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Mobile Telecommunications Companyudi Arabia (SAU:7030) Interest Expense : ﷼-335 Mil (TTM As of Mar. 2024)


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What is Mobile Telecommunications Companyudi Arabia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mobile Telecommunications Companyudi Arabia's interest expense for the three months ended in Mar. 2024 was ﷼ -182 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼-335 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. Mobile Telecommunications Companyudi Arabia's Operating Income for the three months ended in Mar. 2024 was ﷼ 251 Mil. Mobile Telecommunications Companyudi Arabia's Interest Expense for the three months ended in Mar. 2024 was ﷼ -182 Mil. Mobile Telecommunications Companyudi Arabia's Interest Coverage for the quarter that ended in Mar. 2024 was 1.38. 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.

Mobile Telecommunications Companyudi Arabia Interest Expense Historical Data

The historical data trend for Mobile Telecommunications Companyudi Arabia'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.

Mobile Telecommunications Companyudi Arabia Interest Expense Chart

Mobile Telecommunications Companyudi Arabia 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 -662.36 -548.16 -274.81 -254.54 -321.19

Mobile Telecommunications Companyudi Arabia 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 -175.58 -158.72 -189.16 195.00 -182.34

Mobile Telecommunications Companyudi Arabia 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 ﷼-335 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.

Mobile Telecommunications Companyudi Arabia  (SAU:7030) 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.

Mobile Telecommunications Companyudi Arabia's Interest Expense for the three months ended in Mar. 2024 was ﷼-182 Mil. Its Operating Income for the three months ended in Mar. 2024 was ﷼251 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼7,609 Mil.

Mobile Telecommunications Companyudi Arabia'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*250.729/-182.337
=1.38

* 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.

Mobile Telecommunications Companyudi Arabia (SAU:7030) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Mobile Telecommunications Company Saudi Arabia (SAU:7030) » Definitions » Interest Expense
Comparable Companies
SAU:7040 SAU:7020 SAU:7202 SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984 CHTR TSE:9434 AMX B SAU:7010 ADX:EAND TSX:BCE
Traded in Other Exchanges
N/A
Address
Granada Business Park - Building A3, Zain in Saudi Arabia, P.O. Box 295814, Riyadh, SAU, 11351
Website
https://www.sa.zain.com
Mobile Telecommunications Company Saudi Arabia serves in the communication sector based in the Middle East. The company is engaged in the purchases, sells, distributes, installs, manages and maintains mobile telephone services and equipment. It also provides consulting services; constructs and repairs telecom towers and others. The firm's Mobile Telecommunications Group derives the majority of its revenue.

Mobile Telecommunications Companyudi Arabia (SAU:7030) Headlines

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