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SALAMA Cooperative Insurance Co (SAU:8050) Interest Expense : ﷼0.0 Mil (TTM As of Dec. 2024)


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What is SALAMA Cooperative Insurance Co Interest Expense?

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


SALAMA Cooperative Insurance Co Interest Expense Historical Data

The historical data trend for SALAMA Cooperative 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.

* Premium members only.

SALAMA Cooperative Insurance Co Interest Expense Chart

SALAMA Cooperative Insurance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.29 -1.33 -2.13 -9.32 -

SALAMA Cooperative Insurance Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

SALAMA Cooperative 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 Dec. 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.


SALAMA Cooperative Insurance Co  (SAU:8050) 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.

SALAMA Cooperative Insurance Co's Interest Expense for the three months ended in Dec. 2024 was ﷼0.0 Mil. Its EBIT for the three months ended in Dec. 2024 was ﷼0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ﷼18.5 Mil.

SALAMA Cooperative Insurance Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

GuruFocus does not calculate SALAMA Cooperative 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. SALAMA Cooperative Insurance Co has enough cash to cover all of its debt. Its financial situation is stable.


SALAMA Cooperative Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Al Madinah Road, P.O. Box 4020, Salama Tower, Jeddah, SAU, 21491
SALAMA Cooperative Insurance Co operates in the insurance industry. The company has three reportable segments namely the Medical segment provides compensation to policyholders for expenses incurred in the treatment of a disease, illness, or injury. Its Motor segment provides coverage against losses and liability related to motor vehicles. The Others segment includes property, marine, engineering, accident and liability and miscellaneous categories. It derives maximum revenue from the Motor segment.

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