Meshulam Levinstein Contracting & Engineering (XTAE:LEVI) Interest Expense : ₪-56.9 Mil (TTM As of Dec. 2024)

View and export this data going back to 1982. Start your Free Trial

What is Meshulam Levinstein Contracting & Engineering Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meshulam Levinstein Contracting & Engineering's interest expense for the three months ended in Dec. 2024 was ₪ -10.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₪-56.9 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. Meshulam Levinstein Contracting & Engineering's Operating Income for the three months ended in Dec. 2024 was ₪ 33.6 Mil. Meshulam Levinstein Contracting & Engineering's Interest Expense for the three months ended in Dec. 2024 was ₪ -10.0 Mil. Meshulam Levinstein Contracting & Engineering's Interest Coverage for the quarter that ended in Dec. 2024 was 3.36. 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.

Meshulam Levinstein Contracting & Engineering Interest Expense Historical Data

The historical data trend for Meshulam Levinstein Contracting & Engineering'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.

Meshulam Levinstein Contracting & Engineering Interest Expense Chart

Meshulam Levinstein Contracting & Engineering Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-26.27

-25.04

-33.56

-57.75

-56.91

Meshulam Levinstein Contracting & Engineering 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															-10.90	-14.59	-16.16	-16.16	-10.00

Meshulam Levinstein Contracting & Engineering 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 ₪-56.9 Mil.

Meshulam Levinstein Contracting & Engineering (XTAE:LEVI) 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.

Meshulam Levinstein Contracting & Engineering's Interest Expense for the three months ended in Dec. 2024 was ₪-10.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₪33.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₪984.3 Mil.

Meshulam Levinstein Contracting & Engineering'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	*	33.581	/	-9.996
	=	3.36

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

Meshulam Levinstein Contracting & Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Meshulam Levinstein Contracting & Engineering Ltd (XTAE:LEVI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Menachem Begin Road, Tel Aviv, ISR

Website

http://www.levinstein.co.il

Meshulam Levinstein Contracting & Engineering Ltd is an Israel-based company. It is engaged in the engineering, construction, and real estate businesses. The company constructs and develops office buildings, public buildings, and buildings for the hi-tech industry, housing units, apartment buildings, and residential neighborhoods, and shopping centers and commercial buildings. It also focuses on infrastructure work, bridge building, and construction contracting activities.