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Almogim Holdings (XTAE:ALMA) Interest Expense : ₪-11.9 Mil (TTM As of Jun. 2019)


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What is Almogim Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Almogim Holdings's interest expense for the three months ended in Jun. 2019 was ₪ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was ₪-11.9 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. Almogim Holdings's Operating Income for the three months ended in Jun. 2019 was ₪ 0.8 Mil. Almogim Holdings's Interest Expense for the three months ended in Jun. 2019 was ₪ -0.7 Mil. Almogim Holdings's Interest Coverage for the quarter that ended in Jun. 2019 was 1.07. 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.


Almogim Holdings Interest Expense Historical Data

The historical data trend for Almogim Holdings'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.

Almogim Holdings Interest Expense Chart

Almogim Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Interest Expense
-2.42 -13.14 -12.58 -11.40

Almogim Holdings Quarterly Data
Mar16 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Dec19
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.28 -8.18 -1.69 -0.71 -

Almogim Holdings 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-11.9 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.


Almogim Holdings  (XTAE:ALMA) 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.

Almogim Holdings's Interest Expense for the three months ended in Jun. 2019 was ₪-0.7 Mil. Its Operating Income for the three months ended in Jun. 2019 was ₪0.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2019 was ₪119.4 Mil.

Almogim Holdings's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2019 )/Interest Expense (Q: Jun. 2019 )
=-1*0.761/-0.713
=1.07

* 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.


Almogim Holdings Business Description

Traded in Other Exchanges
N/A
Address
2 Hammer Street, PO Box 2058, Tirat Carmel, ISR, 3912001
Almogim Holdings Ltd is a real estate company. The company develops residential houses in Israel.

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