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Bupa Arabia for Cooperative Insurance Co (SAU:8210) Interest Coverage

: N/A (As of Dec. 2023)
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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 EBIT by its Interest Expense. Bupa Arabia for Cooperative Insurance Co's EBIT for the three months ended in Dec. 2023 was ﷼0 Mil. Bupa Arabia for Cooperative Insurance Co's Interest Expense for the three months ended in Dec. 2023 was ﷼0 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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. Bupa Arabia for Cooperative Insurance Co has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Bupa Arabia for Cooperative Insurance Co's Interest Coverage or its related term are showing as below:


SAU:8210's Interest Coverage is not ranked *
in the Insurance industry.
Industry Median: 13.52
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Bupa Arabia for Cooperative Insurance Co Interest Coverage Historical Data

The historical data trend for Bupa Arabia for Cooperative Insurance Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

Bupa Arabia for Cooperative Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Bupa Arabia for Cooperative Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison

For the Insurance - Specialty subindustry, Bupa Arabia for Cooperative Insurance Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bupa Arabia for Cooperative Insurance Co Interest Coverage Distribution

For the Insurance industry and Financial Services sector, Bupa Arabia for Cooperative Insurance Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bupa Arabia for Cooperative Insurance Co's Interest Coverage falls into.



Bupa Arabia for Cooperative Insurance Co Interest Coverage Calculation

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:

If Interest Expense is negative and EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bupa Arabia for Cooperative Insurance Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Bupa Arabia for Cooperative Insurance Co's Interest Expense was ﷼0 Mil. Its EBIT was ﷼0 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼166 Mil.

GuruFocus does not calculate Bupa Arabia for Cooperative Insurance Co's interest coverage with the available data.

Bupa Arabia for Cooperative Insurance Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Bupa Arabia for Cooperative Insurance Co's Interest Expense was ﷼0 Mil. Its EBIT was ﷼0 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼166 Mil.

GuruFocus does not calculate Bupa Arabia for 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.


Bupa Arabia for Cooperative Insurance Co  (SAU:8210) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Bupa Arabia for Cooperative Insurance Co Interest Coverage Related Terms

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Bupa Arabia for Cooperative Insurance Co (SAU:8210) Business Description

Traded in Other Exchanges
N/A
Address
Prince Saud Al Fasial Street, P.O. Box 23807, Front of Saudi Airlines Cargo Building, Al-Khalediyah District, Jeddah, SAU, 21436
Bupa Arabia for Cooperative Insurance Co is a special-purpose insurance company based in Saudi Arabia. The Company issues short-term insurance contracts for providing health care services (medical insurance). All the insurance operations of the Group are carried out in the Kingdom of Saudi Arabia. The company operates in two customer categories namely major customers and non- major customers. It derives a majority of its premium from major customers. major customers represent members of large corporations.

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