Al Gassim Investment Holding Co (SAU:6020) Interest Expense : ﷼0.00 Mil (TTM As of Mar. 2024)

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What is Al Gassim Investment Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al Gassim Investment Holding Co's interest expense for the three months ended in Mar. 2024 was ﷼ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼0.00 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. Al Gassim Investment Holding Co's Operating Income for the three months ended in Mar. 2024 was ﷼ -0.40 Mil. Al Gassim Investment Holding Co's Interest Expense for the three months ended in Mar. 2024 was ﷼ 0.00 Mil. Al Gassim Investment Holding Co has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Al Gassim Investment Holding Co Interest Expense Historical Data

The historical data trend for Al Gassim Investment Holding Co'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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Al Gassim Investment Holding Co Interest Expense Chart

Al Gassim Investment Holding Co Annual Data

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Al Gassim Investment Holding Co Quarterly Data
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Al Gassim Investment Holding Co 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 ﷼0.00 Mil.

Al Gassim Investment Holding Co (SAU:6020) 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.

Al Gassim Investment Holding Co's Interest Expense for the three months ended in Mar. 2024 was ﷼0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ﷼-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼0.00 Mil.

Al Gassim Investment Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Al Gassim Investment Holding Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Al Gassim Investment Holding Co has no debt.

Al Gassim Investment Holding Co (SAU:6020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Al Gassim Investment Holding Co (SAU:6020) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Road West, P.O. Box 2210, Qassim, Buraidah, SAU, 51451

Website

Al Gassim Investment Holding Co is engaged in the agricultural and livestock businesses. It also imports and transports cereals, fodder, and agricultural equipment.

Al Gassim Investment Holding Co (SAU:6020) Headlines

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