Multiply Group PJSC (ADX:MULTIPLY) Interest Expense : د.إ-409 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Multiply Group PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Multiply Group PJSC's interest expense for the three months ended in Dec. 2023 was د.إ -109 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ-409 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. Multiply Group PJSC's Operating Income for the three months ended in Dec. 2023 was د.إ 117 Mil. Multiply Group PJSC's Interest Expense for the three months ended in Dec. 2023 was د.إ -109 Mil. Multiply Group PJSC's Interest Coverage for the quarter that ended in Dec. 2023 was 1.07. 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.

Multiply Group PJSC Interest Expense Historical Data

The historical data trend for Multiply Group 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.

Multiply Group PJSC Interest Expense Chart

Multiply Group PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-5.70

-143.31

-404.20

Multiply Group PJSC Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial											-85.85	-90.40	-103.28	-106.55	-109.07

Multiply Group PJSC Interest Expense Calculation

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

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-409 Mil.

Multiply Group PJSC (ADX:MULTIPLY) Interest Expense Explanation

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

Multiply Group PJSC's Interest Expense for the three months ended in Dec. 2023 was د.إ-109 Mil. Its Operating Income for the three months ended in Dec. 2023 was د.إ117 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was د.إ8,329 Mil.

Multiply Group 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	*	116.756	/	-109.071
	=	1.07

The higher the ratio, the stronger the company's financial strength is.

Multiply Group PJSC (ADX:MULTIPLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Multiply Group PJSC (ADX:MULTIPLY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Marina Square, Level 19, Tamouh Tower, Reem Island, Abu Dhabi, ARE

Website

https://www.multiply.ae

Multiply Group PJSC is a technology-focused holding company with a presence across five industries, including communications, utilities, ventures, wellness, Driving training and Asset Management. The group's diversified portfolio strikes a balance between steady companies that generate recurring income and high-growth businesses. The company has its geographic presence in UAE and outside UAE.

Multiply Group PJSC (ADX:MULTIPLY) Headlines

No Headlines