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National Cable & Wire Manufacturing (AMM:WIRE) Interest Expense : JOD-0.55 Mil (TTM As of Sep. 2023)


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What is National Cable & Wire Manufacturing Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Cable & Wire Manufacturing's interest expense for the three months ended in Sep. 2023 was JOD -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was JOD-0.55 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. National Cable & Wire Manufacturing's Operating Income for the three months ended in Sep. 2023 was JOD -0.39 Mil. National Cable & Wire Manufacturing's Interest Expense for the three months ended in Sep. 2023 was JOD -0.06 Mil. National Cable & Wire Manufacturing did not have earnings to cover the interest expense. 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.


National Cable & Wire Manufacturing Interest Expense Historical Data

The historical data trend for National Cable & Wire Manufacturing'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.

National Cable & Wire Manufacturing Interest Expense Chart

National Cable & Wire Manufacturing Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.82 -0.69 -0.40 -0.32 -0.66

National Cable & Wire Manufacturing Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.18 -0.17 -0.17 -0.15 -0.06

National Cable & Wire Manufacturing 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was JOD-0.55 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.


National Cable & Wire Manufacturing  (AMM:WIRE) 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.

National Cable & Wire Manufacturing's Interest Expense for the three months ended in Sep. 2023 was JOD-0.06 Mil. Its Operating Income for the three months ended in Sep. 2023 was JOD-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was JOD2.86 Mil.

National Cable & Wire Manufacturing's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

National Cable & Wire Manufacturing did not have earnings to cover the interest expense.

* 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.


National Cable & Wire Manufacturing (AMM:WIRE) Business Description

Traded in Other Exchanges
N/A
Address
Golden Jubilee area, P.O. Box 927104, Zarqa, Amman, JOR, 11190
National Cable & Wire Manufacturing is engaged in producing wires and cables of copper or aluminum conductors insulated/sheathed ordinary or special types or synthetic rubber. It provides various products such as Coaxial cables, Control cables, PVC insulated wires, Power cables, Concentric and service cables, Flexible cables, Telephone cables, and others.

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