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Salalah Port Services Co (MUS:SPSI) Interest Expense : ر.ع-1.18 Mil (TTM As of Dec. 2024)


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What is Salalah Port Services Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Salalah Port Services Co's interest expense for the three months ended in Dec. 2024 was ر.ع -0.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ر.ع-1.18 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 Port Services Co's Operating Income for the three months ended in Dec. 2024 was ر.ع 0.01 Mil. Salalah Port Services Co's Interest Expense for the three months ended in Dec. 2024 was ر.ع -0.48 Mil. Salalah Port Services Co's Interest Coverage for the quarter that ended in Dec. 2024 was 0.01. 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 Port Services Co Interest Expense Historical Data

The historical data trend for Salalah Port Services 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.

Salalah Port Services Co Interest Expense Chart

Salalah Port Services Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.78 -0.71 -0.64 -0.60 -1.18

Salalah Port Services Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.17 -0.14 -0.18 -0.38 -0.48

Salalah Port Services Co 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-1.18 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 Port Services Co  (MUS:SPSI) 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 Port Services Co's Interest Expense for the three months ended in Dec. 2024 was ر.ع-0.48 Mil. Its Operating Income for the three months ended in Dec. 2024 was ر.ع0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ر.ع22.19 Mil.

Salalah Port Services Co'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*0.005/-0.478
=0.01

* 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 Port Services Co Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 369, Salalah, OMN, 211
Salalah Port Services Co operates the Port of Salalah, which is in the east-west shipping lane of the Sultanate of Oman. Its port activity includes leasing, equipping, operating, and managing Terminals and Cargo. The group operates with two business divisions; Container Terminal and General Cargo Terminal. Its geographical area of operation includes Oman, Europe, Asia, and others of which the Europe region accounts for a larger share of the revenue.

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