira Real Estate Development & Investment's Interest Expense was JOD-0.21 Mil. Its Operating Income was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 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.

The higher the ratio, the stronger the company's Financial Strength is.


Shira Real Estate Development & Investment  (AMM:SHRA) 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 .


Shira Real Estate Development & Investment Interest Coverage Related Terms

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Shira Real Estate Development & Investment Business Description

Traded in Other Exchanges
N/A
Address
Al Madina El Monawara, Building No. 269, 5th Floor, P.O. Box 2721, Noor Commercial Complex, Amman, JOR, 11821
Shira Real Estate Development & Investment PLC is engaged in the business of building and selling housing projects, and purchasing lands and real estate for the purpose of trading them.

Shira Real Estate Development & Investment Headlines

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