Alahli REIT Fund 1 (SAU:4338) Interest Expense : ﷼-31.4 Mil (TTM As of Jun. 2023)

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What is Alahli REIT Fund 1 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alahli REIT Fund 1's interest expense for the six months ended in Jun. 2023 was ﷼ -18.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ﷼-31.4 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. Alahli REIT Fund 1's Operating Income for the six months ended in Jun. 2023 was ﷼ 43.1 Mil. Alahli REIT Fund 1's Interest Expense for the six months ended in Jun. 2023 was ﷼ -18.1 Mil. Alahli REIT Fund 1's Interest Coverage for the quarter that ended in Jun. 2023 was 2.38. 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.

Alahli REIT Fund 1 Interest Expense Historical Data

The historical data trend for Alahli REIT Fund 1'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.

Alahli REIT Fund 1 Interest Expense Chart

Alahli REIT Fund 1 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-4.47

-12.67

-14.06

-20.85

Alahli REIT Fund 1 Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial						-7.10	-6.96	-7.52	-13.33	-18.07

Alahli REIT Fund 1 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-31.4 Mil.

Alahli REIT Fund 1 (SAU:4338) 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.

Alahli REIT Fund 1's Interest Expense for the six months ended in Jun. 2023 was ﷼-18.1 Mil. Its Operating Income for the six months ended in Jun. 2023 was ﷼43.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ﷼648.0 Mil.

Alahli REIT Fund 1's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	43.061	/	-18.068
	=	2.38

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

Alahli REIT Fund 1 (SAU:4338) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

King Saud Road, P.O. Box 22216, Regional Building of National Commercial Bank, Riyadh, SAU, 11495

Website

https://www.alahlireit.com

Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.

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