Commercial Facilities CoK (KUW:FACIL) Interest Expense : KWD-5.15 Mil (TTM As of Dec. 2023)

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What is Commercial Facilities CoK Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Commercial Facilities CoK's interest expense for the three months ended in Dec. 2023 was KWD -1.33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was KWD-5.15 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. Commercial Facilities CoK's Operating Income for the three months ended in Dec. 2023 was KWD Mil. Commercial Facilities CoK's Interest Expense for the three months ended in Dec. 2023 was KWD Mil. 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.

Commercial Facilities CoK Interest Expense Historical Data

The historical data trend for Commercial Facilities CoK'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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Commercial Facilities CoK Interest Expense Chart

Commercial Facilities CoK Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-5.73

-3.46

-2.34

-3.66

-5.15

Commercial Facilities CoK Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.17	-1.26	-1.27	-1.30	-1.33

Commercial Facilities CoK 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-5.15 Mil.

Commercial Facilities CoK (KUW:FACIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Commercial Facilities Co SAK (KUW:FACIL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Al-Ahmed Street, Sharq, P.O.Box 24284, Safat, Kuwait City, KWT, 13103

Website

http://www.cfc-kw.com

Commercial Facilities Co SAK is a Kuwait-based company engaged in the provision of instalment credit facilities to finance consumer and commercial products. Its services include financing new and used cars, boats, marine equipment, furniture and electrical appliances, basic construction materials, and granting personal cash loans, among others. The company's services fall into four divisions, including Consumer Loans, Cash Loans, Commercial Loans, and Basic Materials Loans. The company also offers its services through online.

Commercial Facilities CoK (KUW:FACIL) Headlines

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