Taleem REIT Fund (SAU:4333) Interest Expense : ﷼-23.85 Mil (TTM As of Jun. 2024)

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What is Taleem REIT Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taleem REIT Fund's interest expense for the six months ended in Jun. 2024 was ﷼ -11.75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼-23.85 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. Taleem REIT Fund's Operating Income for the six months ended in Jun. 2024 was ﷼ 27.24 Mil. Taleem REIT Fund's Interest Expense for the six months ended in Jun. 2024 was ﷼ -11.75 Mil. Taleem REIT Fund's Interest Coverage for the quarter that ended in Jun. 2024 was 2.32. 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.

Taleem REIT Fund Interest Expense Historical Data

The historical data trend for Taleem REIT Fund'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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Taleem REIT Fund Interest Expense Chart

Taleem REIT Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.20

-2.19

-11.34

-22.59

Taleem REIT Fund Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial					-3.68	-7.66	-10.49	-12.10	-11.75

Taleem REIT Fund 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 semi-annually data reported by the company within the most recent 12 months, which was ﷼-23.85 Mil.

Taleem REIT Fund (SAU:4333) 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.

Taleem REIT Fund's Interest Expense for the six months ended in Jun. 2024 was ﷼-11.75 Mil. Its Operating Income for the six months ended in Jun. 2024 was ﷼27.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was ﷼299.85 Mil.

Taleem REIT Fund'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	*	27.239	/	-11.747
	=	2.32

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Taleem REIT Fund interest coverage is 2.36, which is low.

Taleem REIT Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Taleem REIT Fund (SAU:4333) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 23454, Riyadh, SAU, 11426

Website

https://www.sfc.sa

Taleem REIT Fund is a closed ended real estate investment traded fund that aims to invest in developed real estate properties. The fund is managed by Saudi Fransi Capital.

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