Takaful Oman InsuranceOG (MUS:TAOI) Interest Expense : ر.ع0.00 Mil (TTM As of Dec. 2017)

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What is Takaful Oman InsuranceOG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Takaful Oman InsuranceOG's interest expense for the three months ended in Dec. 2017 was ر.ع 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2017 was ر.ع0.00 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. Takaful Oman InsuranceOG's Operating Income for the three months ended in Dec. 2017 was ر.ع 0.00 Mil. Takaful Oman InsuranceOG's Interest Expense for the three months ended in Dec. 2017 was ر.ع 0.00 Mil. Takaful Oman InsuranceOG 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.

Takaful Oman InsuranceOG Interest Expense Historical Data

The historical data trend for Takaful Oman InsuranceOG'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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Takaful Oman InsuranceOG Interest Expense Chart

Takaful Oman InsuranceOG Annual Data

Trend

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Interest Expense

Takaful Oman InsuranceOG Quarterly Data
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Takaful Oman InsuranceOG 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع0.00 Mil.

Takaful Oman InsuranceOG (MUS:TAOI) 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.

Takaful Oman InsuranceOG's Interest Expense for the three months ended in Dec. 2017 was ر.ع0.00 Mil. Its EBIT for the three months ended in Dec. 2017 was ر.ع0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2017 was ر.ع0.00 Mil.

Takaful Oman InsuranceOG's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Takaful Oman InsuranceOG had no long-term debt ⁽¹⁾.

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

Takaful Oman InsuranceOG (MUS:TAOI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Takaful Oman Insurance SAOG (MUS:TAOI) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

P.O. BOX 207, Bareeq Al Shatti, Muscat, OMN, 134

Website

http://www.takafuloman.om

Takaful Oman Insurance SAOG operates as an Islamic insurance provider in the Sultanate of Oman. It operates through two segments, General Takaful and Family Takaful. Its General Takaful segment which contributes majorly towards firm's revenue includes medical, fire, general accident and marine and cargo insurance. The company's products include group family, group health, group creditor, domestic helper, and travel takaful plans; and motor insurance, personal accident, workmen's compensation, marine cargo, property all risk, machinery breakdown, erection all risk, contractor's plant and equipment, and contractor's all risk takaful products.

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