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First Jordan Investment (AMM:FRST) Interest Expense : JOD-0.87 Mil (TTM As of Mar. 2024)


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What is First Jordan Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Jordan Investment's interest expense for the three months ended in Mar. 2024 was JOD -0.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was JOD-0.87 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. First Jordan Investment's Operating Income for the three months ended in Mar. 2024 was JOD 0.07 Mil. First Jordan Investment's Interest Expense for the three months ended in Mar. 2024 was JOD -0.32 Mil. First Jordan Investment's Interest Coverage for the quarter that ended in Mar. 2024 was 0.21. 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.


First Jordan Investment Interest Expense Historical Data

The historical data trend for First Jordan Investment'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.

First Jordan Investment Interest Expense Chart

First Jordan Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.80 -0.76 -0.67 -0.52 -0.72

First Jordan Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.17 -0.23 -0.14 -0.18 -0.32

First Jordan Investment 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was JOD-0.87 Mil.

* 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.


First Jordan Investment  (AMM:FRST) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Jordan Investment's Interest Expense for the three months ended in Mar. 2024 was JOD-0.32 Mil. Its Operating Income for the three months ended in Mar. 2024 was JOD0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was JOD0.00 Mil.

First Jordan Investment's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.069/-0.322
=0.21

* 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.

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


First Jordan Investment (AMM:FRST) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Bin Rawaha Street, P.O.Box 17532, Sixth Floor, Rabia Towers Building No. 4, Amman, JOR, 11195
First Jordan Investment is an investment company. It invests in economic, financial, real estate, industrial, tourism, trade, and services industry in Jordan and abroad. The company operates in two segments that is Investments and Real Estate. First Jordan derives most of its revenues from Real estate segment.