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Almunajem Foods (SAU:4162) Interest Expense : ﷼-11 Mil (TTM As of Sep. 2024)


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What is Almunajem Foods Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Almunajem Foods's interest expense for the three months ended in Sep. 2024 was ﷼ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼-11 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. Almunajem Foods's Operating Income for the three months ended in Sep. 2024 was ﷼ 40 Mil. Almunajem Foods's Interest Expense for the three months ended in Sep. 2024 was ﷼ -3 Mil. Almunajem Foods's Interest Coverage for the quarter that ended in Sep. 2024 was 12.72. 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.


Almunajem Foods Interest Expense Historical Data

The historical data trend for Almunajem Foods'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.

Almunajem Foods Interest Expense Chart

Almunajem Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-4.87 -3.76 -2.93 -7.00

Almunajem Foods Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.02 -3.64 -1.45 -2.63 -3.13

Almunajem Foods 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼-11 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.


Almunajem Foods  (SAU:4162) 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.

Almunajem Foods's Interest Expense for the three months ended in Sep. 2024 was ﷼-3 Mil. Its Operating Income for the three months ended in Sep. 2024 was ﷼40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ﷼35 Mil.

Almunajem Foods's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*39.776/-3.127
=12.72

* 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.


Almunajem Foods Business Description

Traded in Other Exchanges
N/A
Address
7510 Takhassusi Street, P O Box 1544, North Mathar, Riyadh, SAU, 11441
Almunajem Foods is a food company engaged in the wholesale and retail trading of fruits, vegetables, cold and frozen poultry and meat, and caned, food products. Asmak, Coopoliva (Agro Sevilla), Dari, Doux, Fletcher, Lamb Weston, Marietta, Montana and others are some of the brands of the company.

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