Ras Al Khaimah National Insurance Company PSC (ADX:RAKNIC) Net Issuance of Debt : د.إ17.9 Mil (TTM As of Mar. 2024)

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What is Ras Al Khaimah National Insurance Company PSC Net Issuance of Debt?

Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive. Ras Al Khaimah National Insurance Company PSC's net issuance of debt for the three months ended in Mar. 2024 was د.إ19.0 Mil. Its net issuance of debt for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ17.9 Mil.

Ras Al Khaimah National Insurance Company PSC Net Issuance of Debt Historical Data

The historical data trend for Ras Al Khaimah National Insurance Company PSC's Net Issuance of 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.

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Ras Al Khaimah National Insurance Company PSC Net Issuance of Debt Chart

Ras Al Khaimah National Insurance Company PSC Annual Data

Trend

Dec14

Dec15

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Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Net Issuance of Debt

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-35.16

33.06

16.94

9.38

Ras Al Khaimah National Insurance Company PSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Issuance of Debt	Get a 7-Day Free Trial															10.50	-4.88	-0.75	4.51	19.00

Ras Al Khaimah National Insurance Company PSC Net Issuance of Debt Calculation

This is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

Net Issuance of Debt for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ17.9 Mil.

Ras Al Khaimah National Insurance Company PSC Net Issuance of Debt Related Terms

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Ras Al Khaimah National Insurance Company PSC Business Description

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Traded in Other Exchanges

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Address

P.O.Box 506, Ras Al Khaimah, ARE

Website

https://www.rakinsurance.com

Ras Al Khaimah National Insurance Company PSC operates as an insurance company in UAE. Its principal activity is to undertake all classes of the insurance business, including life assurance, saving, and accumulation of funds. It operates in two segments: Life & Medical and Motor & General. The majority of its revenue comes from Life & Medical segment.

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