Al-Khazna Insurance Co PSC (ADX:AKIC) Long-Term Debt: د.إ60.44 Mil (As of Dec. 2020)

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What is Al-Khazna Insurance Co PSC Long-Term Debt?

Al-Khazna Insurance Co PSC ADX:AKIC Long-Term Debt is د.إ60.44 Mil as of Dec. 2020.

Al-Khazna Insurance Co PSC's Long-Term Debt for the quarter that ended in Dec. 2020 was د.إ60.44 Mil.

Al-Khazna Insurance Co PSC's quarterly Long-Term Debt increased from Jun. 2020 (د.إ113.52 Mil) to Sep. 2020 (د.إ115.47 Mil) but then declined from Sep. 2020 (د.إ115.47 Mil) to Dec. 2020 (د.إ60.44 Mil).

Al-Khazna Insurance Co PSC's annual Long-Term Debt declined from Dec. 2018 (د.إ117.84 Mil) to Dec. 2019 (د.إ105.97 Mil) and declined from Dec. 2019 (د.إ105.97 Mil) to Dec. 2020 (د.إ60.44 Mil).

Al-Khazna Insurance Co PSC  (ADX:AKIC) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Al-Khazna Insurance Co PSC Long-Term Debt Related Terms

Al-Khazna Insurance Co PSC Long-Term Debt Historical Data

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The historical data trend for Al-Khazna Insurance Co PSC's Long-Term Debt 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.

Al-Khazna Insurance Co PSC Long-Term Debt Chart

Al-Khazna Insurance Co PSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.01 154.94 117.84 105.97 60.44

Al-Khazna Insurance Co PSC Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Long-Term Debt 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 105.97 108.80 113.52 115.47 60.44
Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of د.إ60.44 Mil mean?
Al-Khazna Insurance Co PSC (ADX:AKIC) has a Long-Term Debt of د.إ60.44 Mil as of Dec. 2020.
Is Al-Khazna Insurance Co PSC's Long-Term Debt too high?
Al-Khazna Insurance Co PSC's current Long-Term Debt is د.إ60.44 Mil.
How does Al-Khazna Insurance Co PSC's Long-Term Debt compare to PIH and NSEC?
Al-Khazna Insurance Co PSC's Long-Term Debt of د.إ60.44 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for an Insurance company?
A good Long-Term Debt depends on the Insurance industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Al-Khazna Insurance Co PSC's current Long-Term Debt is د.إ60.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Khazna Insurance Co PSC stock overvalued right now?
Al-Khazna Insurance Co PSC (ADX:AKIC) has a current Long-Term Debt of د.إ60.44 Mil. The current Long-Term Debt is د.إ60.44 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Al-Khazna Insurance Co PSC (ADX:AKIC), the current Long-Term Debt is د.إ60.44 Mil as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Al-Khazna Insurance Co PSC Business Description

Address Al Khazna Tower, P. O. Box 73343, Abu Dhabi, ARE
Al-Khazna Insurance Co PSC offers specialized risk management and insurance services with a strong presence and a diverse portfolio of business comprising Personal Accident, Property both operational and construction, Group Life & Medical, Motor, Liability both financial and casualty lines, Marine, Energy and Aviation, and niche products like credit, affinity products etc. We are fully geared to handle all classes of business in UAE and other GCC countries.