Orient Rental Modaraba (KAR:ORM) Interest Expense : ₨ Mil (TTM As of . 20)

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What is Orient Rental Modaraba Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Orient Rental Modaraba's interest expense for the six months ended in . 20 was ₨ 0.00 Mil. Orient Rental Modaraba does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Orient Rental Modaraba's Operating Income for the six months ended in . 20 was ₨ 0.00 Mil. Orient Rental Modaraba's Interest Expense for the six months ended in . 20 was ₨ 0.00 Mil. Orient Rental Modaraba 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.

Orient Rental Modaraba Interest Expense Historical Data

The historical data trend for Orient Rental Modaraba'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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Orient Rental Modaraba Interest Expense Chart

Orient Rental Modaraba Annual Data

Trend

Interest Expense

Orient Rental Modaraba Semi-Annual Data

Interest Expense

Orient Rental Modaraba Interest Expense Calculation

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

Orient Rental Modaraba (KAR:ORM) 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.

Orient Rental Modaraba's Interest Expense for the six months ended in . 20 was ₨0.00 Mil. Its Operating Income for the six months ended in . 20 was ₨0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was ₨0.00 Mil.

Orient Rental Modaraba's Interest Coverage for the quarter that ended in . 20 is calculated as

Orient Rental Modaraba had no long-term debt ⁽¹⁾.

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

Orient Rental Modaraba (KAR:ORM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Orient Rental Modaraba (KAR:ORM) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

ICT Building, 4th Floor, Block 7 & 8, KCHSU, Shahrah-e-Faisal, Karachi, PAK

Website

https://www.orientmodaraba.com

Orient Rental Modaraba is engaged in providing equipment rental solutions, operation, and maintenance services. The equipment for rental includes a fleet of Power Generation Equipment, Commercial Vehicle, Material Handling Equipment and Construction Machinery. The rental solution is provided locally as well as internationally. It is also engaged in providing Operation and Maintenance (O and M) services to customers who own the equipment and require O and M service providers for maintenance.