Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) Interest Expense: JOD-0.41 Mil (TTM As of Dec. 2023)


What is Rum Group for Transportation & Tourism Investment PSC Interest Expense?

Rum Group for Transportation & Tourism Investment PSC AMM:RUMM Interest Expense is JOD-0.41 Mil as of Dec. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rum Group for Transportation & Tourism Investment PSC's interest expense for the three months ended in Dec. 2023 was JOD 0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was JOD-0.41 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. Rum Group for Transportation & Tourism Investment PSC's Operating Income for the three months ended in Dec. 2023 was JOD 0.00 Mil. Rum Group for Transportation & Tourism Investment PSC's Interest Expense for the three months ended in Dec. 2023 was JOD 0.13 Mil. Rum Group for Transportation & Tourism Investment PSC 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.

Rum Group for Transportation & Tourism Investment PSC  (AMM:RUMM) 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.

Rum Group for Transportation & Tourism Investment PSC's Interest Expense for the three months ended in Dec. 2023 was JOD0.13 Mil. Its Operating Income for the three months ended in Dec. 2023 was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was JOD5.10 Mil.

Rum Group for Transportation & Tourism Investment PSC's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

* 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.

Rum Group for Transportation & Tourism Investment PSC Interest Expense Historical Data

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The historical data trend for Rum Group for Transportation & Tourism Investment PSC'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.

Rum Group for Transportation & Tourism Investment PSC Interest Expense Chart

Rum Group for Transportation & Tourism Investment PSC 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 -0.52 -0.33 -0.40 -0.45 -0.61

Rum Group for Transportation & Tourism Investment PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense 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 0.16 -0.20 -0.16 -0.17 0.13

Rum Group for Transportation & Tourism Investment PSC 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 JOD-0.41 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of JOD-0.41 Mil mean?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a Interest Expense of JOD-0.41 Mil as of Dec. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rum Group for Transportation & Tourism Investment PSC and its competitors.
Is Rum Group for Transportation & Tourism Investment PSC's Interest Expense too high?
Rum Group for Transportation & Tourism Investment PSC's current Interest Expense is JOD-0.41 Mil.
How does Rum Group for Transportation & Tourism Investment PSC's Interest Expense compare to BKNG and ABNB?
Rum Group for Transportation & Tourism Investment PSC's Interest Expense of JOD-0.41 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rum Group for Transportation & Tourism Investment PSC and its competitors. Rum Group for Transportation & Tourism Investment PSC's current Interest Expense is JOD-0.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rum Group for Transportation & Tourism Investment PSC stock overvalued right now?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a current Interest Expense of JOD-0.41 Mil. The current Interest Expense is JOD-0.41 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM), the current Interest Expense is JOD-0.41 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rum Group for Transportation & Tourism Investment PSC Business Description

Address Airport Street, Close to Maa'daba Bridge, P.O. Box 921513, Amman, JOR, 11192
Rum Group for Transportation & Tourism Investment PSC provides tour services. The company provides tourist land transportation Inside and Outside Jordan, owns and operates hotels, aircraft leasing, low-cost airlines, insurance and financial brokerage. The company's brands include Rum Trans, Rum Hotels, and RUM Aviation.