Academy of Learning Co (SAU:9541) Interest Expense : ﷼-0.84 Mil (TTM As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Academy of Learning Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Academy of Learning Co's interest expense for the six months ended in Jun. 2023 was ﷼ -0.57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ﷼-0.84 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. Academy of Learning Co's Operating Income for the six months ended in Jun. 2023 was ﷼ 14.01 Mil. Academy of Learning Co's Interest Expense for the six months ended in Jun. 2023 was ﷼ -0.57 Mil. Academy of Learning Co's Interest Coverage for the quarter that ended in Jun. 2023 was 24.74. 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.

Academy of Learning Co Interest Expense Historical Data

The historical data trend for Academy of Learning 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.

Academy of Learning Co Interest Expense Chart

Academy of Learning Co Annual Data

Trend

Dec21

Dec22

Interest Expense

-0.58

-0.45

Academy of Learning Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Interest Expense	-	-0.18	-0.27	-0.57

Academy of Learning 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-0.84 Mil.

Academy of Learning Co (SAU:9541) 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.

Academy of Learning Co's Interest Expense for the six months ended in Jun. 2023 was ﷼-0.57 Mil. Its Operating Income for the six months ended in Jun. 2023 was ﷼14.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ﷼31.11 Mil.

Academy of Learning Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	14.005	/	-0.566
	=	24.74

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

Academy of Learning Co (SAU:9541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Academy of Learning Co (SAU:9541) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arabian Gulf Road, Ash Shati Ash Sharqi, Dammam, SAU, 32414

Website

https://www.aol.edu.sa

Academy of Learning Co works in the education and training sector in the Kingdom of Saudi Arabia through education and training institutes in various regions. The company prepares its students to join the job market and equips them with the necessary practical experience through different accredited diploma programs. The activity of the company is wholesale of computers and their accessories, including (selling printers and their inks), administrative training institutes. It provides educational services and has one sector, which is the educational activity. The company operates in the Kingdom of Saudi Arabia and has no geographical sector.

Academy of Learning Co (SAU:9541) Headlines

No Headlines