Eastern Province Cement Co (SAU:3080) Interest Expense : ﷼-1 Mil (TTM As of Mar. 2024)

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What is Eastern Province Cement Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eastern Province Cement Co's interest expense for the three months ended in Mar. 2024 was ﷼ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼-1 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. Eastern Province Cement Co's Operating Income for the three months ended in Mar. 2024 was ﷼ 75 Mil. Eastern Province Cement Co's Interest Expense for the three months ended in Mar. 2024 was ﷼ -1 Mil. Eastern Province Cement Co's Interest Coverage for the quarter that ended in Mar. 2024 was 51.19. 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.

Eastern Province Cement Co Interest Expense Historical Data

The historical data trend for Eastern Province Cement 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.

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Eastern Province Cement Co Interest Expense Chart

Eastern Province Cement Co Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.36

-3.05

-0.14

-0.27

Eastern Province Cement Co 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															-1.18	-1.39	-1.40	3.70	-1.47

Eastern Province Cement 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼-1 Mil.

Eastern Province Cement Co (SAU:3080) 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.

Eastern Province Cement Co's Interest Expense for the three months ended in Mar. 2024 was ﷼-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was ﷼75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼4 Mil.

Eastern Province Cement Co'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	*	75.142	/	-1.468
	=	51.19

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Eastern Province Cement Co has enough cash to cover all of its debt. Its financial situation is stable.

Eastern Province Cement Co (SAU:3080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Eastern Province Cement Co (SAU:3080) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

King Fahd Road (Dammam - Khobar Highway), P.O. Box 4536, Dammam, SAU, 31412

Website

https://www.epcco.com.sa

Eastern Province Cement Co is engaged in producing different kinds of Building materials. It operates in two segments: Cement, which is into manufacturing and wholesale of ordinary cement, salt-resistant cement, and clinker cement; and Precast segment is into manufacturing of partitions, frames & prefabricated bui8ldings from prefabricated concrete. The cement segment accounts for the majority revenue of the company. Geographically it generates nearly all of its revenue from Saudi Arabia.

Eastern Province Cement Co (SAU:3080) Headlines

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