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Inovest BSC (KUW:INOVEST) Interest Expense : KWD-0.04 Mil (TTM As of Dec. 2024)


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What is Inovest BSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inovest BSC's interest expense for the three months ended in Dec. 2024 was KWD 0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was KWD-0.04 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. Inovest BSC's Operating Income for the three months ended in Dec. 2024 was KWD -0.29 Mil. Inovest BSC's Interest Expense for the three months ended in Dec. 2024 was KWD 0.02 Mil. Inovest BSC 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.


Inovest BSC Interest Expense Historical Data

The historical data trend for Inovest BSC'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.

Inovest BSC Interest Expense Chart

Inovest BSC 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 -0.05 -0.11 -0.11 -0.05 -0.01

Inovest BSC 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 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 0.02 -0.01 -0.04 -0.01 0.02

Inovest BSC 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-0.04 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.


Inovest BSC  (KUW:INOVEST) 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.

Inovest BSC's Interest Expense for the three months ended in Dec. 2024 was KWD0.02 Mil. Its Operating Income for the three months ended in Dec. 2024 was KWD-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was KWD0.05 Mil.

Inovest BSC's Interest Coverage for the quarter that ended in Dec. 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.


Inovest BSC Business Description

Traded in Other Exchanges
N/A
Address
King Faisal Street, Bahrain Financial Harbour, 35th Floor, P.O. Box 18334, East Tower, Manama, BHR
Inovest BSC is an investment company. The principal business activity of the company includes all types of investments, including direct investment and securities, and varied investment funds; establishing and managing various investment funds; and dealing in financial instruments in the local, regional and international markets. Its segments are Investment and related services, Construction contracts, Development and sale of industrial plots and Property and facility management services. Key revenue is generated from the construction contracts segment.

Inovest BSC Headlines

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