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Gas Arabian Services Co (SAU:9528) Interest Expense : ﷼-0 Mil (TTM As of Dec. 2024)


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What is Gas Arabian Services Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gas Arabian Services Co's interest expense for the six months ended in Dec. 2024 was ﷼ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ﷼-0 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. Gas Arabian Services Co's Operating Income for the six months ended in Dec. 2024 was ﷼ 46 Mil. Gas Arabian Services Co's Interest Expense for the six months ended in Dec. 2024 was ﷼ 0 Mil. Gas Arabian Services Co did not have earnings to cover the interest expense. 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.


Gas Arabian Services Co Interest Expense Historical Data

The historical data trend for Gas Arabian Services Co'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.

Gas Arabian Services Co Interest Expense Chart

Gas Arabian Services Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Expense
-2.49 -0.36 -0.38 -0.42

Gas Arabian Services Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial 0.67 -1.20 0.82 -0.42 -

Gas Arabian Services Co 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-0 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.


Gas Arabian Services Co  (SAU:9528) 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.

Gas Arabian Services Co's Interest Expense for the six months ended in Dec. 2024 was ﷼0 Mil. Its Operating Income for the six months ended in Dec. 2024 was ﷼46 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was ﷼3 Mil.

Gas Arabian Services Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Gas Arabian Services Co has enough cash to cover all of its debt. Its financial situation is stable.


Gas Arabian Services Co Business Description

Traded in Other Exchanges
N/A
Address
King Saud Street, P.O. Box 3422, Dammam, SAU, 31471
Gas Arabian Services Co is in the business of wholesale of machinery and equipment, electrical, electronic, mechanical, hydromechanical, petroleum, industrial equipment, drilling equipment, technical equipment, desalination equipment, generators and spare parts, providing operational, maintenance and technical engineering services, manufacturing of piping spools, structural steel fabrication, pressure reducing stations and other industry essential products. Business is organized into three segments being Technical services, Trading and Manufacturing. Substantial revenue is generated from the Trading segment which is engaged in sales of industrial, electrical, mechanical, hydromechanical, petroleum and other technical equipment.

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