GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alinma Retail REIT Fund (SAU:4345) » Definitions » Interest Expense

Alinma Retail REIT Fund (SAU:4345) Interest Expense : ﷼-4.47 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Alinma Retail REIT Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alinma Retail REIT Fund's interest expense for the six months ended in Dec. 2023 was ﷼ -2.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼-4.47 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. Alinma Retail REIT Fund's Operating Income for the six months ended in Dec. 2023 was ﷼ 9.68 Mil. Alinma Retail REIT Fund's Interest Expense for the six months ended in Dec. 2023 was ﷼ -2.48 Mil. Alinma Retail REIT Fund's Interest Coverage for the quarter that ended in Dec. 2023 was 3.90. 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.


Alinma Retail REIT Fund Interest Expense Historical Data

The historical data trend for Alinma Retail 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.

* Premium members only.

Alinma Retail REIT Fund Interest Expense Chart

Alinma Retail REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.35 -0.34 -0.33 -0.31 -4.47

Alinma Retail REIT Fund Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.16 -0.16 -0.15 -1.99 -2.48

Alinma Retail 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-4.47 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.


Alinma Retail REIT Fund  (SAU:4345) 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.

Alinma Retail REIT Fund's Interest Expense for the six months ended in Dec. 2023 was ﷼-2.48 Mil. Its Operating Income for the six months ended in Dec. 2023 was ﷼9.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ﷼61.42 Mil.

Alinma Retail REIT Fund's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*9.68/-2.481
=3.90

* 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.


Alinma Retail REIT Fund (SAU:4345) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 55560, Al Anoud Tower 2, Riyadh, SAU, 11544
Alinma Retail REIT Fund is a closed-end real estate investment traded fund. The company invests in real estate assets within the Kingdom of Saudi Arabia to generate periodic rental income and potential of capital appreciation. It is focusing on the retail sector which includes retail shopping malls.

Alinma Retail REIT Fund (SAU:4345) Headlines

No Headlines