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The Securities House KSC (KUW:SECH) Interest Expense : KWD-0.37 Mil (TTM As of Sep. 2024)


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What is The Securities House KSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Securities House KSC's interest expense for the three months ended in Sep. 2024 was KWD -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was KWD-0.37 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. The Securities House KSC's Operating Income for the three months ended in Sep. 2024 was KWD 0.13 Mil. The Securities House KSC's Interest Expense for the three months ended in Sep. 2024 was KWD -0.10 Mil. The Securities House KSC's Interest Coverage for the quarter that ended in Sep. 2024 was 1.22. 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.

The Securities House KSC Interest Expense Historical Data

The historical data trend for The Securities House 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.

The Securities House KSC Interest Expense Chart

The Securities House KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 - -0.04 -0.09 -0.48

The Securities House KSC 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 -0.09 -0.09 -0.09 -0.09 -0.10

The Securities House 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-0.37 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.

The Securities House KSC  (KUW:SECH) 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.

The Securities House KSC's Interest Expense for the three months ended in Sep. 2024 was KWD-0.10 Mil. Its Operating Income for the three months ended in Sep. 2024 was KWD0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was KWD3.25 Mil.

The Securities House KSC's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*0.127/-0.104
=1.22

* 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.

The Securities House KSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Securities House KSC (KUW:SECH) » Definitions » Interest Expense
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KUW:ASIYA KUW:QIC KUW:INOVEST KUW:COAST KUW:KMEFIC KUW:KPPC KUW:ALSAFAT KUW:NIH KUW:ALOLA KUW:OSOUL BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
N/A
Address
Khalid Ibn Al-Waleed Street, P.O.Box 26972, 18th Floor, Al-Dhow Tower, Sharq, Safat, KWT, 13130
Website
https://www.sh.com.kw
The Securities House KSC is an investment company. Its services include dealing and brokerage in securities, underwriting, and sale of third-party-issued securities, investment trust, and investment monitoring, providing financial advisory and research services, establishing financial, real estate, industrial, and multipurpose investment funds, and companies, fund management on behalf of third parties, investment in real estate and other economic sectors, finance activities and mediation in borrowing and international trade activities. Its segments include Proprietary investment management; Asset management, and advisory services; and commercial activities.

The Securities House KSC Headlines

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