Amana Cooperative Insurance Co (SAU:8310) Interest Expense : ﷼0.0 Mil (TTM As of Sep. 2024)

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What is Amana Cooperative Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amana Cooperative 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. Amana Cooperative Insurance Co's Operating Income for the three months ended in Sep. 2024 was ﷼ 0.0 Mil. Amana Cooperative Insurance Co's Interest Expense for the three months ended in Sep. 2024 was ﷼ 0.0 Mil. Amana Cooperative Insurance 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.

Amana Cooperative Insurance Co Interest Expense Historical Data

The historical data trend for Amana 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.

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Amana Cooperative Insurance Co Interest Expense Chart

Amana Cooperative Insurance Co Annual Data

Trend

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Interest Expense

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-0.30

-6.54

-5.48

-2.00

Amana Cooperative Insurance Co Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Amana 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼0.0 Mil.

Amana Cooperative Insurance Co (SAU:8310) 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.

Amana Cooperative 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 ﷼0.0 Mil.

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

Amana Cooperative Insurance Co had no long-term debt ⁽¹⁾.

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

Good Sign:

Amana Cooperative Insurance Co has no debt.

Amana Cooperative Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Amana Cooperative Insurance Co (SAU:8310) » Definitions » Interest Expense

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Address

Salah-Uddin Al-Ayubi Street, P.O.Box: 27986, Riyadh, SAU, 11427

Website

https://www.amana-coop.com.sa

Amana Cooperative Insurance Co provides insurance products and services in Saudi Arabia. The company's portfolio includes products covering health, motor, property, fire, marine, engineering, and other specialized insurance.

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