Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) Interest Expense: KWD-3.0 Mil (TTM As of Sep. 2014)

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What is Taiba Kuwaiti Holding Co KSC Interest Expense?

Taiba Kuwaiti Holding Co KSC KUW:TAIBA Interest Expense is KWD-3.0 Mil as of Sep. 2014.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taiba Kuwaiti Holding Co KSC's interest expense for the three months ended in Sep. 2014 was KWD -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was KWD-3.0 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. Taiba Kuwaiti Holding Co KSC's Operating Income for the three months ended in Sep. 2014 was KWD 69.6 Mil. Taiba Kuwaiti Holding Co KSC's Interest Expense for the three months ended in Sep. 2014 was KWD -1.1 Mil. Taiba Kuwaiti Holding Co KSC's Interest Coverage for the quarter that ended in Sep. 2014 was 64.26. 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.

Taiba Kuwaiti Holding Co KSC  (KUW:TAIBA) 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.

Taiba Kuwaiti Holding Co KSC's Interest Expense for the three months ended in Sep. 2014 was KWD-1.1 Mil. Its Operating Income for the three months ended in Sep. 2014 was KWD69.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2014 was KWD2.2 Mil.

Taiba Kuwaiti Holding Co KSC's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2014 )/Interest Expense (Q: Sep. 2014 )
=-1*69.598/-1.083
=64.26

* 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.

Taiba Kuwaiti Holding Co KSC Interest Expense Historical Data

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The historical data trend for Taiba Kuwaiti Holding 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.

Taiba Kuwaiti Holding Co KSC Interest Expense Chart

Taiba Kuwaiti Holding Co KSC Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense
-1.47 -1.21 0.00 -0.22 -0.23

Taiba Kuwaiti Holding Co KSC Quarterly Data
Mar12 Jun12 Sep12 Jun13 Sep13 Jun14 Sep14
Interest Expense Get a 7-Day Free Trial 0.00 -0.34 -0.09 -1.89 -1.08

Taiba Kuwaiti Holding 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 Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-3.0 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of KWD-3.0 Mil mean?
Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) has a Interest Expense of KWD-3.0 Mil as of Sep. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on Taiba Kuwaiti Holding Co KSC and its competitors.
Is Taiba Kuwaiti Holding Co KSC's Interest Expense too high?
Taiba Kuwaiti Holding Co KSC's current Interest Expense is KWD-3.0 Mil.
How does Taiba Kuwaiti Holding Co KSC's Interest Expense compare to competitors?
Taiba Kuwaiti Holding Co KSC's Interest Expense of KWD-3.0 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Credit Services company?
A good Interest Expense depends on the Credit Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Taiba Kuwaiti Holding Co KSC and its competitors. Taiba Kuwaiti Holding Co KSC's current Interest Expense is KWD-3.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiba Kuwaiti Holding Co KSC stock overvalued right now?
Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) has a current Interest Expense of KWD-3.0 Mil. The current Interest Expense is KWD-3.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Taiba Kuwaiti Holding Co KSC (KUW:TAIBA), the current Interest Expense is KWD-3.0 Mil as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Taiba Kuwaiti Holding Co KSC Business Description

Comparable Companies KUW:ARZANKUW:FACIL
Taiba Kuwaiti Holding Co operates as an investment holding company. It holds shares of other companies, extends loans to investee companies, provides guarantees for third parties and acquires industrial trademarks, among others.