Al Soor Fuel Marketing Co KSC (KUW:SOOR) Interest Expense : KWD0.0 Mil (TTM As of Mar. 2024)

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What is Al Soor Fuel Marketing Co KSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al Soor Fuel Marketing Co KSC's interest expense for the three months ended in Mar. 2024 was KWD 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD0.0 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. Al Soor Fuel Marketing Co KSC's Operating Income for the three months ended in Mar. 2024 was KWD -0.3 Mil. Al Soor Fuel Marketing Co KSC's Interest Expense for the three months ended in Mar. 2024 was KWD 0.0 Mil. GuruFocus does not calculate Al Soor Fuel Marketing Co KSC's interest coverage with the available data. 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.

Al Soor Fuel Marketing Co KSC Interest Expense Historical Data

The historical data trend for Al Soor Fuel Marketing Co 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.

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Al Soor Fuel Marketing Co KSC Interest Expense Chart

Al Soor Fuel Marketing Co KSC Annual Data

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Interest Expense

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Al Soor Fuel Marketing Co KSC Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Al Soor Fuel Marketing Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.0 Mil.

Al Soor Fuel Marketing Co KSC (KUW:SOOR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Al Soor Fuel Marketing Co KSC's Interest Expense for the three months ended in Mar. 2024 was KWD0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was KWD-0.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was KWD5.6 Mil.

Al Soor Fuel Marketing Co KSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Al Soor Fuel Marketing Co KSC's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Al Soor Fuel Marketing Co KSC has enough cash to cover all of its debt. Its financial situation is stable.

Al Soor Fuel Marketing Co KSC (KUW:SOOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Al Soor Fuel Marketing Co KSC (KUW:SOOR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

AlMirqab - Block 3 - Omar bin Al-Khattab Street, P.O. Box 28396, KBT Tower, 14th Floor, Kuwait, KWT, 13144

Website

http://www.soor.com.kw

Al Soor Fuel Marketing Co KSC is engaged in the acquisition, construction, leasing, operation, and maintenance of petrol filling stations. It also constructs, develops, operates, and maintains customer services center at petrol stations. The customer services centers operated by the company provide all services related to cars and vehicles such as oil changes, car wash, maintenance services, repair and technical testing of vehicles, and supermarket services. Its operating segments are Fuel marketing and other related services and Investment operations. The majority of its revenue derives from Fuel marketing and other associated services.

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