First Takaful Insurance Co KCSC (KUW:FTI) Interest Expense : KWD0.00 Mil (TTM As of Mar. 2024)

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What is First Takaful Insurance Co KCSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Takaful Insurance Co KCSC's interest expense for the three months ended in Mar. 2024 was KWD 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD0.00 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. First Takaful Insurance Co KCSC's Operating Income for the three months ended in Mar. 2024 was KWD 0.00 Mil. First Takaful Insurance Co KCSC's Interest Expense for the three months ended in Mar. 2024 was KWD 0.00 Mil. First Takaful Insurance Co KCSC has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

First Takaful Insurance Co KCSC Interest Expense Historical Data

The historical data trend for First Takaful Insurance Co KCSC'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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First Takaful Insurance Co KCSC Interest Expense Chart

First Takaful Insurance Co KCSC Annual Data

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Interest Expense

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First Takaful Insurance Co KCSC Quarterly Data
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First Takaful Insurance Co KCSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.00 Mil.

First Takaful Insurance Co KCSC (KUW:FTI) 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.

First Takaful Insurance Co KCSC's Interest Expense for the three months ended in Mar. 2024 was KWD0.00 Mil. Its EBIT for the three months ended in Mar. 2024 was KWD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was KWD0.00 Mil.

First Takaful Insurance Co KCSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

First Takaful Insurance Co KCSC had no long-term debt ⁽¹⁾.

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

Good Sign:

First Takaful Insurance Co KCSC has no debt.

First Takaful Insurance Co KCSC (KUW:FTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » First Takaful Insurance Co KCSC (KUW:FTI) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Al Qibla - Abdullah Al-Mubarak Street, 1st Floor, Office No. 6, P.O. Box 5713, Souq Al-Safat Building, Kuwait, KWT, 13058

Website

https://www.firsttakaful.com.kw

First Takaful Insurance Co KCSC is engaged in carrying out all types of insurance takaful activities and related activities, including insurance and reinsurance, and investing the funds available to the company in various activities. The company's product line consists of life and medical, fire and general accidents, motor, and marine, and aviation. Geographically the company provides its services only to the Kuwait market.