Tam Development Co (SAU:9570) Interest Expense : ﷼ Mil (TTM As of Dec. 2022)

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What is Tam Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tam Development Co's interest expense for the three months ended in Dec. 2022 was ﷼ 0.0 Mil. Tam Development Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. Tam Development Co's Operating Income for the three months ended in Dec. 2022 was ﷼ 0.0 Mil. Tam Development Co's Interest Expense for the three months ended in Dec. 2022 was ﷼ 0.0 Mil. Tam Development Co has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Tam Development Co Interest Expense Historical Data

The historical data trend for Tam Development 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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Tam Development Co Interest Expense Chart

Tam Development Co Annual Data

Trend

Dec22

Dec23

Interest Expense

-0.14

-0.55

Tam Development Co Quarterly Data
	Dec22	Dec23
Interest Expense	-	-

Tam Development Co Interest Expense Calculation

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

Tam Development Co (SAU:9570) 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.

Tam Development Co's Interest Expense for the three months ended in Dec. 2022 was ﷼0.0 Mil. Its Operating Income for the three months ended in Dec. 2022 was ﷼0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was ﷼0.0 Mil.

Tam Development Co's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Tam Development Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Tam Development Co has no debt.

Tam Development Co (SAU:9570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tam Development Co (SAU:9570) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Road Riyadh 8428, Unit No 11119, Grand Tower, 10th Floor, Additional No 4250, Riyadh, SAU, 12363

Website

https://www.tam.sa

Tam Development Co is a Saudi-based management consultancy firm. It offers a model that integrates digital solutions and advisory services, partnering with its clients to lead public impact.

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