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Easy Lease Motor Cycle Rental PRJSC (ADX:EASYLEASE) Interest Expense : د.إ Mil (TTM As of . 20)


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What is Easy Lease Motor Cycle Rental PRJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Easy Lease Motor Cycle Rental PRJSC's interest expense for the six months ended in . 20 was د.إ 0.00 Mil. Easy Lease Motor Cycle Rental PRJSC does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Easy Lease Motor Cycle Rental PRJSC's Operating Income for the six months ended in . 20 was د.إ 0.00 Mil. Easy Lease Motor Cycle Rental PRJSC's Interest Expense for the six months ended in . 20 was د.إ 0.00 Mil. Easy Lease Motor Cycle Rental PRJSC did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Easy Lease Motor Cycle Rental PRJSC Interest Expense Historical Data

The historical data trend for Easy Lease Motor Cycle Rental PRJSC's Interest Expense 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.

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Easy Lease Motor Cycle Rental PRJSC Interest Expense Chart

Easy Lease Motor Cycle Rental PRJSC Annual Data
Trend
Interest Expense

Easy Lease Motor Cycle Rental PRJSC Semi-Annual Data
Interest Expense

Easy Lease Motor Cycle Rental PRJSC Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Easy Lease Motor Cycle Rental PRJSC  (ADX:EASYLEASE) Interest Expense Explanation

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. The higher, the better.

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

Easy Lease Motor Cycle Rental PRJSC's Interest Expense for the six months ended in . 20 was د.إ0.00 Mil. Its Operating Income for the six months ended in . 20 was د.إ0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was د.إ0.00 Mil.

Easy Lease Motor Cycle Rental PRJSC's Interest Coverage for the quarter that ended in . 20 is calculated as

Easy Lease Motor Cycle Rental PRJSC had no long-term 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.


Easy Lease Motor Cycle Rental PRJSC Business Description

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Traded in Other Exchanges
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Address
Al Nouf Tower 1004, Deira, P.O. Box 333367, Dubai, ARE
Easy Lease Motor Cycle Rental PRJSC is engaged in the business of motorcycle leasing. It offers a full-service, all-in motorcycle lease where clients pay as they go and not worry about the hassles of maintenance, upkeep, and overheads.

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