Saudi Lime Industries Co (SAU:9566) Interest Expense : ﷼-2.0 Mil (TTM As of Jun. 2024)

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What is Saudi Lime Industries Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saudi Lime Industries Co's interest expense for the six months ended in Jun. 2024 was ﷼ -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼-2.0 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. Saudi Lime Industries Co's Operating Income for the six months ended in Jun. 2024 was ﷼ 9.6 Mil. Saudi Lime Industries Co's Interest Expense for the six months ended in Jun. 2024 was ﷼ -1.7 Mil. Saudi Lime Industries Co's Interest Coverage for the quarter that ended in Jun. 2024 was 5.79. 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.

Saudi Lime Industries Co Interest Expense Historical Data

The historical data trend for Saudi Lime Industries 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.

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Saudi Lime Industries Co Interest Expense Chart

Saudi Lime Industries Co Annual Data

Trend

Dec22

Dec23

Interest Expense

-0.37

-0.48

Saudi Lime Industries Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	-0.27	-0.11	-0.13	-0.35	-1.66

Saudi Lime Industries 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-2.0 Mil.

Saudi Lime Industries Co (SAU:9566) 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.

Saudi Lime Industries Co's Interest Expense for the six months ended in Jun. 2024 was ﷼-1.7 Mil. Its Operating Income for the six months ended in Jun. 2024 was ﷼9.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was ﷼132.7 Mil.

Saudi Lime Industries Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	9.603	/	-1.658
	=	5.79

The higher the ratio, the stronger the company's financial strength is.

Saudi Lime Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Saudi Lime Industries Co (SAU:9566) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Al-Kharj Road, P.O Box 355208, Second Industrial City, Riyadh, SAU, 11383

Website

https://www.saudilime.com

Saudi Lime Industries Co is engaged in the manufacturing of quick and hydrated lime, quicklime powder, the manufacturing of lime sand bricks of various sizes, and the manufacturing of calcium carbonate. The company's operating segments are; Limestone, Carbonate, Block, and Support services sector. The majority of the company's revenue is generated from the Limestone sector segment which includes the manufacturing of quicklime in various sizes, hydrated lime in all kinds of packing, and dololime of all sizes.

Saudi Lime Industries Co Headlines

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