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Al-Rajhi Co For Cooperative Insurance (SAU:8230) Interest Expense : ﷼-7 Mil (TTM As of Mar. 2024)


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What is Al-Rajhi Co For Cooperative Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al-Rajhi Co For Cooperative Insurance's interest expense for the three months ended in Mar. 2024 was ﷼ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼-7 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-Rajhi Co For Cooperative Insurance's Operating Income for the three months ended in Mar. 2024 was ﷼ 0 Mil. Al-Rajhi Co For Cooperative Insurance's Interest Expense for the three months ended in Mar. 2024 was ﷼ 0 Mil. GuruFocus does not calculate Al-Rajhi Co For Cooperative Insurance's interest coverage with the available data. 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.


Al-Rajhi Co For Cooperative Insurance Interest Expense Historical Data

The historical data trend for Al-Rajhi Co For Cooperative Insurance'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.

Al-Rajhi Co For Cooperative Insurance Interest Expense Chart

Al-Rajhi Co For Cooperative Insurance Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.02 -7.70 -13.51 -9.58 -

Al-Rajhi Co For Cooperative Insurance 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 - -2.46 -4.24 - -

Al-Rajhi Co For Cooperative Insurance 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 ﷼-7 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.


Al-Rajhi Co For Cooperative Insurance  (SAU:8230) 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.

Al-Rajhi Co For Cooperative Insurance's Interest Expense for the three months ended in Mar. 2024 was ﷼0 Mil. Its EBIT for the three months ended in Mar. 2024 was ﷼0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼39 Mil.

Al-Rajhi Co For Cooperative Insurance's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Al-Rajhi Co For Cooperative Insurance's interest coverage with the available data.

* 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.


Al-Rajhi Co For Cooperative Insurance (SAU:8230) Business Description

Traded in Other Exchanges
N/A
Address
3485-Ath Thummamah road, P.O.Box 67791, Al Rabie District, Riyadh, SAU, 11517
Al-Rajhi Co For Cooperative Insurance is engaged in the provision of cooperative insurance and reinsurance services. The purpose of the company is to conduct cooperative insurance operations and all related activities including re-takaful and agency activities. Its operating segments include Medical; Motor; Property and Casualty; and Protection and Savings.

Al-Rajhi Co For Cooperative Insurance (SAU:8230) Headlines

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