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Naseej for Technology Co (SAU:9538) Interest Expense : ﷼-1.6 Mil (TTM As of Dec. 2023)


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What is Naseej for Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Naseej for Technology Co's interest expense for the six months ended in Dec. 2023 was ﷼ -1.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼-1.6 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. Naseej for Technology Co's Operating Income for the six months ended in Dec. 2023 was ﷼ 15.0 Mil. Naseej for Technology Co's Interest Expense for the six months ended in Dec. 2023 was ﷼ -1.2 Mil. Naseej for Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 was 12.64. 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.


Naseej for Technology Co Interest Expense Historical Data

The historical data trend for Naseej for Technology 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.

Naseej for Technology Co Interest Expense Chart

Naseej for Technology Co Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-0.08 -0.59 -1.63

Naseej for Technology Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial -0.05 -0.05 -0.54 -0.45 -1.19

Naseej for Technology 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-1.6 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.


Naseej for Technology Co  (SAU:9538) 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.

Naseej for Technology Co's Interest Expense for the six months ended in Dec. 2023 was ﷼-1.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was ﷼15.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ﷼2.3 Mil.

Naseej for Technology Co'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*14.992/-1.186
=12.64

* 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.


Naseej for Technology Co (SAU:9538) Business Description

Traded in Other Exchanges
N/A
Address
Al-Ahsa Road,, P.O Box : 20129, Building Number 7593, Ground floor, Riyadh, SAU, 11455
Naseej for Technology Co offers comprehensive digital transformation solutions for academic and educational institutions, knowledge and cultural centers, government organizations, and large corporations. The company's reportable segments are KAM solutions, Education solutions and E-solutions.

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