Al-Hamraa Insurance (IQS:NHAM) Interest Expense : ع.د Mil (TTM As of . 20)

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What is Al-Hamraa Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al-Hamraa Insurance's interest expense for the three months ended in . 20 was ع.د 0.00 Mil. Al-Hamraa Insurance does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Al-Hamraa Insurance's Operating Income for the three months ended in . 20 was ع.د 0.00 Mil. Al-Hamraa Insurance's Interest Expense for the three months ended in . 20 was ع.د 0.00 Mil. Al-Hamraa Insurance 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.

Al-Hamraa Insurance Interest Expense Historical Data

The historical data trend for Al-Hamraa Insurance'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.

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Al-Hamraa Insurance Interest Expense Chart

Al-Hamraa Insurance Annual Data

Trend

Interest Expense

Al-Hamraa Insurance Quarterly Data

Interest Expense

Al-Hamraa Insurance Interest Expense Calculation

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

Al-Hamraa Insurance (IQS:NHAM) Interest Expense Explanation

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

Al-Hamraa Insurance's Interest Expense for the three months ended in . 20 was ع.د0.00 Mil. Its EBIT for the three months ended in . 20 was ع.د0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ع.د0.00 Mil.

Al-Hamraa Insurance's Interest Coverage for the quarter that ended in . 20 is calculated as

Al-Hamraa Insurance had no long-term debt ⁽¹⁾.

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

Al-Hamraa Insurance (IQS:NHAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al-Hamraa Insurance (IQS:NHAM) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Street 23, Building 27, P.O. Box 10491, Arrest Al-Hindia, District 929, Karrada, Baghdad, IRQ

Website

https://www.alhamraains.com

Al-Hamraa Insurance is engaged in the underwriting of all general insurance classes and life insurance products. Its client base includes organizations and individuals living and working in Iraq. It offers life and annuities insurance, health/medical insurance, car/vehicle insurance, aviation insurance, financial reinsurance, guaranteed asset protection insurance, group insurance, marine insurance/shipping insurance, travel insurance, liability insurance/professional liability insurance, and property and casualty insurance.

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