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Knowledge Tower Trading Co (SAU:9551) Interest Expense : ﷼-0.01 Mil (TTM As of Sep. 2023)


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What is Knowledge Tower Trading Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Knowledge Tower Trading Co's interest expense for the six months ended in Sep. 2023 was ﷼ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ﷼-0.01 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. Knowledge Tower Trading Co's Operating Income for the six months ended in Sep. 2023 was ﷼ 5.23 Mil. Knowledge Tower Trading Co's Interest Expense for the six months ended in Sep. 2023 was ﷼ -0.00 Mil. Knowledge Tower Trading Co's Interest Coverage for the quarter that ended in Sep. 2023 was 5,230.00. 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.


Knowledge Tower Trading Co Interest Expense Historical Data

The historical data trend for Knowledge Tower Trading 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.

Knowledge Tower Trading Co Interest Expense Chart

Knowledge Tower Trading Co Annual Data
Trend Mar21 Mar22 Mar23
Interest Expense
-0.03 -0.03 -0.02

Knowledge Tower Trading Co Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial -0.01 -0.02 -0.01 -0.01 -

Knowledge Tower Trading 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-0.01 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.


Knowledge Tower Trading Co  (SAU:9551) 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.

Knowledge Tower Trading Co's Interest Expense for the six months ended in Sep. 2023 was ﷼-0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was ﷼5.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ﷼0.00 Mil.

Knowledge Tower Trading Co's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*5.23/-0.001
=5,230.00

* 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. Knowledge Tower Trading Co has enough cash to cover all of its debt. Its financial situation is stable.


Knowledge Tower Trading Co (SAU:9551) Business Description

Traded in Other Exchanges
N/A
Address
Ibn Yaqout Al-Hamawi Road, Al-Muraikbat District, Dammam, SAU, 7222 -32253
Knowledge Tower Trading Co is engaged in marketing and selling educational books for schools, universities, training institutes, and government educational institutions, developing educational programs for schools, providing electronic educational platforms, providing modern educational resources for training, and designing educational models.

Knowledge Tower Trading Co (SAU:9551) Headlines

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