GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al Khaleej Investment PJSC (ADX:KICO) » Definitions » Interest Expense

Al Khaleej Investment PJSC (ADX:KICO) Interest Expense : د.إ-0.18 Mil (TTM As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Al Khaleej Investment PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al Khaleej Investment PJSC's interest expense for the six months ended in Dec. 2023 was د.إ -0.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ-0.18 Mil.

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. Al Khaleej Investment PJSC's Operating Income for the six months ended in Dec. 2023 was د.إ 8.56 Mil. Al Khaleej Investment PJSC's Interest Expense for the six months ended in Dec. 2023 was د.إ -0.18 Mil. Al Khaleej Investment PJSC's Interest Coverage for the quarter that ended in Dec. 2023 was 48.34. 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.


Al Khaleej Investment PJSC Interest Expense Historical Data

The historical data trend for Al Khaleej Investment PJSC'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.

* Premium members only.

Al Khaleej Investment PJSC Interest Expense Chart

Al Khaleej Investment PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.06 -0.04 -0.04 -0.18

Al Khaleej Investment PJSC Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.05 -0.06 -0.04 -0.04 -0.18

Al Khaleej Investment PJSC Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ-0.18 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.


Al Khaleej Investment PJSC  (ADX:KICO) 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.

Al Khaleej Investment PJSC's Interest Expense for the six months ended in Dec. 2023 was د.إ-0.18 Mil. Its Operating Income for the six months ended in Dec. 2023 was د.إ8.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was د.إ0.00 Mil.

Al Khaleej Investment PJSC's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*8.557/-0.177
=48.34

* 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.


Al Khaleej Investment PJSC Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 5662, AI Khaleej Building, Ras Al Khaimah, ARE
Al Khaleej Investment PJSC is a company whose principal activities are real estate enterprise investment, development, institution and management, detection service for real estate, private fund investment, buildings maintenance, commercial enterprise investment, institution and management. The company operates in two reportable segments Real Estate, and Investments. The majority of the revenue is generated from the real estate segment in the form of rents received.

Al Khaleej Investment PJSC Headlines

No Headlines