GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Crawford & Co (NYSE:CRD.A) » Definitions » Interest Expense

Crawford (Crawford) Interest Expense : $-20 Mil (TTM As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Crawford Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Crawford's interest expense for the three months ended in Dec. 2023 was $ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-20 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. Crawford's Operating Income for the three months ended in Dec. 2023 was $ 4 Mil. Crawford's Interest Expense for the three months ended in Dec. 2023 was $ -5 Mil. Crawford's Interest Coverage for the quarter that ended in Dec. 2023 was 0.87. 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.


Crawford Interest Expense Historical Data

The historical data trend for Crawford'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.

Crawford Interest Expense Chart

Crawford Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.52 -8.19 -6.98 -10.97 -19.81

Crawford 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 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 -4.22 -4.68 -4.97 -5.29 -4.88

Crawford 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 $-20 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.


Crawford  (NYSE:CRD.A) 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.

Crawford's Interest Expense for the three months ended in Dec. 2023 was $-5 Mil. Its Operating Income for the three months ended in Dec. 2023 was $4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $272 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*4.264/-4.875
=0.87

* 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.


Crawford (Crawford) Business Description

Traded in Other Exchanges
Address
5335 Triangle Parkway, Peachtree Corners, GA, USA, 30092
Crawford & Co provides claims and outsourcing solutions to the risk management, insurance industry, and self-insured entities. Its segments include North America Loss Adjusting; International Operations; Broadspire and Platform Solutions. The company generates maximum revenue from the International Operations segment. International Operations segment provides services to the North American property and casualty market and provides claims management services to insurance carriers and self-insured entities related to property and casualty losses.
Executives
Fred Robert Donner director GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Cameron M Bready director 3550 LENOX RD, ATLANTA GA 30326
Nidhi Verma officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Michael D Jones officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Van Bakel Patrick J officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Michael J Hoberman officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Andrew John Bart officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Tami E. Stevenson officer: SVP-GC & Corp Secretary 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Benedict V Burke officer: Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Inga K Beale director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Lisa G Hannusch director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Michelle Jarrard director C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Greta G Van officer: Senior Vice President C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092
Rohit Verma officer: EVP-Chief Operating Officer C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319
Rahul Patel director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092

Crawford (Crawford) Headlines