Asia Insurance Co (KAR:ASIC) Interest Expense : ₨ Mil (TTM As of . 20)

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What is Asia Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia Insurance Co's interest expense for the three months ended in . 20 was ₨ 0.00 Mil. Asia Insurance Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Asia Insurance Co's Operating Income for the three months ended in . 20 was ₨ 0.00 Mil. Asia Insurance Co's Interest Expense for the three months ended in . 20 was ₨ 0.00 Mil. Asia Insurance Co 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.

Asia Insurance Co Interest Expense Historical Data

The historical data trend for Asia 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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Asia Insurance Co Interest Expense Chart

Asia Insurance Co Annual Data

Trend

Interest Expense

Asia Insurance Co Quarterly Data

Interest Expense

Asia Insurance Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Asia Insurance Co (KAR:ASIC) 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.

Asia Insurance Co's Interest Expense for the three months ended in . 20 was ₨0.00 Mil. Its EBIT for the three months ended in . 20 was ₨0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ₨0.00 Mil.

Asia Insurance Co's Interest Coverage for the quarter that ended in . 20 is calculated as

Asia Insurance Co had no long-term debt ⁽¹⁾.

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

Asia Insurance Co (KAR:ASIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Asia Insurance Co Ltd (KAR:ASIC) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Main Ferozpur Road, 19 C/D Block-L, Gulberg III, Asia House, Lahore, PAK

Website

https://www.asiainsurance.com.pk

Asia Insurance Co Ltd is an insurance company is engaged in non- life insurance business that provides personal, commercial business, and special lines insurance. It offers a range of general insurance products such as fire, theft/burglary, money, marine, worker's compensation, and liability. The operating segments of the company are Fire and Property Damage, Marine Aviation and Transport, Motor, and Miscellaneous.

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