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Commercial Real Estate Co KSCC (KUW:ALTIJARIA) Interest Coverage : 1.57 (As of Mar. 2025)


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What is Commercial Real Estate Co KSCC 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. Commercial Real Estate Co KSCC's Operating Income for the three months ended in Mar. 2025 was KWD4.43 Mil. Commercial Real Estate Co KSCC's Interest Expense for the three months ended in Mar. 2025 was KWD-2.82 Mil. Commercial Real Estate Co KSCC's interest coverage for the quarter that ended in Mar. 2025 was 1.57. 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. Commercial Real Estate Co KSCC interest coverage is 1.5, which is low.

The historical rank and industry rank for Commercial Real Estate Co KSCC's Interest Coverage or its related term are showing as below:

KUW:ALTIJARIA' s Interest Coverage Range Over the Past 10 Years
Min: 1.47   Med: 1.97   Max: 3.2
Current: 1.5


KUW:ALTIJARIA's Interest Coverage is ranked worse than
77.38% of 1313 companies
in the Real Estate industry
Industry Median: 3.97 vs KUW:ALTIJARIA: 1.50

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


Commercial Real Estate Co KSCC Interest Coverage Historical Data

The historical data trend for Commercial Real Estate Co KSCC'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.

Commercial Real Estate Co KSCC Interest Coverage Chart

Commercial Real Estate Co KSCC 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 1.70 3.20 2.45 1.53 1.47

Commercial Real Estate Co KSCC 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 1.45 1.48 1.40 1.58 1.57

Competitive Comparison of Commercial Real Estate Co KSCC's Interest Coverage

For the Real Estate Services subindustry, Commercial Real Estate Co KSCC'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.


Commercial Real Estate Co KSCC's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Commercial Real Estate Co KSCC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Commercial Real Estate Co KSCC's Interest Coverage falls into.


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Commercial Real Estate Co KSCC 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.

Commercial Real Estate Co KSCC'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, Commercial Real Estate Co KSCC's Interest Expense was KWD-12.49 Mil. Its Operating Income was KWD18.40 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD201.95 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*18.404/-12.489
=1.47

Commercial Real Estate Co KSCC's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Commercial Real Estate Co KSCC's Interest Expense was KWD-2.82 Mil. Its Operating Income was KWD4.43 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD202.32 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*4.425/-2.821
=1.57

* 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.


Commercial Real Estate Co KSCC  (KUW:ALTIJARIA) 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 .


Commercial Real Estate Co KSCC Interest Coverage Related Terms

Thank you for viewing the detailed overview of Commercial Real Estate Co KSCC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Commercial Real Estate Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
Al-Sharq Jaber Al Mubarak Street, Commercial Real Estate Building, P.O.Box 4119, Safat, Kuwait City, KWT, 13042
Commercial Real Estate Co KSCC is engaged in performing various real estate, agricultural, industrial, and commercial activities, carrying out contracting, road and building constructions, including the sale, purchase, and lease of land and real estate properties and construction of buildings. It operates through the Real estate, Hotel, and Investment business segment, of which the majority of its revenue comes from the real estate segment. Its geographical segments are the State of Kuwait, Gulf Countries, and Others.

Commercial Real Estate Co KSCC Headlines

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