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Alnabel International For Islamic Investments(Holding) Co (AMM:SANA) Interest Coverage : No Debt (1) (As of Mar. 2024)


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What is Alnabel International For Islamic Investments(Holding) Co Interest Coverage?

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 by its Interest Expense. Alnabel International For Islamic Investments(Holding) Co's Operating Income for the three months ended in Mar. 2024 was JOD-0.02 Mil. Alnabel International For Islamic Investments(Holding) Co's Interest Expense for the three months ended in Mar. 2024 was JOD0.00 Mil. Alnabel International For Islamic Investments(Holding) Co has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Al Sanabel International For Islamic Investments(Holding) PLC Co has no debt.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Alnabel International For Islamic Investments(Holding) Co's Interest Coverage or its related term are showing as below:

AMM:SANA' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


AMM:SANA's Interest Coverage is ranked better than
99.35% of 459 companies
in the Capital Markets industry
Industry Median: 20.56 vs AMM:SANA: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Alnabel International For Islamic Investments(Holding) Co Interest Coverage Historical Data

The historical data trend for Alnabel International For Islamic Investments(Holding) Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Alnabel International For Islamic Investments(Holding) Co Interest Coverage Chart

Alnabel International For Islamic Investments(Holding) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Alnabel International For Islamic Investments(Holding) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage 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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Alnabel International For Islamic Investments(Holding) Co's Interest Coverage

For the Capital Markets subindustry, Alnabel International For Islamic Investments(Holding) Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alnabel International For Islamic Investments(Holding) Co's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Alnabel International For Islamic Investments(Holding) Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Alnabel International For Islamic Investments(Holding) Co's Interest Coverage falls into.



Alnabel International For Islamic Investments(Holding) Co Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Alnabel International For Islamic Investments(Holding) Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Alnabel International For Islamic Investments(Holding) Co's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Alnabel International For Islamic Investments(Holding) Co had no debt (1).

Alnabel International For Islamic Investments(Holding) Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Alnabel International For Islamic Investments(Holding) Co's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Alnabel International For Islamic Investments(Holding) Co had no debt (1).

* 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.


Alnabel International For Islamic Investments(Holding) Co  (AMM:SANA) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Alnabel International For Islamic Investments(Holding) Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Alnabel International For Islamic Investments(Holding) Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Alnabel International For Islamic Investments(Holding) Co (AMM:SANA) Business Description

Traded in Other Exchanges
N/A
Address
38 Abduallah Ghosheh Street, P.O. Box 142701, Taha Al Husany Building, Office 401, Amman, JOR, 11814
Al Sanabel International For Islamic Investments(Holding) PLC Co is a Jordan-based company specializing in the provision of investments and investment banking services. The company offers various financial services such as corporate direct investments, and financial advisory services and many more. Its portfolio of investments includes Syria land, Montenegro investment, and Congo forest.

Alnabel International For Islamic Investments(Holding) Co (AMM:SANA) Headlines

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