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Emirates Telecommunications Group Co PJSC (ADX:EAND) Interest Expense : د.إ-3,349 Mil (TTM As of Mar. 2024)


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What is Emirates Telecommunications Group Co PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emirates Telecommunications Group Co PJSC's interest expense for the three months ended in Mar. 2024 was د.إ -1,162 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ-3,349 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. Emirates Telecommunications Group Co PJSC's Operating Income for the three months ended in Mar. 2024 was د.إ 4,866 Mil. Emirates Telecommunications Group Co PJSC's Interest Expense for the three months ended in Mar. 2024 was د.إ -1,162 Mil. Emirates Telecommunications Group Co PJSC's Interest Coverage for the quarter that ended in Mar. 2024 was 4.19. 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.


Emirates Telecommunications Group Co PJSC Interest Expense Historical Data

The historical data trend for Emirates Telecommunications Group Co PJSC'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.

Emirates Telecommunications Group Co PJSC Interest Expense Chart

Emirates Telecommunications Group Co PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,100.97 -1,227.32 -1,228.36 -1,692.22 -3,049.54

Emirates Telecommunications Group Co PJSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -862.44 -860.24 -1,309.35 -17.50 -1,161.61

Emirates Telecommunications Group Co PJSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-3,349 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.


Emirates Telecommunications Group Co PJSC  (ADX:EAND) 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.

Emirates Telecommunications Group Co PJSC's Interest Expense for the three months ended in Mar. 2024 was د.إ-1,162 Mil. Its Operating Income for the three months ended in Mar. 2024 was د.إ4,866 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was د.إ42,822 Mil.

Emirates Telecommunications Group Co PJSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*4866.414/-1161.609
=4.19

* 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.


Emirates Telecommunications Group Co PJSC (ADX:EAND) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Rashid Bin Saeed Al Maktoum Street, P.O. Box 3838, Etisalat Building, Intersection of Zayed The 1st Street, Abu Dhabi, ARE
Emirates Telecommunications Group Co PJSC is a telecommunications company. Through its subsidiaries, the company provides telecommunication and consulting services, media services, and equipment to over 15 countries in Asia and Africa. Etisalat specializes in fixed-line services, voice communication, wireless communication, and data communication services.

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