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HumanSoft Holding Co KSCP (KUW:HUMANSOFT) Interest Expense : KWD-0.13 Mil (TTM As of Mar. 2024)


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What is HumanSoft Holding Co KSCP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HumanSoft Holding Co KSCP's interest expense for the three months ended in Mar. 2024 was KWD -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD-0.13 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. HumanSoft Holding Co KSCP's Operating Income for the three months ended in Mar. 2024 was KWD 10.35 Mil. HumanSoft Holding Co KSCP's Interest Expense for the three months ended in Mar. 2024 was KWD -0.01 Mil. HumanSoft Holding Co KSCP's Interest Coverage for the quarter that ended in Mar. 2024 was 1,034.70. 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.


HumanSoft Holding Co KSCP Interest Expense Historical Data

The historical data trend for HumanSoft Holding Co KSCP'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.

HumanSoft Holding Co KSCP Interest Expense Chart

HumanSoft Holding Co KSCP 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 -1.29 -0.34 -0.28 -0.18 -0.16

HumanSoft Holding Co KSCP 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 -0.04 -0.03 -0.02 -0.06 -0.01

HumanSoft Holding Co KSCP 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 KWD-0.13 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.


HumanSoft Holding Co KSCP  (KUW:HUMANSOFT) 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.

HumanSoft Holding Co KSCP's Interest Expense for the three months ended in Mar. 2024 was KWD-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was KWD10.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was KWD0.33 Mil.

HumanSoft Holding Co KSCP'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*10.347/-0.01
=1,034.70

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. HumanSoft Holding Co KSCP has enough cash to cover all of its debt. Its financial situation is stable.


HumanSoft Holding Co KSCP (KUW:HUMANSOFT) Business Description

Traded in Other Exchanges
N/A
Address
Ahmad Al-Jaber Street, 4th Floor, Dar Al-Awadhi Tower, Sharq, Kuwait city, KWT, 15300
HumanSoft Holding Co KSCC is Kuwait based company. The company is engaged, along with its subsidiaries, in establishing and managing private universities and colleges, providing computer education, language training, executive courses, and electronic commerce and media. The company is organized in business segments of Higher Education and Others. The company earns the majority of revenue from the Higher education segment.

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