Sinai Cement (CAI:SCEM) Interest Expense : E£ Mil (TTM As of Jun. 2017)

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What is Sinai Cement Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinai Cement's interest expense for the six months ended in Jun. 2017 was E£ -31.3 Mil. Sinai Cement does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2017.

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. Sinai Cement's Operating Income for the six months ended in Jun. 2017 was E£ 0.0 Mil. Sinai Cement's Interest Expense for the six months ended in Jun. 2017 was E£ -31.3 Mil. Sinai Cement 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.

Sinai Cement Interest Expense Historical Data

The historical data trend for Sinai Cement'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.

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Sinai Cement Interest Expense Chart

Sinai Cement Annual Data

Trend

Interest Expense

Sinai Cement Semi-Annual Data
	Jun16	Jun17
Interest Expense	-11.25	-31.34

Sinai Cement Interest Expense Calculation

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

Sinai Cement (CAI:SCEM) 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.

Sinai Cement's Interest Expense for the six months ended in Jun. 2017 was E£-31.3 Mil. Its Operating Income for the six months ended in Jun. 2017 was E£0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2017 was E£0.0 Mil.

Sinai Cement's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

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

Sinai Cement (CAI:SCEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sinai Cement (CAI:SCEM) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Ring Road, Sama Administrative Tower, Katameya, Cairo, EGY, 11439

Website

http://www.sinaicement.net

Sinai Cement is engaged in the production of cement and related products along with packaging of bags.

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