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National Takaful Co (Watania) PJSC (ADX:WATANIA) Interest Expense : د.إ-0.3 Mil (TTM As of Dec. 2021)


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What is National Takaful Co (Watania) PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Takaful Co (Watania) PJSC's interest expense for the three months ended in Dec. 2021 was د.إ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was د.إ-0.3 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. National Takaful Co (Watania) PJSC's Operating Income for the three months ended in Dec. 2021 was د.إ -0.0 Mil. National Takaful Co (Watania) PJSC's Interest Expense for the three months ended in Dec. 2021 was د.إ -0.1 Mil. National Takaful Co (Watania) PJSC did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


National Takaful Co (Watania) PJSC Interest Expense Historical Data

The historical data trend for National Takaful Co (Watania) PJSC's Interest Expense 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.

* Premium members only.

National Takaful Co (Watania) PJSC Interest Expense Chart

National Takaful Co (Watania) PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -1.49 -0.48 -0.44 -0.31

National Takaful Co (Watania) PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Interest Expense 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 -0.11 -0.11 -0.09 -0.05 -0.06

National Takaful Co (Watania) PJSC Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-0.3 Mil.

* 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.


National Takaful Co (Watania) PJSC  (ADX:WATANIA) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

National Takaful Co (Watania) PJSC's Interest Expense for the three months ended in Dec. 2021 was د.إ-0.1 Mil. Its EBIT for the three months ended in Dec. 2021 was د.إ-0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2021 was د.إ4.2 Mil.

National Takaful Co (Watania) PJSC's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

National Takaful Co (Watania) PJSC did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's financial strength is.


National Takaful Co (Watania) PJSC (ADX:WATANIA) Business Description

Traded in Other Exchanges
N/A
Address
Al Muroor Road (4th Street), Al Jazira Sports Complex, P.O. Box 6457, 4th Floor, Tower A, Opposite to Dusit Thani Hotel, Abu Dhabi, ARE
National Takaful Co (Watania) PJSC is primarily engaged in providing all classes of non-family takaful solutions. The company underwrites mainly medical, property, engineering, motor, miscellaneous accident, marine and personal accident classes. The segments of the company are Medical and Non-Medical. The company operates its business in the United States of Emirates.

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