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Kardan NV (XTAE:KRNV-M) Interest Expense : ₪-407.38 Mil (TTM As of Dec. 2024)


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What is Kardan NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kardan NV's interest expense for the six months ended in Dec. 2024 was ₪ -407.38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₪-407.38 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. Kardan NV's Operating Income for the six months ended in Dec. 2024 was ₪ 8.34 Mil. Kardan NV's Interest Expense for the six months ended in Dec. 2024 was ₪ -407.38 Mil. Kardan NV's Interest Coverage for the quarter that ended in Dec. 2024 was 0.02. 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.

Kardan NV Interest Expense Historical Data

The historical data trend for Kardan NV'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.

Kardan NV Interest Expense Chart

Kardan NV 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 -180.71 -166.15 -164.72 -225.82 -407.38

Kardan NV Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 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 -180.71 -166.15 -164.72 -225.82 -407.38

Kardan NV Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₪-407.38 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.

Kardan NV  (XTAE:KRNV-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.

Kardan NV's Interest Expense for the six months ended in Dec. 2024 was ₪-407.38 Mil. Its Operating Income for the six months ended in Dec. 2024 was ₪8.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was ₪143.72 Mil.

Kardan NV'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*8.337/-407.383
=0.02

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kardan NVs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Kardan NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kardan NV (XTAE:KRNV-M) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Kingsfordweg 151, Amsterdam, NH, NLD, 1043
Website
https://www.kardan.nl
Kardan NV is an investment company. The company through its subsidiaries is engaged in the development of real estate. Real estate includes the development of residential apartments, mixed-use projects, and combination shopping centers with residential and small office apartments. The company reports in the following segments: Real estate development, and Real Estate Investment property. The Real Estate Investment Property segment derives its key revenue and includes the results of the operation of the Galleria Dalian shopping mall; the Real-Estate Development segment includes the results of the residential development of the Europark Dalian project and others. The company's activity is geographically concentrated since it operates only within China.

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