Solidarityudi Takaful Co (SAU:8290) Interest Expense : ﷼0.0 Mil (TTM As of Sep. 2020)

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What is Solidarityudi Takaful Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solidarityudi Takaful Co's interest expense for the three months ended in Sep. 2020 was ﷼ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 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. Solidarityudi Takaful Co's Operating Income for the three months ended in Sep. 2020 was ﷼ 0.0 Mil. Solidarityudi Takaful Co's Interest Expense for the three months ended in Sep. 2020 was ﷼ 0.0 Mil. Solidarityudi Takaful Co 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.

Solidarityudi Takaful Co Interest Expense Historical Data

The historical data trend for Solidarityudi Takaful 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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Solidarityudi Takaful Co Interest Expense Chart

Solidarityudi Takaful Co Annual Data

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Interest Expense

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Solidarityudi Takaful Co Quarterly Data
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Solidarityudi Takaful 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼0.0 Mil.

Solidarityudi Takaful Co (SAU:8290) 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.

Solidarityudi Takaful Co's Interest Expense for the three months ended in Sep. 2020 was ﷼0.0 Mil. Its EBIT for the three months ended in Sep. 2020 was ﷼0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was ﷼0.0 Mil.

Solidarityudi Takaful Co's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Solidarityudi Takaful Co had no long-term debt ⁽¹⁾.

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

Solidarityudi Takaful Co (SAU:8290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Solidarity Saudi Takaful Co (SAU:8290) » Definitions » Interest Expense

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Address

King Fahad Road, Redex Tower 8th, 9th and 10th Floor, Riyadh, SAU, 11612

Website

http://www.sstc.com.sa

Solidarity Saudi Takaful Co engages in the provision of life and non-life insurance in Saudi Arabia. It offers a range of the Insurance products that are available for all the major lines of business such as Medical, Motor Vehicle, Property, Marine, Engineering, General Accident, Liability and Group Life Insurance.

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