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Mutakamela Insurance Co (SAU:8040) Interest Expense : ﷼0.0 Mil (TTM As of Sep. 2024)


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What is Mutakamela Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mutakamela Insurance Co's interest expense for the three months ended in Sep. 2024 was ﷼ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼0.0 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. Mutakamela Insurance Co's Operating Income for the three months ended in Sep. 2024 was ﷼ 0.0 Mil. Mutakamela Insurance Co's Interest Expense for the three months ended in Sep. 2024 was ﷼ 0.0 Mil. GuruFocus does not calculate Mutakamela Insurance Co's interest coverage with the available data. 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.


Mutakamela Insurance Co Interest Expense Historical Data

The historical data trend for Mutakamela Insurance Co'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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Mutakamela Insurance Co Interest Expense Chart

Mutakamela Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Mutakamela Insurance Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Mutakamela Insurance Co 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼0.0 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.


Mutakamela Insurance Co  (SAU:8040) Interest Expense Explanation

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. The higher, the better.

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

Mutakamela Insurance Co's Interest Expense for the three months ended in Sep. 2024 was ﷼0.0 Mil. Its EBIT for the three months ended in Sep. 2024 was ﷼0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ﷼3.0 Mil.

Mutakamela Insurance Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

GuruFocus does not calculate Mutakamela Insurance Co's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mutakamela Insurance Co has enough cash to cover all of its debt. Its financial situation is stable.


Mutakamela Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Khurais Road, P.O. Box 3540, Al Safwa Commercial Building, Riyadh, SAU, 11481
Allianz Saudi Fransi Cooperative Insurance Company is a company that provides comprehensive insurance solutions to individuals and corporate customers. It provides insurance in the areas of medical, protection and saving, motor, engineering, property and other general insurance. It has six reportable business segments: Motor insurance provides coverage against loss or damage to the motor vehicles caused by accident, fire, or theft, Health care (medical) products provide medical cover to policyholders; the Protection and savings segment includes a variety of savings products designed to meet the needs of individuals as well as corporate institutions, Group life insurance segment, Property and casualty, and Protection Insurance segment.

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