Sharjah Insurance Co PSC (ADX:SICO) Interest Coverage : N/A (As of Dec. 2022)

Sharjah Insurance Co PSC Interest Coverage Chart

Sharjah Insurance Co PSC Annual Data
	Trend	Dec12	Dec13	Dec15	Dec16	Dec17	Dec18	Dec19	Dec21	Dec22	Dec23
Interest Coverage		Get a 7-Day Free Trial					62.31	641.22	N/A	70.19	120.17

Sharjah Insurance Co PSC Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Dec15	Mar16	Jun16	Dec16	Mar17	Jun17	Dec17	Sep18	Dec18	Sep19	Dec19	Dec22	Dec23
Interest Coverage	Get a 7-Day Free Trial															13.50	1,752.00	300.57	N/A	N/A

Competitive Comparison of Sharjah Insurance Co PSC's Interest Coverage

For the Insurance - Diversified subindustry, Sharjah Insurance Co PSC's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sharjah Insurance Co PSC's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sharjah Insurance Co PSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sharjah Insurance Co PSC's Interest Coverage falls into.

Sharjah Insurance Co PSC Interest Coverage Calculation

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:

If Interest Expense is negative and EBIT is positive, then

Else if Interest Expense is negative and EBIT is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sharjah Insurance Co PSC's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Sharjah Insurance Co PSC's Interest Expense was د.إ-0.14 Mil. Its EBIT was د.إ16.34 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ0.01 Mil.

Sharjah Insurance Co PSC's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the three months ended in Dec. 2022, Sharjah Insurance Co PSC's Interest Expense was د.إ0.00 Mil. Its EBIT was د.إ0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ0.47 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.

The higher the ratio, the stronger the company's Financial Strength is.

Sharjah Insurance Co PSC  (ADX:SICO) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Sharjah Insurance Co PSC Interest Coverage Related Terms

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Sharjah Insurance Co PSC (ADX:SICO) Business Description