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National General Holdings (National General Holdings) Interest Expense : $-34 Mil (TTM As of Dec. 2020)


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What is National General Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National General Holdings's interest expense for the three months ended in Dec. 2020 was $ 1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2020 was $-34 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. National General Holdings's Operating Income for the three months ended in Dec. 2020 was $ 161 Mil. National General Holdings's Interest Expense for the three months ended in Dec. 2020 was $ 1 Mil. National General Holdings 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.


National General Holdings Interest Expense Historical Data

The historical data trend for National General Holdings'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.

National General Holdings Interest Expense Chart

National General Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.18 -47.09 -51.43 -51.54 -33.77

National General Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -12.72 -11.78 -11.78 -11.29 1.08

National General Holdings 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-34 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.


National General Holdings  (NAS:NGHC) 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.

National General Holdings's Interest Expense for the three months ended in Dec. 2020 was $1 Mil. Its EBIT for the three months ended in Dec. 2020 was $161 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2020 was $537 Mil.

National General Holdings's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

* 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.


National General Holdings (National General Holdings) Business Description

Traded in Other Exchanges
N/A
Address
59 Maiden Lane, 38th Floor, New York, NY, USA, 10038
National General Holdings Corp is a specialty personal lines insurance holding company. It provides a variety of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, lender-placed, supplemental health and other niche insurance products. The company sells insurance products with a focus on underwriting profitability through a combination of its customized and predictive analytics and its technology is driven low-cost infrastructure. The company manages its business through two segments, the Property and Casualty segment and Accident and Health segment.
Executives
Jeffrey Weissmann officer: General Counsel & Secretary C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
John Drake Nichols director C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
John Marshaleck director 48 PAR LA VILLE ROAD, SUITE 1141, HAMILTON D0 HM11
Donald T Decarlo director C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Barbara Paris director C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Patrick Fallon director C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Barry Karfunkel director, officer: CEO C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Robert Karfunkel director, officer: President C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Michael Hal Weiner officer: CFO and Treasurer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Peter A. Rendall officer: COO C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Lawrence J. Moloney officer: Chief Accounting Officer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Thomas Newgarden officer: Executive Vice President C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Amtrust International Insurance Ltd other: Former 10% Owner SUITE 102 WASHINGTON MALL, 7 REID STREET, HAMILTON D0 HM11
Donald Bolar officer: Chief Accounting Officer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Barry D Zyskind director C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038

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