Canadian Medical Center Co (SAU:9518) Interest Expense : ﷼-0.7 Mil (TTM As of Dec. 2023)

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What is Canadian Medical Center Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canadian Medical Center Co's interest expense for the six months ended in Dec. 2023 was ﷼ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼-0.7 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. Canadian Medical Center Co's Operating Income for the six months ended in Dec. 2023 was ﷼ 7.6 Mil. Canadian Medical Center Co's Interest Expense for the six months ended in Dec. 2023 was ﷼ -0.3 Mil. Canadian Medical Center Co's Interest Coverage for the quarter that ended in Dec. 2023 was 23.64. 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.

Canadian Medical Center Co Interest Expense Historical Data

The historical data trend for Canadian Medical Center 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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Canadian Medical Center Co Interest Expense Chart

Canadian Medical Center Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.56

-0.46

-0.68

-0.66

Canadian Medical Center Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-0.20	-0.29	-0.39	-0.34	-0.32

Canadian Medical Center 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-0.7 Mil.

Canadian Medical Center Co (SAU:9518) 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.

Canadian Medical Center Co's Interest Expense for the six months ended in Dec. 2023 was ﷼-0.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was ﷼7.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ﷼3.5 Mil.

Canadian Medical Center Co'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	*	7.59	/	-0.321
	=	23.64

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

Canadian Medical Center Co (SAU:9518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Canadian Medical Center Co (SAU:9518) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Khobar - Abqaiq, Dammam, SAU

Website

https://sa.canadian-mc.com

Canadian Medical Center Co is engaged in providing medical services. Activities of the company are management of hospitals and health centers and trade in hospital tools and equipment and ambulances. It has one sector which is the activity of medical services, and geographically only operates in the Kingdom of Saudi Arabia.

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