Saudi Arabian Cooperative Insurance Co (SAU:8100) Interest Expense : ﷼0.0 Mil (TTM As of Mar. 2024)

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What is Saudi Arabian Cooperative Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saudi Arabian Cooperative Insurance Co's interest expense for the three months ended in Mar. 2024 was ﷼ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼0.0 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. Saudi Arabian Cooperative Insurance Co's Operating Income for the three months ended in Mar. 2024 was ﷼ 0.0 Mil. Saudi Arabian Cooperative Insurance Co's Interest Expense for the three months ended in Mar. 2024 was ﷼ 0.0 Mil. Saudi Arabian Cooperative Insurance 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.

Saudi Arabian Cooperative Insurance Co Interest Expense Historical Data

The historical data trend for Saudi Arabian Cooperative Insurance 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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Saudi Arabian Cooperative Insurance Co Interest Expense Chart

Saudi Arabian Cooperative Insurance Co Annual Data

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Interest Expense

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Saudi Arabian Cooperative Insurance Co Quarterly Data
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Saudi Arabian Cooperative Insurance 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 ﷼0.0 Mil.

Saudi Arabian Cooperative Insurance Co (SAU:8100) 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.

Saudi Arabian Cooperative Insurance Co's Interest Expense for the three months ended in Mar. 2024 was ﷼0.0 Mil. Its EBIT for the three months ended in Mar. 2024 was ﷼0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼0.0 Mil.

Saudi Arabian Cooperative Insurance Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Saudi Arabian Cooperative Insurance Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Saudi Arabian Cooperative Insurance Co has no debt.

Saudi Arabian Cooperative Insurance Co (SAU:8100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Saudi Arabian Cooperative Insurance Co (SAU:8100) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Platinum Center, Salahuddin Street, P.O. Box- 58073, Riyadh, SAU, 11594

Website

https://www.saico.com.sa

Saudi Arabian Cooperative Insurance Co provides various insurance and reinsurance services. It offers insurance services in the fields of vehicles, medical, sea shipment, fire, engineering, aviation, power, group life insurance and accidents. The objective of the Company is to transact cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. The Company's lines of business include all classes of general and medical insurance.

Saudi Arabian Cooperative Insurance Co (SAU:8100) Headlines

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