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Al Hassan Engineering CoOG (MUS:HECI) Interest Expense : ر.ع-1.63 Mil (TTM As of Dec. 2020)


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What is Al Hassan Engineering CoOG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al Hassan Engineering CoOG's interest expense for the six months ended in Dec. 2020 was ر.ع -1.63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2020 was ر.ع-1.63 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 Hassan Engineering CoOG's Operating Income for the six months ended in Dec. 2020 was ر.ع 1.72 Mil. Al Hassan Engineering CoOG's Interest Expense for the six months ended in Dec. 2020 was ر.ع -1.63 Mil. Al Hassan Engineering CoOG's Interest Coverage for the quarter that ended in Dec. 2020 was 1.05. 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 Hassan Engineering CoOG Interest Expense Historical Data

The historical data trend for Al Hassan Engineering 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.

* Premium members only.

Al Hassan Engineering CoOG Interest Expense Chart

Al Hassan Engineering CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.04 -1.88 -2.42 -2.30 -1.63

Al Hassan Engineering CoOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 -2.04 -1.88 -2.42 -2.30 -1.63

Al Hassan Engineering CoOG Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2020 was ر.ع-1.63 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.


Al Hassan Engineering CoOG  (MUS:HECI) 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 Hassan Engineering CoOG's Interest Expense for the six months ended in Dec. 2020 was ر.ع-1.63 Mil. Its Operating Income for the six months ended in Dec. 2020 was ر.ع1.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2020 was ر.ع41.27 Mil.

Al Hassan Engineering CoOG's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2020 )/Interest Expense (Q: Dec. 2020 )
=-1*1.715/-1.629
=1.05

* 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 Hassan Engineering CoOG (MUS:HECI) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, P.O Box 1948, Muscat, OMN, 112
Al Hassan Engineering Co SAOG is a contracting company providing electrical, mechanical, instrumentation and civil contracting services to the Oil, Gas and Petrochemicals, Power, Water and Wastewater sectors. The company also provides fabrication that includes design, fabrication, and repair of pressure vessels and boilers and maintenance services across all sectors. It derives its revenues from the contracting services it provides to various sectors.

Al Hassan Engineering CoOG (MUS:HECI) Headlines

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