Future Care Trading Co (SAU:9544) Interest Expense : ﷼ Mil (TTM As of Jun. 2023)

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What is Future Care Trading Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Future Care Trading Co's interest expense for the six months ended in Jun. 2023 was ﷼ -0.05 Mil. Future Care Trading Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. Future Care Trading Co's Operating Income for the six months ended in Jun. 2023 was ﷼ 5.75 Mil. Future Care Trading Co's Interest Expense for the six months ended in Jun. 2023 was ﷼ -0.05 Mil. Future Care Trading Co's Interest Coverage for the quarter that ended in Jun. 2023 was 112.76. 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.

Future Care Trading Co Interest Expense Historical Data

The historical data trend for Future Care Trading 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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Future Care Trading Co Interest Expense Chart

Future Care Trading Co Annual Data

Trend

Dec22

Dec23

Interest Expense

-0.18

Future Care Trading Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Interest Expense	-0.06	-0.12	-0.05	-0.13

Future Care Trading Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Future Care Trading Co (SAU:9544) 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.

Future Care Trading Co's Interest Expense for the six months ended in Jun. 2023 was ﷼-0.05 Mil. Its Operating Income for the six months ended in Jun. 2023 was ﷼5.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ﷼1.58 Mil.

Future Care Trading 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	*	5.751	/	-0.051
	=	112.76

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Future Care Trading Co has enough cash to cover all of its debt. Its financial situation is stable.

Future Care Trading Co (SAU:9544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Future Care Trading Co (SAU:9544) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmed Aqilan Street, P.O 6454, Al-Khalidiya District, Jeddah, SAU, 23421

Website

https://www.fc.med.sa

Future Care Trading Co offers home healthcare facilities in the Kingdom of Saudi Arabia, which includes a distinguished group of Healthcare Personnel. Its services comprise Doctor Visits, Nursing Services, Nursing Aid, Physiotherapy, Laboratory Services, Nutrition Services, and Social Services.

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