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Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Short-Term Debt & Capital Lease Obligation : د.إ0.0 Mil (As of Mar. 2024)


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What is Dubai National Insurance & Reinsurance PSC Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Dubai National Insurance & Reinsurance PSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ0.0 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Dubai National Insurance & Reinsurance PSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ0.0 Mil.


Dubai National Insurance & Reinsurance PSC Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Dubai National Insurance & Reinsurance PSC's Short-Term Debt & 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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Dubai National Insurance & Reinsurance PSC Short-Term Debt & Capital Lease Obligation Chart

Dubai National Insurance & Reinsurance PSC Annual Data
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Short-Term Debt & Capital Lease Obligation
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Dubai National Insurance & Reinsurance PSC Quarterly Data
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Dubai National Insurance & Reinsurance PSC Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Dubai National Insurance & Reinsurance PSC Short-Term Debt & Capital Lease Obligation Related Terms

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Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description

Traded in Other Exchanges
N/A
Address
Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE
Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.

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