Investcorp Capital (ADX:ICAP) Interest Expense : د.إ Mil (TTM As of Jun. 2023)

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What is Investcorp Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Investcorp Capital's interest expense for the six months ended in Jun. 2023 was د.إ -7.3 Mil. Investcorp Capital 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. Investcorp Capital's Operating Income for the six months ended in Jun. 2023 was د.إ 393.0 Mil. Investcorp Capital's Interest Expense for the six months ended in Jun. 2023 was د.إ -7.3 Mil. Investcorp Capital's Interest Coverage for the quarter that ended in Jun. 2023 was 53.50. 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.

Investcorp Capital Interest Expense Historical Data

The historical data trend for Investcorp Capital'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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Investcorp Capital Interest Expense Chart

Investcorp Capital Annual Data

Trend

Jun21

Jun22

Jun23

Interest Expense

-7.35

-3.67

-7.35

Investcorp Capital Semi-Annual Data
	Jun21	Jun22	Jun23
Interest Expense	-7.35	-3.67	-7.35

Investcorp Capital Interest Expense Calculation

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

Investcorp Capital (ADX:ICAP) 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.

Investcorp Capital's Interest Expense for the six months ended in Jun. 2023 was د.إ-7.3 Mil. Its Operating Income for the six months ended in Jun. 2023 was د.إ393.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was د.إ150.6 Mil.

Investcorp Capital'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	*	393.009	/	-7.346
	=	53.50

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. Investcorp Capital Plc has enough cash to cover all of its debt. Its financial situation is stable.

Investcorp Capital (ADX:ICAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Investcorp Capital Plc (ADX:ICAP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Sila Tower 8th Floor, P.O. Box 36961, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, ARE

Website

https://www.investcorp.com

Investcorp Capital Plc is a company whose main purpose is providing of capital and capital financing services in the alternative investments industry.