AME Company for Medical Supplies (SAU:9527) Interest Expense : ﷼-0.7 Mil (TTM As of Dec. 2023)

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What is AME Company for Medical Supplies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AME Company for Medical Supplies's interest expense for the six months ended in Dec. 2023 was ﷼ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼-0.7 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. AME Company for Medical Supplies's Operating Income for the six months ended in Dec. 2023 was ﷼ 12.8 Mil. AME Company for Medical Supplies's Interest Expense for the six months ended in Dec. 2023 was ﷼ -0.5 Mil. AME Company for Medical Supplies's Interest Coverage for the quarter that ended in Dec. 2023 was 23.48. 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.

AME Company for Medical Supplies Interest Expense Historical Data

The historical data trend for AME Company for Medical Supplies'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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AME Company for Medical Supplies Interest Expense Chart

AME Company for Medical Supplies Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.25

-0.35

-0.65

AME Company for Medical Supplies Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-0.15	-0.06	-0.29	-0.11	-0.55

AME Company for Medical Supplies 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 ﷼-0.7 Mil.

AME Company for Medical Supplies (SAU:9527) 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.

AME Company for Medical Supplies's Interest Expense for the six months ended in Dec. 2023 was ﷼-0.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was ﷼12.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ﷼1.4 Mil.

AME Company for Medical Supplies'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	*	12.822	/	-0.546
	=	23.48

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. AME Company for Medical Supplies has enough cash to cover all of its debt. Its financial situation is stable.

AME Company for Medical Supplies (SAU:9527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AME Company for Medical Supplies (SAU:9527) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, P.O. Box 11544, Jeddah, SAU, 21463

Website

https://www.ame.med.sa

AME Company for Medical Supplies is engaged in providing medical devices and equipment. It generates maximum revenue from the medical supplies segment. The Company is engaged in wholesale and retail trade which mainly includes perfumes, cosmetics, orthotic devices, medical supplies, decorative soap, incense, veterinary medicine and medical equipment.

AME Company for Medical Supplies (SAU:9527) Headlines

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