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Sampo Oyj (Sampo Oyj) Interest Expense : $-100 Mil (TTM As of Dec. 2023)


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What is Sampo Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sampo Oyj's interest expense for the three months ended in Dec. 2023 was $ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-100 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. Sampo Oyj's Operating Income for the three months ended in Dec. 2023 was $ 425 Mil. Sampo Oyj's Interest Expense for the three months ended in Dec. 2023 was $ -24 Mil. Sampo Oyj's Interest Coverage for the quarter that ended in Dec. 2023 was 17.73. 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.


Sampo Oyj Interest Expense Historical Data

The historical data trend for Sampo Oyj'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.

Sampo Oyj Interest Expense Chart

Sampo Oyj 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 -14.44 -136.25 -164.97 -103.81 -101.42

Sampo Oyj 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 -21.19 -22.48 -28.17 -25.61 -23.99

Sampo Oyj 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 $-100 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.


Sampo Oyj  (OTCPK:SAXPY) 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.

Sampo Oyj's Interest Expense for the three months ended in Dec. 2023 was $-24 Mil. Its EBIT for the three months ended in Dec. 2023 was $425 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,226 Mil.

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

Interest Coverage=-1* EBIT (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*425.3/-23.991
=17.73

* 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.


Sampo Oyj (Sampo Oyj) Business Description

Address
Fabianinkatu 27, Helsinki, FIN, 00100
Sampo is a leading Nordics-based insurer headquartered in Finland and listed in Helsinki. The company has operations in Denmark, Estonia, Finland, Norway, Lithuania, Latvia, and the United Kingdom. Sampo has four subsidiaries that mainly sell personal lines of insurance to retail customers. If is the largest property and casualty insurer in the Nordics. Headquartered in Sweden, If also sells insurance in Denmark, Norway, and Finland. Topdanmark is a Danish property and casualty insurer also focussing on personal lines insurance as well as agriculture and small and medium-sized enterprises. Hastings is a digital insurer that focuses on car, van, bike, and home insurance in the United Kingdom. Mandatum, a life insurer and wealth and asset manager, is currently being divested.

Sampo Oyj (Sampo Oyj) Headlines

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