Carbacid Investments (NAI:CARB) Interest Expense : KES-256 Mil (TTM As of Jan. 2024)

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What is Carbacid Investments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carbacid Investments's interest expense for the six months ended in Jan. 2024 was KES -133 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was KES-256 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. Carbacid Investments's Operating Income for the six months ended in Jan. 2024 was KES 488 Mil. Carbacid Investments's Interest Expense for the six months ended in Jan. 2024 was KES -133 Mil. Carbacid Investments's Interest Coverage for the quarter that ended in Jan. 2024 was 3.68. 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.

Carbacid Investments Interest Expense Historical Data

The historical data trend for Carbacid Investments'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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Carbacid Investments Interest Expense Chart

Carbacid Investments Annual Data

Trend

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Interest Expense

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-3.40

-16.44

Carbacid Investments Semi-Annual Data
	Jul11	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Interest Expense	Get a 7-Day Free Trial											-110.52	-132.88	-132.25	-123.04	-132.65

Carbacid Investments 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was KES-256 Mil.

Carbacid Investments (NAI:CARB) 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.

Carbacid Investments's Interest Expense for the six months ended in Jan. 2024 was KES-133 Mil. Its Operating Income for the six months ended in Jan. 2024 was KES488 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was KES0 Mil.

Carbacid Investments's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	488.11	/	-132.646
	=	3.68

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

Carbacid Investments (NAI:CARB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Carbacid Investments PLC (NAI:CARB) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Eldama Ravine Close, Off Eldama Ravine Road, PO Box 764, ALN House, Westlands, Nairobi, KEN, 00606

Website

https://www.carbacid.com

Carbacid Investments PLC is an investment and holding company with three subsidiaries. The main activities of the business are mining and marketing of carbon dioxide gas and investment. These are organized in the following operating segments, Trading, and Investment. It derives substantial revenue from trading activities. It caters to domestic and overseas markets. Key revenue is derived from the sale of Carbon dioxide gas.