Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American International Group's interest expense for the
three
months ended in Dec. 2023 was $ -271 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,136 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. American International Group's Operating Income for the
three
months ended in Dec. 2023 was $ -1,075 Mil. American International Group's Interest Expense for the
three
months ended in Dec. 2023 was $ -271 Mil.
American International 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.
American International 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 $-1,136 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.
American International Group (NYSE:AIG) 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.
American International Group's Interest Expense for the
three
months ended in Dec. 2023 was $-271 Mil. Its
EBIT
for the
three
months ended in Dec. 2023 was $-1,075 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $22,137 Mil.
American International Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| American International Group 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.
American International Group (American International Group) Business Description
Traded in Other Exchanges
Address
1271 Avenue of the Americas, New York, NY, USA, 10020
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.
Executives
| Edward Lee Dandridge |
officer: EVP, Chief Marketing & Comms |
C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596 |
| Kathleen Carbone |
officer: VP & Chief Accounting Officer |
1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304 |
| Vanessa Ames Wittman |
director |
C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Diana M Murphy |
director |
C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224 |
| Paola Bergamaschi |
director |
1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304 |
| Luciana Fato |
officer: EVP and General Counsel |
AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304 |
| Thomas Allen Bolt |
officer: EVP and Chief Risk Officer |
C/O AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304 |
| John G Rice |
director |
GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210 |
| John P Repko |
officer: EVP and Chief Info. Officer |
AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304 |
| Hunter Constance |
officer: EVP, Head of Strategy & ESG |
1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304 |
| Glazer Rose Marie E. |
officer: EVP, CHRO & Corp Secretary |
1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304 |
| Kevin T. Hogan |
officer: EVP - Life & Retirement |
180 MAIDEN LANE, NEW YORK NY 10038 |
| Sabra R. Purtill |
officer: EVP and Chief Risk Officer |
1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304 |
| Claude E. Wade |
officer: EVP, Hd of Ops & Chief Dig Off |
1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304 |
| Lisa Buckingham |
officer: EVP Ent Desgn and L&R Sep |
150 N RADNOR CHESTER ROAD, RADNOR PA 19087 |
American International Group (American International Group) Headlines
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