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Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Interest Expense : ﷼2 Mil (TTM As of Mar. 2024)


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What is Al Hassan Ghazi Ibrahim Shaker Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al Hassan Ghazi Ibrahim Shaker's interest expense for the three months ended in Mar. 2024 was ﷼ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼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. Al Hassan Ghazi Ibrahim Shaker's Operating Income for the three months ended in Mar. 2024 was ﷼ 35 Mil. Al Hassan Ghazi Ibrahim Shaker's Interest Expense for the three months ended in Mar. 2024 was ﷼ -10 Mil. Al Hassan Ghazi Ibrahim Shaker's Interest Coverage for the quarter that ended in Mar. 2024 was 3.54. 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.


Al Hassan Ghazi Ibrahim Shaker Interest Expense Historical Data

The historical data trend for Al Hassan Ghazi Ibrahim Shaker'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.

Al Hassan Ghazi Ibrahim Shaker Interest Expense Chart

Al Hassan Ghazi Ibrahim Shaker Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.02 -0.78 -0.36 -0.45 -0.72

Al Hassan Ghazi Ibrahim Shaker Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -12.28 -12.30 -11.77 35.63 -9.84

Al Hassan Ghazi Ibrahim Shaker 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼2 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.


Al Hassan Ghazi Ibrahim Shaker  (SAU:1214) 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.

Al Hassan Ghazi Ibrahim Shaker's Interest Expense for the three months ended in Mar. 2024 was ﷼-10 Mil. Its Operating Income for the three months ended in Mar. 2024 was ﷼35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼11 Mil.

Al Hassan Ghazi Ibrahim Shaker's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*34.845/-9.835
=3.54

* 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.


Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Near the Raval Tower, P.O.Box 5124, Shaker Group Building, Alsahafa District, Riyadh, SAU, 11422
Al Hassan Ghazi Ibrahim Shaker is engaged in the trading and wholesale parts, electronic equipment, household equipment and air-conditioners, and maintenance. It also provides agency services for companies in the same business. The company trades for the brands like LG, maytag, Ariston, Indesit, Midea, and Kitchen aid.

Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Headlines

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