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Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Interest Expense : KWD-0.03 Mil (TTM As of Mar. 2024)


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What is Kuwait Resorts Co KSCC (Muntazahat) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kuwait Resorts Co KSCC (Muntazahat)'s interest expense for the three months ended in Mar. 2024 was KWD 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD-0.03 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. Kuwait Resorts Co KSCC (Muntazahat)'s Operating Income for the three months ended in Mar. 2024 was KWD 0.36 Mil. Kuwait Resorts Co KSCC (Muntazahat)'s Interest Expense for the three months ended in Mar. 2024 was KWD 0.00 Mil. Kuwait Resorts Co KSCC (Muntazahat) has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Kuwait Resorts Co KSCC (Muntazahat) Interest Expense Historical Data

The historical data trend for Kuwait Resorts Co KSCC (Muntazahat)'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.

Kuwait Resorts Co KSCC (Muntazahat) Interest Expense Chart

Kuwait Resorts Co KSCC (Muntazahat) Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.10 -0.05 -0.07 -0.06

Kuwait Resorts Co KSCC (Muntazahat) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.03 -0.02 -0.02 - -

Kuwait Resorts Co KSCC (Muntazahat) 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-0.03 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.


Kuwait Resorts Co KSCC (Muntazahat)  (KUW:MUNTAZAHAT) 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.

Kuwait Resorts Co KSCC (Muntazahat)'s Interest Expense for the three months ended in Mar. 2024 was KWD0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was KWD0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was KWD0.00 Mil.

Kuwait Resorts Co KSCC (Muntazahat)'s Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Kuwait Resorts Co KSCC (Muntazahat) had no long-term debt (1).

* 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.


Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Business Description

Traded in Other Exchanges
N/A
Address
Jaber Al-Mobarak Street, Sheroq Touwer, 5th Floor, P.O. Box 5601, Sharq, Kuwait City, KWT, 13057
Kuwait Resorts Co KSCC (Muntazahat) is engaged in managing, investing, owning selling, and acquiring real estate lands and developing them into hotels, motels, clubs, resorts, parks, exhibitions, restaurants, commercial complexes, and sports clubs. Its activities include the creation and management, operation, investment, and renting of hotels, health clubs, motels and guest houses, rest houses, parks, gardens, galleries, restaurants and cafeterias and residential complexes, resorts and tourist facilities, and health projects, recreational and sports shops at various grades and levels, including all services, assistance, and facilities thereto and other necessary services.

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