Abu Dhabi National Takaful Co PSC (ADX:TKFL) Interest Expense : د.إ0.0 Mil (TTM As of Dec. 2023)

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What is Abu Dhabi National Takaful Co PSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Abu Dhabi National Takaful Co PSC's interest expense for the three months ended in Dec. 2023 was د.إ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ0.0 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. Abu Dhabi National Takaful Co PSC's Operating Income for the three months ended in Dec. 2023 was د.إ 0.0 Mil. Abu Dhabi National Takaful Co PSC's Interest Expense for the three months ended in Dec. 2023 was د.إ 0.0 Mil. Abu Dhabi National Takaful Co PSC has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term 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.

Abu Dhabi National Takaful Co PSC Interest Expense Historical Data

The historical data trend for Abu Dhabi National Takaful Co PSC'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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Abu Dhabi National Takaful Co PSC Interest Expense Chart

Abu Dhabi National Takaful Co PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-6.23

-13.17

-37.54

-20.55

-23.54

Abu Dhabi National Takaful Co PSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Abu Dhabi National Takaful Co PSC 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 د.إ0.0 Mil.

Abu Dhabi National Takaful Co PSC (ADX:TKFL) 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.

Abu Dhabi National Takaful Co PSC's Interest Expense for the three months ended in Dec. 2023 was د.إ0.0 Mil. Its EBIT for the three months ended in Dec. 2023 was د.إ0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was د.إ0.0 Mil.

Abu Dhabi National Takaful Co PSC's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Abu Dhabi National Takaful Co PSC had no long-term debt ⁽¹⁾.

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

Good Sign:

Abu Dhabi National Takaful Co PSC has no debt.

Abu Dhabi National Takaful Co PSC (ADX:TKFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Abu Dhabi National Takaful Co PSC (ADX:TKFL) » Definitions » Interest Expense

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Address

Tamouh Tower, 25th Floor, P.O. Box 35335, Marina Square, Al Reem Island, Abu Dhabi, ARE

Website

http://www.takaful.ae

Abu Dhabi National Takaful Co PSC is engaged in providing Takaful insurance solutions for the regional market. The company is licensed by the Ministry of Economy & Commerce as the first Takaful operator in the emirates of Abu Dhabi and is among the Islamic insurance companies operating in the United Arab Emirates. The company's core business activities and investments are conducted in accordance with the Islamic Shari'a. The company has a comprehensive range of products and services, which have been developed under the guidance of the Fatwa & Shari'a Supervisory Board to meet the varying needs of clients in the field of Islamic finance.

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