Armah Sports Co (SAU:9590) Interest Expense : ﷼-18.1 Mil (TTM As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Armah Sports Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Armah Sports Co's interest expense for the six months ended in Jun. 2024 was ﷼ -10.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼-18.1 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. Armah Sports Co's Operating Income for the six months ended in Jun. 2024 was ﷼ 20.6 Mil. Armah Sports Co's Interest Expense for the six months ended in Jun. 2024 was ﷼ -10.6 Mil. Armah Sports Co's Interest Coverage for the quarter that ended in Jun. 2024 was 1.95. 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.

Armah Sports Co Interest Expense Historical Data

The historical data trend for Armah Sports 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.

Armah Sports Co Interest Expense Chart

Armah Sports Co Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-4.27

-11.29

Armah Sports Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Interest Expense	-	-3.74	-7.56	-10.56

Armah Sports 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 ﷼-18.1 Mil.

Armah Sports Co (SAU:9590) 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.

Armah Sports Co's Interest Expense for the six months ended in Jun. 2024 was ﷼-10.6 Mil. Its Operating Income for the six months ended in Jun. 2024 was ﷼20.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was ﷼305.0 Mil.

Armah Sports 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	*	20.557	/	-10.564
	=	1.95

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

Armah Sports Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Armah Sports Co (SAU:9590) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Takhassusi Street, P.O. Box 3894, Al-Nakheel District, Riyadh, SAU, 12382

Website

https://www.armahsports.com

Armah Sports Co is a company whose primary activities include operating facilities, sport centers, retail sales of sports apparel, and providing food services in sport facilities, salons, and other sports activities. The company operates into two geographical segments: Central region and Western region. It derives maximum revenue from Western Region.

Armah Sports Co Headlines

No Headlines