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Dubai Taxi Co (DFM:DTC) Interest Expense : د.إ-61 Mil (TTM As of Dec. 2024)


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What is Dubai Taxi Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dubai Taxi Co's interest expense for the three months ended in Dec. 2024 was د.إ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was د.إ-61 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. Dubai Taxi Co's Operating Income for the three months ended in Dec. 2024 was د.إ 101 Mil. Dubai Taxi Co's Interest Expense for the three months ended in Dec. 2024 was د.إ -15 Mil. Dubai Taxi Co's Interest Coverage for the quarter that ended in Dec. 2024 was 6.89. 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.


Dubai Taxi Co Interest Expense Historical Data

The historical data trend for Dubai Taxi Co'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.

Dubai Taxi Co Interest Expense Chart

Dubai Taxi Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -0.53 -0.39 -0.04 -15.86 -61.30

Dubai Taxi Co Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.36 -15.35 -15.73 -15.54 -14.68

Dubai Taxi Co 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-61 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.


Dubai Taxi Co  (DFM:DTC) 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.

Dubai Taxi Co's Interest Expense for the three months ended in Dec. 2024 was د.إ-15 Mil. Its Operating Income for the three months ended in Dec. 2024 was د.إ101 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was د.إ1,001 Mil.

Dubai Taxi Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*101.088/-14.678
=6.89

* 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.


Dubai Taxi Co Business Description

Traded in Other Exchanges
N/A
Address
Amman Street, P.O. Box 2647, First floor, main building, Al Muhaisnah area, Dubai, ARE
Dubai Taxi Co is a mobility solutions and taxi operator company in Dubai. It offers a wide range of transportation solutions across its four main business lines, which include taxi services through its large, environmentally friendly fleet, VIP limousine services consisting of chauffeur-driven vehicles to provide luxury service, bus services, and last-mile delivery services via delivery bikes. It generates the majority of its revenue from Regular Taxi.

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