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Shuaa Capital PSC (DFM:SHUAA) Interest Expense : د.إ-77.1 Mil (TTM As of Dec. 2023)


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What is Shuaa Capital PSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shuaa Capital PSC's interest expense for the three months ended in Dec. 2023 was د.إ -24.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ-77.1 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. Shuaa Capital PSC's Operating Income for the three months ended in Dec. 2023 was د.إ 325.8 Mil. Shuaa Capital PSC's Interest Expense for the three months ended in Dec. 2023 was د.إ -24.1 Mil. Shuaa Capital PSC's Interest Coverage for the quarter that ended in Dec. 2023 was 13.50. 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.


Shuaa Capital PSC Interest Expense Historical Data

The historical data trend for Shuaa Capital PSC'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.

Shuaa Capital PSC Interest Expense Chart

Shuaa Capital PSC 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 -109.45 -175.85 -92.99 -109.67 -77.08

Shuaa Capital PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -20.72 -13.76 -19.91 -19.29 -24.13

Shuaa Capital PSC 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-77.1 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.


Shuaa Capital PSC  (DFM:SHUAA) 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.

Shuaa Capital PSC's Interest Expense for the three months ended in Dec. 2023 was د.إ-24.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was د.إ325.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was د.إ56.9 Mil.

Shuaa Capital PSC's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*325.767/-24.127
=13.50

* 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.


Shuaa Capital PSC (DFM:SHUAA) Business Description

Traded in Other Exchanges
N/A
Address
The H Hotel Dubai, Offices Tower, 15th floor, Office No. 1502, Dubai, ARE
Shuaa Capital PSC is an investment company that provides a range of asset management, corporate finance advisory, capital markets, lending and credit services to institutions, governments and small and medium-sized enterprises. Its operating segments include Asset Management, Investment Banking, and Corporate. It acts as a banking, finance and investment advisor and a financial and monetary intermediary to the company. The company operates mainly in the Arab region in general, the U.A.E. and G.C.C. markets and is actively involved in public and private capital markets in the region. Majority of its revenue is derived from asset management services.

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