Arabian Internet and Communications Services Co (SAU:7202) Interest Expense : ﷼-78 Mil (TTM As of Mar. 2024)

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What is Arabian Internet and Communications Services Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arabian Internet and Communications Services Co's interest expense for the three months ended in Mar. 2024 was ﷼ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼-78 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. Arabian Internet and Communications Services Co's Operating Income for the three months ended in Mar. 2024 was ﷼ 370 Mil. Arabian Internet and Communications Services Co's Interest Expense for the three months ended in Mar. 2024 was ﷼ -17 Mil. Arabian Internet and Communications Services Co's Interest Coverage for the quarter that ended in Mar. 2024 was 21.21. 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.

Arabian Internet and Communications Services Co Interest Expense Historical Data

The historical data trend for Arabian Internet and Communications Services 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.

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Arabian Internet and Communications Services Co Interest Expense Chart

Arabian Internet and Communications Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-2.54

-1.07

-16.06

-76.08

Arabian Internet and Communications Services Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-15.55	-25.93	-15.68	-18.64	-17.45

Arabian Internet and Communications Services 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 ﷼-78 Mil.

Arabian Internet and Communications Services Co (SAU:7202) 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.

Arabian Internet and Communications Services Co's Interest Expense for the three months ended in Mar. 2024 was ﷼-17 Mil. Its Operating Income for the three months ended in Mar. 2024 was ﷼370 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼573 Mil.

Arabian Internet and Communications Services 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	*	370.203	/	-17.452
	=	21.21

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

Arabian Internet and Communications Services Co (SAU:7202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Arabian Internet and Communications Services Co (SAU:7202) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Olaya Street, P.O. Box 50, Riyadh, SAU, 11372

Website

https://www.solutions.com.sa

Arabian Internet and Communications Services Co is an information and communication company. The company has three segments namely Core ICT Services, IT Managed and Operational Services and Digital Services. It derives majority of the revenue from Core ICT Services.

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