Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) Interest Expense : E£-731 Mil (TTM As of Nov. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Cairo For Investment And Real Estate Developments CIRA Education Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cairo For Investment And Real Estate Developments CIRA Education's interest expense for the three months ended in Nov. 2024 was E£ -191 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2024 was E£-731 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. Cairo For Investment And Real Estate Developments CIRA Education's Operating Income for the three months ended in Nov. 2024 was E£ 498 Mil. Cairo For Investment And Real Estate Developments CIRA Education's Interest Expense for the three months ended in Nov. 2024 was E£ -191 Mil. Cairo For Investment And Real Estate Developments CIRA Education's Interest Coverage for the quarter that ended in Nov. 2024 was 2.61. 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.

Cairo For Investment And Real Estate Developments CIRA Education Interest Expense Historical Data

The historical data trend for Cairo For Investment And Real Estate Developments CIRA Education'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.

Cairo For Investment And Real Estate Developments CIRA Education Interest Expense Chart

Cairo For Investment And Real Estate Developments CIRA Education Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Interest Expense

Get a 7-Day Free Trial

-67.27

-142.35

-139.98

-400.37

-671.11

Cairo For Investment And Real Estate Developments CIRA Education Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Interest Expense	Get a 7-Day Free Trial															-130.76	-151.68	-157.22	-231.46	-190.52

Cairo For Investment And Real Estate Developments CIRA Education 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was E£-731 Mil.

Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) 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.

Cairo For Investment And Real Estate Developments CIRA Education's Interest Expense for the three months ended in Nov. 2024 was E£-191 Mil. Its Operating Income for the three months ended in Nov. 2024 was E£498 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was E£0 Mil.

Cairo For Investment And Real Estate Developments CIRA Education's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Nov. 2024 )	/	Interest Expense (Q: Nov. 2024 )
	=	-1	*	497.537	/	-190.52
	=	2.61

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Cairo For Investment And Real Estate Developments CIRA Education interest coverage is 1.6, which is low.

Cairo For Investment And Real Estate Developments CIRA Education Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Sheikh Ahmed El Sawy Street, Nasr City, Cairo, EGY

Website

https://cira.com.eg

Cairo For Investment And Real Estate Developments CIRA Education is an Egypt-based provider of educational services in the private sector. The company engaged in two reportable segments which include the School segment, and the Higher Education segment. The majority of revenue derives from the Higher Education segment.

Cairo For Investment And Real Estate Developments CIRA Education Headlines

No Headlines