Aqar Real Estate Investments CoKC (KUW:AQAR) Interest Expense : KWD-0.42 Mil (TTM As of Dec. 2024)

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What is Aqar Real Estate Investments CoKC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aqar Real Estate Investments CoKC's interest expense for the three months ended in Dec. 2024 was KWD -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was KWD-0.42 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. Aqar Real Estate Investments CoKC's Operating Income for the three months ended in Dec. 2024 was KWD -0.02 Mil. Aqar Real Estate Investments CoKC's Interest Expense for the three months ended in Dec. 2024 was KWD -0.10 Mil. Aqar Real Estate Investments CoKC 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.

Aqar Real Estate Investments CoKC Interest Expense Historical Data

The historical data trend for Aqar Real Estate Investments CoKC'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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Aqar Real Estate Investments CoKC Interest Expense Chart

Aqar Real Estate Investments CoKC Annual Data

Trend

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.24

-0.19

-0.25

-0.42

Aqar Real Estate Investments CoKC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.11	-0.11	-0.11	-0.10	-0.10

Aqar Real Estate Investments CoKC 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 KWD-0.42 Mil.

Aqar Real Estate Investments CoKC (KUW:AQAR) 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.

Aqar Real Estate Investments CoKC's Interest Expense for the three months ended in Dec. 2024 was KWD-0.10 Mil. Its Operating Income for the three months ended in Dec. 2024 was KWD-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was KWD2.11 Mil.

Aqar Real Estate Investments CoKC's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Aqar Real Estate Investments CoKC did not have earnings to cover the interest expense.

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. Aqar Real Estate Investments Co SAKCs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Aqar Real Estate Investments CoKC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aqar Real Estate Investments Co SAKC (KUW:AQAR) » Definitions » Interest Expense

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Address

Street 23, Al Qibla Square Tower, Block 13, Building 19, 30th Floor, P.O.Box : 20017, Safat, Kuwait City, KWT, 13061

Website

http://www.aqar.com.kw

Aqar Real Estate Investments Co SAKC is a company based in Kuwait. It is engaged in trading, developing land and real estates, establishing, operating, and investing in hotels, motels, tourist resorts in addition to trading in shares and bonds of real estate companies as well as performing real estate consultancy services. The company operates in three segments which include Real estate segment, Investments segment, and Other segments.

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