Aluminium Bahrain BSC (BAH:ALBH) Interest Expense : BHD-55 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Aluminium Bahrain BSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aluminium Bahrain BSC's interest expense for the three months ended in Mar. 2024 was BHD -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was BHD-55 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. Aluminium Bahrain BSC's Operating Income for the three months ended in Mar. 2024 was BHD 34 Mil. Aluminium Bahrain BSC's Interest Expense for the three months ended in Mar. 2024 was BHD -10 Mil. Aluminium Bahrain BSC's Interest Coverage for the quarter that ended in Mar. 2024 was 3.40. 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.

Aluminium Bahrain BSC Interest Expense Historical Data

The historical data trend for Aluminium Bahrain BSC'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.

Aluminium Bahrain BSC Interest Expense Chart

Aluminium Bahrain BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-22.20

-39.40

-37.89

-32.70

-60.07

Aluminium Bahrain BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-14.79	-15.34	-12.10	-17.83	-9.98

Aluminium Bahrain BSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BHD-55 Mil.

Aluminium Bahrain BSC (BAH:ALBH) 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.

Aluminium Bahrain BSC's Interest Expense for the three months ended in Mar. 2024 was BHD-10 Mil. Its Operating Income for the three months ended in Mar. 2024 was BHD34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was BHD388 Mil.

Aluminium Bahrain BSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	33.891	/	-9.98
	=	3.40

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

Aluminium Bahrain BSC (BAH:ALBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluminium Bahrain BSC (BAH:ALBH) » Definitions » Interest Expense

Traded in Other Exchanges

ALBH:UK

Address

94 Road, King Hamad Highway, Building 150, Block 951, P.O. Box 570, Askar, BHR

Website

https://www.albasmelter.com

Aluminium Bahrain BSC manufactures aluminum and aluminum related products. The company owns and operates aluminum smelter where it produces Extrusion Billets, Foundry Alloy Ingots Propertzi and Standard Ingot Form, Rolling Slabs, Tee and Standard Ingots and Liquid Metal. The other products of the company are anodes, water, power, and calcined coke.

Aluminium Bahrain BSC (BAH:ALBH) Headlines

No Headlines