Ahliea Insurance Group (XPAE:AIG) Interest Expense : $-0.21 Mil (TTM As of Dec. 2023)

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What is Ahliea Insurance Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ahliea Insurance Group's interest expense for the three months ended in Dec. 2023 was $ 0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.21 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. Ahliea Insurance Group's Operating Income for the three months ended in Dec. 2023 was $ -0.14 Mil. Ahliea Insurance Group's Interest Expense for the three months ended in Dec. 2023 was $ 0.01 Mil. Ahliea Insurance Group 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.

Ahliea Insurance Group Interest Expense Historical Data

The historical data trend for Ahliea Insurance Group'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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Ahliea Insurance Group Interest Expense Chart

Ahliea Insurance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.28

-0.32

-0.39

-0.19

-0.21

Ahliea Insurance Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															0.03	-0.08	-0.07	-0.08	0.01

Ahliea Insurance Group 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.21 Mil.

Ahliea Insurance Group (XPAE:AIG) 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.

Ahliea Insurance Group's Interest Expense for the three months ended in Dec. 2023 was $0.01 Mil. Its EBIT for the three months ended in Dec. 2023 was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3.71 Mil.

Ahliea Insurance Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Ahliea Insurance Group (XPAE:AIG) Business Description

Industry

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Address

17 Nizar Qabbani Street, Al Masyoun, Ramallah, PSE

Website

https://www.ahlia.ps

Ahliea Insurance Group is an insurance and reinsurance business company. It offers Vehicle insurance, properties Insurance, Engineering Insurance, Transport insurance, Accident insurance, Liability insurance, Workers insurance, and Tabou insurance. Private insurance, and General accident insurance. It is organized into eight business segments motor, general accidents, engineering accidents, workers, fire and theft, Healthy, Social Responsibility, and marine, and the majority of the revenue comes from the Motor segment.