Ooredoo (MUS:ORDS) Interest Expense : ر.ع-2.9 Mil (TTM As of Dec. 2024)

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What is Ooredoo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ooredoo's interest expense for the six months ended in Dec. 2024 was ر.ع -2.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ر.ع-2.9 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. Ooredoo's Operating Income for the six months ended in Dec. 2024 was ر.ع 18.7 Mil. Ooredoo's Interest Expense for the six months ended in Dec. 2024 was ر.ع -2.9 Mil. Ooredoo's Interest Coverage for the quarter that ended in Dec. 2024 was 6.45. 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.

Ooredoo Interest Expense Historical Data

The historical data trend for Ooredoo'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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Ooredoo Interest Expense Chart

Ooredoo Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-4.10

-4.13

-3.44

-3.63

-2.91

Ooredoo Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Interest Expense	Get a 7-Day Free Trial											-4.10	-4.13	-3.44	-3.63	-2.91

Ooredoo 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. 2024 was ر.ع-2.9 Mil.

Ooredoo (MUS:ORDS) 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.

Ooredoo's Interest Expense for the six months ended in Dec. 2024 was ر.ع-2.9 Mil. Its Operating Income for the six months ended in Dec. 2024 was ر.ع18.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was ر.ع24.5 Mil.

Ooredoo's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	18.749	/	-2.906
	=	6.45

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

Ooredoo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ooredoo (MUS:ORDS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Post Office, P.O. Box 874, Tilal Building, Muscat, OMN, 111

Website

https://www.ooredoo.om

Ooredoo is an Oman-based company operating in the telecom industry. The principal activities of the company are the operation, maintenance, and development of mobile and fixed telecommunications services in the Sultanate of Oman. The company operates through two business segments, namely Mobile and Fixed-line. The Mobile segment is engaged in the operation of Global System for Mobile Communication (GSM) for pre-paid and post-paid services, sale of telecommunication equipment and other associated services. The Fixed-line segment is involved in the provision of international and national voice and data services from fixed line, sale of telecommunication equipment and other associated services. It derives a majority of its revenue from the Mobile segment.

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