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Douja Promotion Groupe Addoha (CAS:ADH) Interest Expense : MAD-298 Mil (TTM As of Jun. 2024)


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What is Douja Promotion Groupe Addoha Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Douja Promotion Groupe Addoha's interest expense for the six months ended in Jun. 2024 was MAD -153 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was MAD-298 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. Douja Promotion Groupe Addoha's Operating Income for the six months ended in Jun. 2024 was MAD 335 Mil. Douja Promotion Groupe Addoha's Interest Expense for the six months ended in Jun. 2024 was MAD -153 Mil. Douja Promotion Groupe Addoha's Interest Coverage for the quarter that ended in Jun. 2024 was 2.20. 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.


Douja Promotion Groupe Addoha Interest Expense Historical Data

The historical data trend for Douja Promotion Groupe Addoha'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.

Douja Promotion Groupe Addoha Interest Expense Chart

Douja Promotion Groupe Addoha Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -412.65 -344.58 -297.91 -268.13 -290.52

Douja Promotion Groupe Addoha Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun22 Dec22 Jun23 Dec23 Jun24
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 -132.22 -135.91 -145.24 -145.28 -152.51

Douja Promotion Groupe Addoha 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD-298 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.


Douja Promotion Groupe Addoha  (CAS:ADH) 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.

Douja Promotion Groupe Addoha's Interest Expense for the six months ended in Jun. 2024 was MAD-153 Mil. Its Operating Income for the six months ended in Jun. 2024 was MAD335 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was MAD3,284 Mil.

Douja Promotion Groupe Addoha's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*335.29/-152.512
=2.20

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Douja Promotion Groupe Addoha SAs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Douja Promotion Groupe Addoha Business Description

Traded in Other Exchanges
N/A
Address
Km 7, Route de Rabat, Ain Sebaa, Casablanca, MAR
Douja Promotion Groupe Addoha SA operates in the real estate sector. Its activities include the construction, development, and marketing of real estate properties. It holds an interest in a project such as Casablanca and regions, Rabat and regions, Tangier, Meknes, Oujda and many others. In addition, the group is also involved in providing financing and legal advisory services. Geographically activities are carried out through the region of Morocco.

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