GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gulf Cable & Electrical Industries Co KSC (KUW:CABLE) » Definitions » Interest Expense

Gulf Cable & Electrical Industries Co KSC (KUW:CABLE) Interest Expense : KWD-1.5 Mil (TTM As of Mar. 2025)


View and export this data going back to 1984. Start your Free Trial

What is Gulf Cable & Electrical Industries Co KSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gulf Cable & Electrical Industries Co KSC's interest expense for the three months ended in Mar. 2025 was KWD -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was KWD-1.5 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. Gulf Cable & Electrical Industries Co KSC's Operating Income for the three months ended in Mar. 2025 was KWD 1.7 Mil. Gulf Cable & Electrical Industries Co KSC's Interest Expense for the three months ended in Mar. 2025 was KWD -0.4 Mil. Gulf Cable & Electrical Industries Co KSC's Interest Coverage for the quarter that ended in Mar. 2025 was 4.21. 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.


Gulf Cable & Electrical Industries Co KSC Interest Expense Historical Data

The historical data trend for Gulf Cable & Electrical Industries Co KSC'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.

Gulf Cable & Electrical Industries Co KSC Interest Expense Chart

Gulf Cable & Electrical Industries Co KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.40 -0.35 -1.99 -1.89 -1.51

Gulf Cable & Electrical Industries Co KSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.41 -0.38 -0.37 -0.35 -0.41

Gulf Cable & Electrical Industries Co KSC 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-1.5 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.


Gulf Cable & Electrical Industries Co KSC  (KUW:CABLE) 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.

Gulf Cable & Electrical Industries Co KSC's Interest Expense for the three months ended in Mar. 2025 was KWD-0.4 Mil. Its Operating Income for the three months ended in Mar. 2025 was KWD1.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was KWD15.3 Mil.

Gulf Cable & Electrical Industries Co KSC's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1.708/-0.406
=4.21

* 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.


Gulf Cable & Electrical Industries Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Khalaf Al-Ahmar Street, P.O. Box 1196, Sulaibiya Area No. 1, Sulaibiya Industrial Area, Opposite to KPTC Warehouse, Kuwait, KWT, 13012
Gulf Cable & Electrical Industries Co KSC is a manufacturer and supplier of electrical and telephone cables, electrical transformers, switches and distribution panels, and aluminum chips. The group has three operating segments which includes Cable manufacture; Investment and Rendering services. The Cable manufacture segment contributes the maximum revenue. Its product range includes medium and low voltage power cables, control cables, bare conductors, telephone, communication and instrumentation cables.

Gulf Cable & Electrical Industries Co KSC Headlines

No Headlines