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Hayat Communications Co KSCC (KUW:HAYATCOMM) Interest Expense : KWD-0.60 Mil (TTM As of Sep. 2024)


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What is Hayat Communications Co KSCC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hayat Communications Co KSCC's interest expense for the three months ended in Sep. 2024 was KWD -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was KWD-0.60 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. Hayat Communications Co KSCC's Operating Income for the three months ended in Sep. 2024 was KWD -1.12 Mil. Hayat Communications Co KSCC's Interest Expense for the three months ended in Sep. 2024 was KWD -0.15 Mil. Hayat Communications Co KSCC 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.


Hayat Communications Co KSCC Interest Expense Historical Data

The historical data trend for Hayat Communications Co KSCC'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.

Hayat Communications Co KSCC Interest Expense Chart

Hayat Communications Co KSCC Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 -0.36 -0.30 -0.35 -0.53

Hayat Communications Co KSCC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.14 -0.16 -0.13 -0.16 -0.15

Hayat Communications 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-0.60 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.


Hayat Communications Co KSCC  (KUW:HAYATCOMM) 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.

Hayat Communications Co KSCC's Interest Expense for the three months ended in Sep. 2024 was KWD-0.15 Mil. Its Operating Income for the three months ended in Sep. 2024 was KWD-1.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was KWD3.18 Mil.

Hayat Communications Co KSCC's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Hayat Communications Co KSCC 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.


Hayat Communications Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
Al Argan Business Park, P. O. Box 1668, Kuwait Free Trade Zone, Safat, KWT, 13017
Hayat Communications Co KSCC is focused on the communications sector which provides Trade, Installation, Management, Operation, and Maintanence of Communication devices and Communication Networks and Security. It provides services for the design, supply, build, and management of various types of fixed-line and wireless networks. Its product portfolio of the company includes Equipment shelters, Structural Towers, Green Field Structures, Monopoles, and Guyed Towers among others.

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