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Theeb Car Rental Co (SAU:4261) Cash Paid for Insurance Activities


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What is Theeb Car Rental Co Cash Paid for Insurance Activities?

Cash Paid for Insurance Activities only applicable to companies reporting Cash Flow from Operations in direct method.


Theeb Car Rental Co (SAU:4261) Business Description

Industry
Traded in Other Exchanges
N/A
Address
North Ring Road, between Exit 12 and 13, P.O. Box 9551, Al Rawda District, Riyadh, SAU, 11423
Theeb Car Rental Co is engaged in car rental and leasing. It operates in three segments namely: Short term lease; Long term lease; and Other. Short term lease segment represents activities involving the leasing of cars to customers under short-term rental arrangements (daily and monthly). Long term lease segment represents activities involving the leasing of cars to customers under medium to longer-term operating lease arrangements. Car sales (others) represents the sales of vehicles that were previously held as a part of the lease or rental fleet. Majority of revenue is generated from Short term lease.