Alliances Developpement Immobilier (CAS:ADI) Interest Expense : MAD-82 Mil (TTM As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Alliances Developpement Immobilier Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alliances Developpement Immobilier's interest expense for the six months ended in Jun. 2023 was MAD -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was MAD-82 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. Alliances Developpement Immobilier's Operating Income for the six months ended in Jun. 2023 was MAD 230 Mil. Alliances Developpement Immobilier's Interest Expense for the six months ended in Jun. 2023 was MAD -40 Mil. Alliances Developpement Immobilier's Interest Coverage for the quarter that ended in Jun. 2023 was 5.80. 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.

Alliances Developpement Immobilier Interest Expense Historical Data

The historical data trend for Alliances Developpement Immobilier'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.

Alliances Developpement Immobilier Interest Expense Chart

Alliances Developpement Immobilier Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-169.35

-44.80

-106.22

-93.03

-86.69

Alliances Developpement Immobilier Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-46.09	-46.94	-44.79	-41.90	-39.72

Alliances Developpement Immobilier 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD-82 Mil.

Alliances Developpement Immobilier (CAS:ADI) 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.

Alliances Developpement Immobilier's Interest Expense for the six months ended in Jun. 2023 was MAD-40 Mil. Its Operating Income for the six months ended in Jun. 2023 was MAD230 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was MAD0 Mil.

Alliances Developpement Immobilier'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	*	230.337	/	-39.722
	=	5.80

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Alliances Developpement Immobilier SA interest coverage is 4.67, which is low.

Alliances Developpement Immobilier (CAS:ADI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alliances Developpement Immobilier SA (CAS:ADI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

16, Rue Ali Abderrazak, Casablanca, MAR

Website

http://www.alliances.co.ma

Alliances Developpement Immobilier SA provides real estate services. Its business activities include development, building, marketing and managing of commercial and residential assets as well as tourist property.