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Salalah Mills CoOG (MUS:SFMI) Interest Expense : ر.ع-1.75 Mil (TTM As of Jun. 2024)


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What is Salalah Mills CoOG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Salalah Mills CoOG's interest expense for the three months ended in Jun. 2024 was ر.ع -0.35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ر.ع-1.75 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. Salalah Mills CoOG's Operating Income for the three months ended in Jun. 2024 was ر.ع 0.30 Mil. Salalah Mills CoOG's Interest Expense for the three months ended in Jun. 2024 was ر.ع -0.35 Mil. Salalah Mills CoOG's Interest Coverage for the quarter that ended in Jun. 2024 was 0.87. 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.


Salalah Mills CoOG Interest Expense Historical Data

The historical data trend for Salalah Mills 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.

Salalah Mills CoOG Interest Expense Chart

Salalah Mills CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 -0.62 -0.46 -1.48 -1.92

Salalah Mills CoOG Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.46 -0.48 -0.60 -0.33 -0.35

Salalah Mills 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-1.75 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.


Salalah Mills CoOG  (MUS:SFMI) 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.

Salalah Mills CoOG's Interest Expense for the three months ended in Jun. 2024 was ر.ع-0.35 Mil. Its Operating Income for the three months ended in Jun. 2024 was ر.ع0.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ر.ع18.24 Mil.

Salalah Mills CoOG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*0.302/-0.348
=0.87

* 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.


Salalah Mills CoOG Business Description

Traded in Other Exchanges
N/A
Address
Al Awqadain, P.O Box 67, Salalah, OMN, 217
Salalah Mills Co SAOG is engaged in milling of wheat and selling wheat flour, bran and feed in Oman, Africa & other Asian countries. It offers various flour products, Arabic bread flour, home baking flour, Semolina, Harees, Jareesh & other atta products.

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