Discount Investment (XTAE:DISI) Interest Expense : ₪-636 Mil (TTM As of Dec. 2023)

View and export this data going back to 1963. Start your Free Trial

What is Discount Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Discount Investment's interest expense for the three months ended in Dec. 2023 was ₪ 24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₪-636 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. Discount Investment's Operating Income for the three months ended in Dec. 2023 was ₪ -100 Mil. Discount Investment's Interest Expense for the three months ended in Dec. 2023 was ₪ 24 Mil. Discount Investment 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.

Discount Investment Interest Expense Historical Data

The historical data trend for Discount 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.

Discount Investment Interest Expense Chart

Discount Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-614.00

-369.00

-401.00

-635.00

-628.00

Discount Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															2.00	-219.00	-244.00	-197.00	24.00

Discount 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-636 Mil.

Discount Investment (XTAE:DISI) 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.

Discount Investment's Interest Expense for the three months ended in Dec. 2023 was ₪24 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₪-100 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₪10,744 Mil.

Discount Investment's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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. Discount Investment Corp Ltd interest coverage is 1.16, which is low.

Discount Investment (XTAE:DISI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Discount Investment Corp Ltd (XTAE:DISI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Azrieli Center, 44th Floor, Triangle Tower, Tel Aviv, ISR, 6702301

Website

http://www.dic.co.il

Discount Investment Corp Ltd is an Israel-based holding company. The company's main line of business is to invest in other enterprises in a variety of sectors. Its portfolio comprises of domestic and foreign companies which are well established or have a strong growth potential. Discount's investment areas include cellular communications, advanced technologies, retail and food, real estate and construction. It basically invests across three main segments, which are Cellcom, Shufersal and Property and Building Corporation. Shufersal is a retail chains in Israel,cellcom is a cellular operators in the country.

Discount Investment (XTAE:DISI) Headlines

No Headlines