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Eldav Investments (XTAE:ELDAV-M) Interest Expense : ₪-0.12 Mil (TTM As of Dec. 2024)


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What is Eldav Investments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eldav Investments's interest expense for the six months ended in Dec. 2024 was ₪ 1.52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₪-0.12 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. Eldav Investments's Operating Income for the six months ended in Dec. 2024 was ₪ 25.70 Mil. Eldav Investments's Interest Expense for the six months ended in Dec. 2024 was ₪ 1.52 Mil. Eldav Investments did not have earnings to cover the interest expense. 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.


Eldav Investments Interest Expense Historical Data

The historical data trend for Eldav Investments'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.

Eldav Investments Interest Expense Chart

Eldav Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.42 -0.35 -0.38 -0.10 -0.12

Eldav Investments Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only 1.82 -17.72 17.72 -1.64 1.52

Eldav Investments 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₪-0.12 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.


Eldav Investments  (XTAE:ELDAV-M) 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.

Eldav Investments's Interest Expense for the six months ended in Dec. 2024 was ₪1.52 Mil. Its Operating Income for the six months ended in Dec. 2024 was ₪25.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was ₪0.00 Mil.

Eldav Investments's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

* 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. Eldav Investments Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Eldav Investments Business Description

Traded in Other Exchanges
N/A
Address
Ahad Ha'am 48, Tel Aviv, ISR, 65202
Eldav Investments Ltd is an investment company. It invests in industrial, service, & commercial companies. Through its investments in various companies, it provides historical financial information to institutions & investors, relating to legal, taxation, & land registration. It provides information security and cyber security consulting services.

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