Sameer Africa (NAI:SMER) Interest Expense : KES-38.2 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Sameer Africa Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sameer Africa's interest expense for the six months ended in Dec. 2023 was KES 31.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was KES-38.2 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. Sameer Africa's Operating Income for the six months ended in Dec. 2023 was KES 96.6 Mil. Sameer Africa's Interest Expense for the six months ended in Dec. 2023 was KES 31.1 Mil. Sameer Africa did not have earnings to cover the interest expense. 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.

Sameer Africa Interest Expense Historical Data

The historical data trend for Sameer Africa'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.

Sameer Africa Interest Expense Chart

Sameer Africa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-73.36

-69.93

-56.84

-38.60

-38.16

Sameer Africa Semi-Annual Data
	Dec12	Dec13	Jun14	Dec14	Jun15	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-27.52	-31.64	-6.97	-69.27	31.12

Sameer Africa 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was KES-38.2 Mil.

Sameer Africa (NAI:SMER) 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.

Sameer Africa's Interest Expense for the six months ended in Dec. 2023 was KES31.1 Mil. Its Operating Income for the six months ended in Dec. 2023 was KES96.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was KES540.7 Mil.

Sameer Africa's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Sameer Africa Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sameer Africa Ltd (NAI:SMER) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mombasa Road Junction, PO Box 30429, LR No. 12081/9, Nairobi, KEN, 00100

Website

https://www.sameerafrica.com

Sameer Africa Ltd engages in the manufacturing and distribution of tyres and allied products and the letting of investment property. The company operates through four business segments: sourcing and distribution, regional operations, Yana tyre centre, and rental business where the sourcing and distribution segment is engaged in the manufacturing and distribution of tires, tubes, and flaps, the regional operations segment engages in the buying and distribution of tires, tubes, and flaps in the Eastern Africa region, Yana tyre center segment is involved in the retailing of tires, tubes, and flaps, and the provision of tire-related services and the rental business segment is engaged in the letting of investment properties.

Sameer Africa Headlines

No Headlines