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Allianzudi Fransi Cooperative Insurance Co (SAU:8040) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Allianzudi Fransi Cooperative Insurance Co Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Allianzudi Fransi Cooperative Insurance Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ﷼0.0 Mil. Allianzudi Fransi Cooperative Insurance Co's average total debt for the quarter that ended in Dec. 2023 was ﷼3.1 Mil. Therefore, Allianzudi Fransi Cooperative Insurance Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Allianzudi Fransi Cooperative Insurance Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Allianzudi Fransi Cooperative Insurance Co's Effective Interest Rate on 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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Allianzudi Fransi Cooperative Insurance Co Effective Interest Rate on Debt % Chart

Allianzudi Fransi Cooperative Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Allianzudi Fransi 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
Effective Interest Rate on 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 - 604.29 1,909.58 60.58 -

Competitive Comparison of Allianzudi Fransi Cooperative Insurance Co's Effective Interest Rate on Debt %

For the Insurance - Diversified subindustry, Allianzudi Fransi Cooperative Insurance Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.


Allianzudi Fransi Cooperative Insurance Co's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Allianzudi Fransi Cooperative Insurance Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Allianzudi Fransi Cooperative Insurance Co's Effective Interest Rate on Debt % falls into.



Allianzudi Fransi Cooperative Insurance Co Effective Interest Rate on Debt % Calculation

Allianzudi Fransi Cooperative Insurance Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (8.787+3.019)/ 2 )
=-1  *  0/5.903
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.092 + 2.695
=8.787

Allianzudi Fransi Cooperative Insurance Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (3.151+3.019)/ 2 )
=-1  *  0/3.085
=0.00 %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Allianzudi Fransi Cooperative Insurance Co  (SAU:8040) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Allianzudi Fransi Cooperative Insurance Co Effective Interest Rate on Debt % Related Terms

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Allianzudi Fransi Cooperative Insurance Co (SAU:8040) Business Description

Traded in Other Exchanges
N/A
Address
Khurais Road, P.O. Box 3540, Al Safwa Commercial Building, Riyadh, SAU, 11481
Allianz Saudi Fransi Cooperative Insurance Company is a company that provides comprehensive insurance solutions to individuals and corporate customers. It provides insurance in the areas of aviation, marines, health, motor fleet, engineering, and property and casualty. It has five reportable business segments: Motor insurance provides coverage against loss or damage to the motor vehicles caused by accident, fire, or theft, Health care (medical) products provide medical cover to policyholders; the Protection and saving segment includes a variety of savings products designed to meet the needs of individuals as well as corporate institutions, Shareholders' segment - reporting shareholder operations of the Company and Property and casualty.

Allianzudi Fransi Cooperative Insurance Co (SAU:8040) Headlines

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