Takaful Al Emarat (DFM:TAKAFUL-EM) Interest Coverage : No Debt ⁽¹⁾ (As of Mar. 2025)

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What is Takaful Al Emarat Interest Coverage?

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 EBIT by its Interest Expense. Takaful Al Emarat's EBIT for the three months ended in Mar. 2025 was د.إ0.0 Mil. Takaful Al Emarat's Interest Expense for the three months ended in Mar. 2025 was د.إ0.0 Mil. Takaful Al Emarat has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Takaful Al Emarat has no debt.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Takaful Al Emarat's Interest Coverage or its related term are showing as below:

DFM:TAKAFUL-EM' s Interest Coverage Range Over the Past 10 Years
Min: 48.96 Med: 61.69 Max: No Debt
Current: No Debt

DFM:TAKAFUL-EM's Interest Coverage is ranked better than
99.4% of 334 companies
in the Insurance industry
Industry Median: 14.31 vs DFM:TAKAFUL-EM: No Debt

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

Takaful Al Emarat Interest Coverage Historical Data

The historical data trend for Takaful Al Emarat's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Takaful Al Emarat Interest Coverage Chart

Takaful Al Emarat Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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No Debt

Takaful Al Emarat Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Takaful Al Emarat's Interest Coverage

For the Insurance - Specialty subindustry, Takaful Al Emarat'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.

Takaful Al Emarat's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Takaful Al Emarat's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Takaful Al Emarat's Interest Coverage falls into.

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Takaful Al Emarat 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

Interest Coverage

-1

EBIT

Interest Expense

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

The company did not have earnings to cover the interest expense.

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

The company had no debt ⁽¹⁾.

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

Takaful Al Emarat's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Takaful Al Emarat's Interest Expense was د.إ0.0 Mil. Its EBIT was د.إ0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ0.0 Mil.

Takaful Al Emarat had no debt ⁽¹⁾.

Takaful Al Emarat's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Takaful Al Emarat's Interest Expense was د.إ0.0 Mil. Its EBIT was د.إ0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ0.0 Mil.

Takaful Al Emarat had no debt ⁽¹⁾.

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

Takaful Al Emarat (DFM:TAKAFUL-EM) 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 .

Takaful Al Emarat Interest Coverage Related Terms

Thank you for viewing the detailed overview of Takaful Al Emarat's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Takaful Al Emarat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Takaful Al Emarat (DFM:TAKAFUL-EM) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, P.O. Box 57589, Office 102, 1st Floor, Hassanacore Building, Al Barsha 1, Dubai, ARE

Website

https://www.takafulemarat.com

Takaful Al Emarat is engaged in the insurance business in the United Arab Emirates. The company provides health insurance, life insurance, and credit and savings insurance. Under personal insurance, it provides level term plans, a decreasing term plan, takaful growth plan, whole life plan, educational plan, wealth plan, and Travel protection plan. The Group is organised into two business segments: Takaful and Investment operations. The Takaful operations comprise the takaful business undertaken by the group on behalf of policyholders, and Investment operations comprise investments and cash management of its accounts.

Takaful Al Emarat Headlines

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Takaful Al Emarat (DFM:TAKAFUL-EM) Interest Coverage : No Debt (1) (As of Mar. 2025)