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Tamkeen Palestinian Insurance (XPAE:TPIC) Interest Expense : $ Mil (TTM As of . 20)


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What is Tamkeen Palestinian Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tamkeen Palestinian Insurance's interest expense for the six months ended in . 20 was $ 0.00 Mil. Tamkeen Palestinian Insurance does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Tamkeen Palestinian Insurance's Operating Income for the six months ended in . 20 was $ 0.00 Mil. Tamkeen Palestinian Insurance's Interest Expense for the six months ended in . 20 was $ 0.00 Mil. Tamkeen Palestinian Insurance did not have earnings to cover the interest expense. 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.


Tamkeen Palestinian Insurance Interest Expense Historical Data

The historical data trend for Tamkeen Palestinian Insurance'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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Tamkeen Palestinian Insurance Interest Expense Chart

Tamkeen Palestinian Insurance Annual Data
Trend
Interest Expense

Tamkeen Palestinian Insurance Semi-Annual Data
Interest Expense

Tamkeen Palestinian Insurance Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Tamkeen Palestinian Insurance  (XPAE:TPIC) 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.

Tamkeen Palestinian Insurance's Interest Expense for the six months ended in . 20 was $0.00 Mil. Its EBIT for the six months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was $0.00 Mil.

Tamkeen Palestinian Insurance's Interest Coverage for the quarter that ended in . 20 is calculated as

Tamkeen Palestinian Insurance had no long-term debt (1).

* 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.


Tamkeen Palestinian Insurance Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Tamkeen Insurance Building, Al Masyoun, Fouad Nassar Street, P.O.Box: 2222, Ramallah, PSE
Tamkeen Palestinian Insurance is an insurance company operating in accordance with the provisions of Islamic Sharia'a. The insurance solutions offered by the company include Motor Insurance, Group Life Insurance, Health Insurance, Lift Insurance, Travel Insurance, and Marine cargo Insurance among others.