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Land Development of Nimrodi Group (XTAE:ILDC) Interest Expense : ₪-350.2 Mil (TTM As of Dec. 2024)


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What is Land Development of Nimrodi Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Land Development of Nimrodi Group's interest expense for the three months ended in Dec. 2024 was ₪ -57.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₪-350.2 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. Land Development of Nimrodi Group's Operating Income for the three months ended in Dec. 2024 was ₪ 71.6 Mil. Land Development of Nimrodi Group's Interest Expense for the three months ended in Dec. 2024 was ₪ -57.9 Mil. Land Development of Nimrodi Group's Interest Coverage for the quarter that ended in Dec. 2024 was 1.24. 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.


Land Development of Nimrodi Group Interest Expense Historical Data

The historical data trend for Land Development of Nimrodi Group'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.

Land Development of Nimrodi Group Interest Expense Chart

Land Development of Nimrodi Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.28 -145.12 -226.51 -252.12 -350.21

Land Development of Nimrodi Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.66 -52.69 -120.02 -119.55 -57.95

Land Development of Nimrodi Group 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 quarterly data reported by the company within the most recent 12 months, which was ₪-350.2 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.


Land Development of Nimrodi Group  (XTAE:ILDC) 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.

Land Development of Nimrodi Group's Interest Expense for the three months ended in Dec. 2024 was ₪-57.9 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₪71.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₪5,249.8 Mil.

Land Development of Nimrodi Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*71.626/-57.949
=1.24

* 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.


Land Development of Nimrodi Group Business Description

Traded in Other Exchanges
N/A
Address
30 Sheshet Hayamim Street, Champion Tower, Bnei Brak, ISR, 5120261
Land Development of Nimrodi Group Ltd owns and manages a chain of hotels in Israel. The company's area of activity includes Urban renewal, department stores, residential towers, commercial towers, and other properties.

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