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Kuwait Real Estate Holding Co (KUW:ALAQARIA) Interest Expense : KWD-0.36 Mil (TTM As of Mar. 2024)


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What is Kuwait Real Estate Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kuwait Real Estate Holding Co's interest expense for the three months ended in Mar. 2024 was KWD -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD-0.36 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. Kuwait Real Estate Holding Co's Operating Income for the three months ended in Mar. 2024 was KWD -0.29 Mil. Kuwait Real Estate Holding Co's Interest Expense for the three months ended in Mar. 2024 was KWD -0.09 Mil. Kuwait Real Estate Holding Co 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.

Kuwait Real Estate Holding Co Interest Expense Historical Data

The historical data trend for Kuwait Real Estate Holding 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.

Kuwait Real Estate Holding Co Interest Expense Chart

Kuwait Real Estate Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.22 -0.25 -0.34

Kuwait Real Estate Holding Co 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 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 -0.07 -0.10 -0.09 -0.09 -0.09

Kuwait Real Estate Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-0.36 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.

Kuwait Real Estate Holding Co  (KUW:ALAQARIA) 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.

Kuwait Real Estate Holding Co's Interest Expense for the three months ended in Mar. 2024 was KWD-0.09 Mil. Its Operating Income for the three months ended in Mar. 2024 was KWD-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was KWD2.00 Mil.

Kuwait Real Estate Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Kuwait Real Estate Holding Co did not have earnings to cover the interest expense.

* 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.

Kuwait Real Estate Holding Co (KUW:ALAQARIA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kuwait Real Estate Holding Co (KUW:ALAQARIA) » Definitions » Interest Expense
Comparable Companies
KUW:MARAKEZ KUW:DALQAN KUW:MASAKEN KUW:MASHAER KUW:AMAR KUW:MUBARRAD KUW:AQAR KUW:SANAM KUW:ARGAN KUW:ARABREC CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW
Traded in Other Exchanges
N/A
Address
Osama Bin Monkez Street, P.O. Box 1257, Al-Khourafi Tower, Al Qubla, Safat, Kuwait, KWT, 13013
Website
http://www.alaqaria.com
Kuwait Real Estate Holding Co. operates in the real estate business in Kuwait. The company is engaged in the business of providing management, and maintenance of real estate properties and construction services. It operates through the following segments: Real Estate and Investment. The firm generates a majority of its revenue from the Real estate segment.

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