Emaar Properties PJSC (DFM:EMAAR) Interest Expense : د.إ-650 Mil (TTM As of Mar. 2024)

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What is Emaar Properties PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emaar Properties PJSC's interest expense for the three months ended in Mar. 2024 was د.إ -159 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ-650 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. Emaar Properties PJSC's Operating Income for the three months ended in Mar. 2024 was د.إ 3,127 Mil. Emaar Properties PJSC's Interest Expense for the three months ended in Mar. 2024 was د.إ -159 Mil. Emaar Properties PJSC's Interest Coverage for the quarter that ended in Mar. 2024 was 19.72. 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.

Emaar Properties PJSC Interest Expense Historical Data

The historical data trend for Emaar Properties PJSC'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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Emaar Properties PJSC Interest Expense Chart

Emaar Properties PJSC Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-993.52

-829.42

-705.39

-716.79

-668.13

Emaar Properties PJSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-176.28	-163.67	-168.67	-159.51	-158.57

Emaar Properties PJSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-650 Mil.

Emaar Properties PJSC (DFM:EMAAR) 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.

Emaar Properties PJSC's Interest Expense for the three months ended in Mar. 2024 was د.إ-159 Mil. Its Operating Income for the three months ended in Mar. 2024 was د.إ3,127 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was د.إ11,539 Mil.

Emaar Properties PJSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	3126.938	/	-158.566
	=	19.72

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

Emaar Properties PJSC (DFM:EMAAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Emaar Properties PJSC (DFM:EMAAR) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Emaar Business Park 1, Level 7, P.O. Box 9440, Building No. 3, Dubai Hills Estate, Dubai, ARE

Website

https://www.emaar.com

Emaar Properties PJSC is a general real estate company. The company organizes into three segments: leasing, retail and related activities, real estate, and hospitality. Emaar's primary focus includes property investment, development management, and property management. The majority of revenue is derived from its real estate segment. Emaar's operations are primarily in the United Arab Emirates. Its property developments include the Burj Khalifa and the Dubai Mall.

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