The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Short-Term Capital Lease Obligation : ﷼5 Mil (As of Mar. 2024)

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What is The Mediterranean and Gulf Insurance and Reinsurance Co Short-Term Capital Lease Obligation?

The Mediterranean and Gulf Insurance and Reinsurance Co's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼5 Mil.

The Mediterranean and Gulf Insurance and Reinsurance Co's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 (﷼0 Mil) to Dec. 2023 (﷼10 Mil) but then declined from Dec. 2023 (﷼10 Mil) to Mar. 2024 (﷼5 Mil).

The Mediterranean and Gulf Insurance and Reinsurance Co's annual Short-Term Capital Lease Obligation declined from Dec. 2021 (﷼7 Mil) to Dec. 2022 (﷼3 Mil) but then increased from Dec. 2022 (﷼3 Mil) to Dec. 2023 (﷼10 Mil).

The Mediterranean and Gulf Insurance and Reinsurance Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for The Mediterranean and Gulf Insurance and Reinsurance Co's Short-Term Capital Lease Obligation 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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The Mediterranean and Gulf Insurance and Reinsurance Co Short-Term Capital Lease Obligation Chart

The Mediterranean and Gulf Insurance and Reinsurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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10.51

9.54

7.10

3.39

9.79

The Mediterranean and Gulf Insurance and Reinsurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	9.79	5.04

The Mediterranean and Gulf Insurance and Reinsurance Co Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

The Mediterranean and Gulf Insurance and Reinsurance Co Short-Term Capital Lease Obligation Related Terms

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The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Saud Road, P.O. Box 2302, Medgulf Insurance Futuro Tower, Riyadh, SAU, 11451

Website

https://www.medgulf.com.sa

The Mediterranean and Gulf Insurance and Reinsurance Co is a Saudi Arabian insurance company with objectives to transact in cooperative insurance and reinsurance business and related activities. Its principal lines of business include medical, motor and other general insurance. It has three reportable operating segments: Medical insurance, which is the key revenue driver, covers medical costs, medicines, and all other medical services and supplies; Motor Insurance, which provides coverage against losses and liability related to motor vehicles; and Others.

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