Barka Desalination Co (MUS:BRDE) Interest Expense : ر.ع Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Barka Desalination Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Barka Desalination Co's interest expense for the six months ended in Dec. 2023 was ر.ع -4.88 Mil. Barka Desalination Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Barka Desalination Co's Operating Income for the six months ended in Dec. 2023 was ر.ع 4.97 Mil. Barka Desalination Co's Interest Expense for the six months ended in Dec. 2023 was ر.ع -4.88 Mil. Barka Desalination Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1.02. 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.

Barka Desalination Co Interest Expense Historical Data

The historical data trend for Barka Desalination Co'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.

Barka Desalination Co Interest Expense Chart

Barka Desalination Co Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-3.94

-3.14

-4.88

Barka Desalination Co Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Expense	-3.94	-3.14	-4.88

Barka Desalination Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Barka Desalination Co (MUS:BRDE) 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.

Barka Desalination Co's Interest Expense for the six months ended in Dec. 2023 was ر.ع-4.88 Mil. Its Operating Income for the six months ended in Dec. 2023 was ر.ع4.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ر.ع74.03 Mil.

Barka Desalination Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	4.968	/	-4.883
	=	1.02

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Barka Desalination Co interest coverage is 1.02, which is low.

Barka Desalination Co (MUS:BRDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Barka Desalination Co (MUS:BRDE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Wilaj Street, Way No 1013 Al Qurm, PO Box 252, Building No 1022, Office No 16, 1st Floor, Bousher, Muscat, OMN, 103

Website

https://www.barkadesalination.com

Barka Desalination Co is engaged in operation of seawater desalination plant in Oman. The objectives of the Company are to acquire, develop, finance, design, construct, operate, maintain a desalination facility at Barka Independent Water Project, a sea water reverse osmosis (SWRO) plant located in Barka, South Batinah Governorate, Sultanate of Oman.

Barka Desalination Co (MUS:BRDE) Headlines

No Headlines