Al Kathiri Holding Co (SAU:3008) Interest Expense : ﷼-11.8 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Al Kathiri Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al Kathiri Holding Co's interest expense for the three months ended in Mar. 2024 was ﷼ -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼-11.8 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. Al Kathiri Holding Co's Operating Income for the three months ended in Mar. 2024 was ﷼ 2.6 Mil. Al Kathiri Holding Co's Interest Expense for the three months ended in Mar. 2024 was ﷼ -2.7 Mil. Al Kathiri Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.96. 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.

Al Kathiri Holding Co Interest Expense Historical Data

The historical data trend for Al Kathiri Holding Co'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.

Al Kathiri Holding Co Interest Expense Chart

Al Kathiri Holding Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1.46

-0.10

-2.36

-3.33

-9.80

Al Kathiri 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 Expense	Get a 7-Day Free Trial															-0.71	-2.58	-2.98	-3.52	-2.74

Al Kathiri Holding Co 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 ﷼-11.8 Mil.

Al Kathiri Holding Co (SAU:3008) 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.

Al Kathiri Holding Co's Interest Expense for the three months ended in Mar. 2024 was ﷼-2.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ﷼2.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼117.0 Mil.

Al Kathiri Holding Co'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	*	2.637	/	-2.74
	=	0.96

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

Al Kathiri Holding Co (SAU:3008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Al Kathiri Holding Co (SAU:3008) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Yazid bin Abdullah bin, Unit No. 19, Abdulrahman - Al - Malqa District, Riyadh, SAU, 13523-6695

Website

https://www.alkathiriholding.com

Al Kathiri Holding Co is engaged in the building materials business. The company transfers, distributes, and sells cement to local markets in all regions of the Kingdom, mainly the markets of the central region and the western region. It also distributes and supplies raw materials for the production of ready-made concrete of all kinds. The company has established a prefabricated concrete plant. The activities of the company later expanded to include the production of ready-mixed concrete and the manufacture of Imdo panels.

Al Kathiri Holding Co (SAU:3008) Headlines

No Headlines