Ready Made Clothes (IQS:IRMC) Interest Expense : ع.د Mil (TTM As of . 20)

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What is Ready Made Clothes Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ready Made Clothes's interest expense for the three months ended in . 20 was ع.د 0.00 Mil. Ready Made Clothes does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Ready Made Clothes's Operating Income for the three months ended in . 20 was ع.د 0.00 Mil. Ready Made Clothes's Interest Expense for the three months ended in . 20 was ع.د 0.00 Mil. Ready Made Clothes 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.

Ready Made Clothes Interest Expense Historical Data

The historical data trend for Ready Made Clothes'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.

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Ready Made Clothes Interest Expense Chart

Ready Made Clothes Annual Data

Trend

Interest Expense

Ready Made Clothes Quarterly Data

Interest Expense

Ready Made Clothes Interest Expense Calculation

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

Ready Made Clothes (IQS:IRMC) 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.

Ready Made Clothes's Interest Expense for the three months ended in . 20 was ع.د0.00 Mil. Its Operating Income for the three months ended in . 20 was ع.د0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ع.د0.00 Mil.

Ready Made Clothes's Interest Coverage for the quarter that ended in . 20 is calculated as

Ready Made Clothes had no long-term debt ⁽¹⁾.

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

Ready Made Clothes (IQS:IRMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ready Made Clothes (IQS:IRMC) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Near MIB, Al-Mahmoudia, Baghdad, IRQ

Website

Ready Made Clothes manufactures cloth and accessories. The company markets its products throughout Iraq.

Ready Made Clothes (IQS:IRMC) Headlines

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