Arriyadh Development Co (SAU:4150) Interest Expense : ﷼-2.6 Mil (TTM As of Jun. 2024)

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

What is Arriyadh Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arriyadh Development Co's interest expense for the three months ended in Jun. 2024 was ﷼ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼-2.6 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. Arriyadh Development Co's Operating Income for the three months ended in Jun. 2024 was ﷼ 33.7 Mil. Arriyadh Development Co's Interest Expense for the three months ended in Jun. 2024 was ﷼ -0.7 Mil. Arriyadh Development Co's Interest Coverage for the quarter that ended in Jun. 2024 was 51.51. 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.

Arriyadh Development Co Interest Expense Historical Data

The historical data trend for Arriyadh Development 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.

* Premium members only.

Arriyadh Development Co Interest Expense Chart

Arriyadh Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-2.49

-3.26

-3.08

-2.90

-2.71

Arriyadh Development Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.70	-0.68	-0.65	-0.65	-0.66

Arriyadh Development 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼-2.6 Mil.

Arriyadh Development Co (SAU:4150) 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.

Arriyadh Development Co's Interest Expense for the three months ended in Jun. 2024 was ﷼-0.7 Mil. Its Operating Income for the three months ended in Jun. 2024 was ﷼33.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ﷼43.2 Mil.

Arriyadh Development Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	33.738	/	-0.655
	=	51.51

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. Arriyadh Development Co has enough cash to cover all of its debt. Its financial situation is stable.

Arriyadh Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arriyadh Development Co (SAU:4150) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, Al-Dirah District, P.O. Box 94542, Riyadh, SAU, `11614

Website

https://www.riyadh.dev

Arriyadh Development Co is functional in the Saudi Arabian real estate sector. The Operating Division accounts for the major portion of the company's revenue. It is concerned with the operational projects that are in the Attameer market for vegetables and fruits, Attameer Public Transportation Center and Attameer International Car Auction.. The Lease division covers s the company's leasing projects, which are related to Attameer Wholesale Center, Attameer Center for meat, vegetables and fruits, Riyadh Attameer Market, and the Land Sale division includes the sale of developed areas.

Arriyadh Development Co Headlines

No Headlines