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United Cooperative Assurance Co (SAU:8190) Interest Expense : ﷼0.0 Mil (TTM As of Mar. 2024)


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What is United Cooperative Assurance Co Interest Expense?

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


United Cooperative Assurance Co Interest Expense Historical Data

The historical data trend for United Cooperative Assurance 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.

United Cooperative Assurance Co Interest Expense Chart

United Cooperative Assurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -0.19 -0.26 -0.12 -0.09

United Cooperative Assurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

United Cooperative Assurance 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 Mar. 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.


United Cooperative Assurance Co  (SAU:8190) 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.

United Cooperative Assurance Co's Interest Expense for the three months ended in Mar. 2024 was ﷼0.0 Mil. Its EBIT for the three months ended in Mar. 2024 was ﷼0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼3.9 Mil.

United Cooperative Assurance Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

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


United Cooperative Assurance Co (SAU:8190) Business Description

Traded in Other Exchanges
N/A
Address
Prince Saud Al Faisal Street, Al-Mukmal Centre (1st and 4th Floor), P.O. Box 5019, Al Khalidiyah District, Jeddah, SAU, 21422
United Cooperative Assurance Co is a company operating in the insurance sector. Its business is divided into four segments including Medical insurance, Motor Insurance, Energy and engineering insurance, and Other classes. The medical insurance segment covers medical costs, medicines, and all other medical services and supplies. Motor Insurance, provides coverage against losses and liability related to motor vehicles, excluding transport insurance. And Other classes segment covers other classes of insurance including property, marine, cargo, aviation, among others. It generates the majority of the revenue from Motor Insurance.

United Cooperative Assurance Co (SAU:8190) Headlines

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