Electro Cable Egypt (CAI:ELEC) Interest Expense: E£-79 Mil (TTM As of Jun. 2023)


CAI:ELEC Electro Cable Egypt CAI:ELEC
8 GF Score
Price E£2.15
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What is Electro Cable Egypt Interest Expense?

Electro Cable Egypt CAI:ELEC +2.38% 8 Interest Expense is E£-79 Mil as of Jun. 2023. GuruFocus rates CAI:ELEC with a GF Score™ of 8/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Electro Cable Egypt's interest expense for the three months ended in Jun. 2023 was E£ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was E£-79 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. Electro Cable Egypt's Operating Income for the three months ended in Jun. 2023 was E£ 228 Mil. Electro Cable Egypt's Interest Expense for the three months ended in Jun. 2023 was E£ -46 Mil. Electro Cable Egypt's Interest Coverage for the quarter that ended in Jun. 2023 was 4.94. 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.

Electro Cable Egypt  (CAI:ELEC) 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.

Electro Cable Egypt's Interest Expense for the three months ended in Jun. 2023 was E£-46 Mil. Its Operating Income for the three months ended in Jun. 2023 was E£228 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was E£241 Mil.

Electro Cable Egypt's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*227.693/-46.137
=4.94

* 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.

Electro Cable Egypt Interest Expense Historical Data

* Premium members only.

The historical data trend for Electro Cable Egypt'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.

Electro Cable Egypt Interest Expense Chart

Electro Cable Egypt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
-31.26 -56.29 -80.69 -94.52 -53.01

Electro Cable Egypt Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Mar22 Jun22 Mar23 Jun23
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 -8.49 -15.12 -18.05 -33.33 -46.14
CAI:ELEC
8GF Score
Electro Cable Egypt CAI:ELEC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Electro Cable Egypt 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was E£-79 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 E£-79 Mil mean?
Electro Cable Egypt (CAI:ELEC) has a Interest Expense of E£-79 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Electro Cable Egypt and its competitors.
Is Electro Cable Egypt's Interest Expense too high?
Electro Cable Egypt's current Interest Expense is E£-79 Mil. Overall, Electro Cable Egypt has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Electro Cable Egypt's Interest Expense compare to competitors?
Electro Cable Egypt's Interest Expense of E£-79 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 Electro Cable Egypt and its competitors. Electro Cable Egypt's current Interest Expense is E£-79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electro Cable Egypt stock overvalued right now?
Electro Cable Egypt (CAI:ELEC) has a current Interest Expense of E£-79 Mil. The current Interest Expense is E£-79 Mil. Electro Cable Egypt's overall GF Score™ is 8/100. 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 Electro Cable Egypt (CAI:ELEC), the current Interest Expense is E£-79 Mil as of Jun. 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.

Electro Cable Egypt Business Description

Address Ismaellia Canal Road, Km 4.6,6 th October Road, Mostorod Industrial Zone, Qualubia Governorate, Cairo, EGY
Electro Cable Egypt manufactures and markets power cables and telecommunication cables. Its products portfolio includes Enamelled Copper Wires, Overhead Bare Conductors, Telephone Wires and Cables and others.
8GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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