Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Interest Expense : KWD-0.52 Mil (TTM As of Apr. 2024)

Arkan Al-Kuwait Real Estate Co KSCC Interest Expense Chart

Arkan Al-Kuwait Real Estate Co KSCC Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Interest Expense		Get a 7-Day Free Trial					-0.87	-1.37	-1.20	-0.24	-0.23

Arkan Al-Kuwait Real Estate Co KSCC Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Interest Expense	Get a 7-Day Free Trial															-0.68	-0.81	1.83	-0.77	-0.77

Arkan Al-Kuwait Real Estate Co KSCC 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-0.52 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.

Arkan Al-Kuwait Real Estate Co KSCC  (KUW:ARKAN) 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.

Arkan Al-Kuwait Real Estate Co KSCC's Interest Expense for the three months ended in Apr. 2024 was KWD-0.77 Mil. Its Operating Income for the three months ended in Apr. 2024 was KWD0.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2024 was KWD89.17 Mil.

Arkan Al-Kuwait Real Estate Co KSCC's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Arkan Al-Kuwait Real Estate Co KSCC interest coverage is 3.54, which is low.

Arkan Al-Kuwait Real Estate Co KSCC Business Description