The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Ending Cash Position : ﷼661 Mil (As of Mar. 2024)

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What is The Mediterranean and Gulf Insurance and Reinsurance Co Ending Cash Position?

The Mediterranean and Gulf Insurance and Reinsurance Co's Ending Cash Position for the quarter that ended in Mar. 2024 was ﷼661 Mil.

The Mediterranean and Gulf Insurance and Reinsurance Co's quarterly Ending Cash Position declined from Sep. 2023 (﷼515 Mil) to Dec. 2023 (﷼441 Mil) but then increased from Dec. 2023 (﷼441 Mil) to Mar. 2024 (﷼661 Mil).

The Mediterranean and Gulf Insurance and Reinsurance Co's annual Ending Cash Position declined from Dec. 2021 (﷼469 Mil) to Dec. 2022 (﷼431 Mil) but then increased from Dec. 2022 (﷼431 Mil) to Dec. 2023 (﷼441 Mil).

The Mediterranean and Gulf Insurance and Reinsurance Co Ending Cash Position Historical Data

The historical data trend for The Mediterranean and Gulf Insurance and Reinsurance Co's Ending Cash Position 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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The Mediterranean and Gulf Insurance and Reinsurance Co Ending Cash Position Chart

The Mediterranean and Gulf Insurance and Reinsurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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210.90

338.67

469.25

430.93

440.57

The Mediterranean and Gulf Insurance and Reinsurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															373.09	573.02	515.22	440.57	660.63

The Mediterranean and Gulf Insurance and Reinsurance Co Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

The Mediterranean and Gulf Insurance and Reinsurance Co's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	430.931	+	9.639
	=	441

The Mediterranean and Gulf Insurance and Reinsurance Co's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	440.57	+	220.058
	=	661

The Mediterranean and Gulf Insurance and Reinsurance Co Ending Cash Position Related Terms

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The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Saud Road, P.O. Box 2302, Medgulf Insurance Futuro Tower, Riyadh, SAU, 11451

Website

https://www.medgulf.com.sa

The Mediterranean and Gulf Insurance and Reinsurance Co is a Saudi Arabian insurance company with objectives to transact in cooperative insurance and reinsurance business and related activities. Its principal lines of business include medical, motor and other general insurance. It has three reportable operating segments: Medical insurance, which is the key revenue driver, covers medical costs, medicines, and all other medical services and supplies; Motor Insurance, which provides coverage against losses and liability related to motor vehicles; and Others.

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