Real Estate Trade Centers Co (KUW:MARAKEZ) Interest Coverage : No Debt ⁽¹⁾ (As of Mar. 2025)

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What is Real Estate Trade Centers 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. Real Estate Trade Centers Co's Operating Income for the three months ended in Mar. 2025 was KWD0.03 Mil. Real Estate Trade Centers Co's Interest Expense for the three months ended in Mar. 2025 was KWD0.00 Mil. Real Estate Trade Centers Co has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Real Estate Trade Centers Co has enough cash to cover all of its debt. Its financial situation is stable.

(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 Real Estate Trade Centers Co's Interest Coverage or its related term are showing as below:

KUW:MARAKEZ' s Interest Coverage Range Over the Past 10 Years
Min: 17 Med: No Debt Max: No Debt
Current: No Debt

KUW:MARAKEZ's Interest Coverage is ranked better than
99.54% of 1313 companies
in the Real Estate industry
Industry Median: 3.97 vs KUW:MARAKEZ: No Debt

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

Real Estate Trade Centers Co Interest Coverage Historical Data

The historical data trend for Real Estate Trade Centers 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.

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Real Estate Trade Centers Co Interest Coverage Chart

Real Estate Trade Centers Co Annual Data

Trend

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Interest Coverage

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No Debt

Real Estate Trade Centers 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Real Estate Trade Centers Co's Interest Coverage

For the Real Estate Services subindustry, Real Estate Trade Centers 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.

Real Estate Trade Centers Co's Interest Coverage Distribution in the Real Estate Industry

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

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

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Real Estate Trade Centers 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.

Real Estate Trade Centers 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, Real Estate Trade Centers Co's Interest Expense was KWD-0.00 Mil. Its Operating Income was KWD-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD0.00 Mil.

Real Estate Trade Centers Co did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Real Estate Trade Centers Co's Interest Expense was KWD0.00 Mil. Its Operating Income was KWD0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD0.00 Mil.

Real Estate Trade Centers Co had no debt ⁽¹⁾.

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

Real Estate Trade Centers Co (KUW:MARAKEZ) 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 .

Real Estate Trade Centers Co Interest Coverage Related Terms

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Real Estate Trade Centers Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Real Estate Trade Centers Co (KUW:MARAKEZ) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salhia Commercial Complex, Block 23, First Floor, Entrance No. 2, Safat, Kuwait, KWT

Website

https://www.marakezkw.com

Real Estate Trade Centers Co engages in the real estate business in Kuwait. The company is engaged in the business of owning, selling, and purchasing lands, real estate, and shares of real estate companies, managing hotels, and health clubs, establishing and managing investment funds, owning commercial markets, building the infrastructure of related projects, providing property management of third parties, and leasing and marketing properties. It is also engaged in owning and operating housing complexes and holding real estate auctions. Geographically, the company generates maximum revenue from the Syrian Arab Republic, followed by the State of Kuwait.

Real Estate Trade Centers Co Headlines

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Real Estate Trade Centers Co (KUW:MARAKEZ) Interest Coverage : No Debt (1) (As of Mar. 2025)