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Express Kenya (NAI:XPRS) Interest Expense : KES-37.96 Mil (TTM As of Dec. 2023)


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What is Express Kenya Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Express Kenya's interest expense for the six months ended in Dec. 2023 was KES -37.96 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was KES-37.96 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. Express Kenya's Operating Income for the six months ended in Dec. 2023 was KES -92.36 Mil. Express Kenya's Interest Expense for the six months ended in Dec. 2023 was KES -37.96 Mil. Express Kenya 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.


Express Kenya Interest Expense Historical Data

The historical data trend for Express Kenya'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.

Express Kenya Interest Expense Chart

Express Kenya Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.79 -8.94 -8.03 -34.34 -37.96

Express Kenya Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.79 -8.94 -8.03 -34.34 -37.96

Express Kenya 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. 2023 was KES-37.96 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.


Express Kenya  (NAI:XPRS) 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.

Express Kenya's Interest Expense for the six months ended in Dec. 2023 was KES-37.96 Mil. Its Operating Income for the six months ended in Dec. 2023 was KES-92.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was KES401.43 Mil.

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

Express Kenya did not have earnings to cover the interest expense.

* 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.


Express Kenya Business Description

Traded in Other Exchanges
N/A
Address
Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100
Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as logistics services. It operates through the following segments: Clearing and Forwarding, Warehousing, and Real Estate. The Clearing and Forwarding segment includes the distribution of products to various parts of the country. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties.

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