Al-Takaful Palestinian Insurance (XPAE:TIC) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)

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What is Al-Takaful Palestinian Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al-Takaful Palestinian Insurance's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 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-Takaful Palestinian Insurance's Operating Income for the three months ended in Dec. 2023 was $ 0.00 Mil. Al-Takaful Palestinian Insurance's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. GuruFocus does not calculate Al-Takaful Palestinian 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-Takaful Palestinian Insurance Interest Expense Historical Data

The historical data trend for Al-Takaful Palestinian 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.

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Al-Takaful Palestinian Insurance Interest Expense Chart

Al-Takaful Palestinian Insurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.06

-0.04

-0.07

-0.05

Al-Takaful Palestinian Insurance 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															-	-	-	-	-

Al-Takaful Palestinian 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Al-Takaful Palestinian Insurance (XPAE:TIC) 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.

Al-Takaful Palestinian Insurance's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its EBIT for the three months ended in Dec. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.25 Mil.

Al-Takaful Palestinian Insurance's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Al-Takaful Palestinian Insurance's interest coverage with the available data.

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

Al-Takaful Palestinian Insurance (XPAE:TIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al-Takaful Palestinian Insurance (XPAE:TIC) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Abraj House, 2nd floor, Box: 1444, Ein Munjed, Ramallah, PSE

Website

https://www.altakaful-ins.ps

Al-Takaful Palestinian Insurance is a Palestine-based company that is engaged in providing multiple insurance programs and services that is compliant with Shariah. The company provides Medical insurance, which provides insurance for general and physician doctors, pharmacies, laboratories, and X-rays; Motor insurance, which provides insurance for theft, collision, and fire; Family insurance, which provides insurance for natural death, accidental death, and other; and General insurance. The company sells its insurance via branches, offices, and authorized dealers.

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