Al Fajar AL Alamia CoOG (MUS:AFAI) Interest Expense: ر.ع-0.84 Mil (TTM As of Mar. 2019)

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What is Al Fajar AL Alamia CoOG Interest Expense?

Al Fajar AL Alamia CoOG MUS:AFAI Interest Expense is ر.ع-0.84 Mil as of Mar. 2019.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al Fajar AL Alamia CoOG's interest expense for the three months ended in Mar. 2019 was ر.ع -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2019 was ر.ع-0.84 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 Fajar AL Alamia CoOG's Operating Income for the three months ended in Mar. 2019 was ر.ع 0.78 Mil. Al Fajar AL Alamia CoOG's Interest Expense for the three months ended in Mar. 2019 was ر.ع -0.24 Mil. Al Fajar AL Alamia CoOG's Interest Coverage for the quarter that ended in Mar. 2019 was 3.31. 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 Fajar AL Alamia CoOG  (MUS:AFAI) 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.

Al Fajar AL Alamia CoOG's Interest Expense for the three months ended in Mar. 2019 was ر.ع-0.24 Mil. Its Operating Income for the three months ended in Mar. 2019 was ر.ع0.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2019 was ر.ع3.28 Mil.

Al Fajar AL Alamia CoOG's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2019 )/Interest Expense (Q: Mar. 2019 )
=-1*0.778/-0.235
=3.31

* 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.

Al Fajar AL Alamia CoOG Interest Expense Historical Data

* Premium members only.

The historical data trend for Al Fajar AL Alamia CoOG'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.

Al Fajar AL Alamia CoOG Interest Expense Chart

Al Fajar AL Alamia CoOG Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.88 -0.72 -0.61 -0.73 -0.77

Al Fajar AL Alamia CoOG Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -0.19 -0.18 -0.21 -0.21 -0.24

Al Fajar AL Alamia CoOG 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-0.84 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 ر.ع-0.84 Mil mean?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a Interest Expense of ر.ع-0.84 Mil as of Mar. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Al Fajar AL Alamia CoOG and its competitors.
Is Al Fajar AL Alamia CoOG's Interest Expense too high?
Al Fajar AL Alamia CoOG's current Interest Expense is ر.ع-0.84 Mil.
How does Al Fajar AL Alamia CoOG's Interest Expense compare to SND?
Al Fajar AL Alamia CoOG's Interest Expense of ر.ع-0.84 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Interest Expense depends on the Metals & Mining 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 Al Fajar AL Alamia CoOG and its competitors. Al Fajar AL Alamia CoOG's current Interest Expense is ر.ع-0.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Fajar AL Alamia CoOG stock overvalued right now?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a current Interest Expense of ر.ع-0.84 Mil. The current Interest Expense is ر.ع-0.84 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 Al Fajar AL Alamia CoOG (MUS:AFAI), the current Interest Expense is ر.ع-0.84 Mil as of Mar. 2019. 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.

Al Fajar AL Alamia CoOG Business Description

Address Ghala Industrial Estate, Block No: 260, Plot no: 969, Complex no: 260, Street no: 6037, Building no: 2822, City Center Al Qurum, Muscat, OMN, 102
Al Fajar AL Alamia Co SAOG along with its subsidiaries engages in the manufacture and sale of industrial grade explosives. The company primarily manufactures, packages and stores ammonium nitrate, fuel oil (ANFO) and emulsion explosives. ANFO explosives are priced lower than emulsion high explosives and are used in larger quantities. It also provide service of import and storage of initiating systems and drilling accessories. The group operates in two segments:Explosives manufacturing and trading segment includes manufacture and sale of explosives. The Drilling and blasting segment engages in the business of providing drilling and blasting services. It provide services to roads, pipelines, dams, tunnels, undersea blasting for ports, mining and quarrying companies.