The Travelers (XSGO:TRV) Interest Expense : $-386 Mil (TTM As of Mar. 2024)

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What is The Travelers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Travelers's interest expense for the three months ended in Mar. 2024 was $ -98 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-386 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. The Travelers's Operating Income for the three months ended in Mar. 2024 was $ 1,468 Mil. The Travelers's Interest Expense for the three months ended in Mar. 2024 was $ -98 Mil. The Travelers's Interest Coverage for the quarter that ended in Mar. 2024 was 14.98. 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.

The Travelers Interest Expense Historical Data

The historical data trend for The Travelers'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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The Travelers Interest Expense Chart

The Travelers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-344.00

-339.00

-340.00

-351.00

-376.00

The Travelers Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-88.00	-92.00	-98.00	-98.00	-98.00

The Travelers 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-386 Mil.

The Travelers (XSGO:TRV) 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.

The Travelers's Interest Expense for the three months ended in Mar. 2024 was $-98 Mil. Its EBIT for the three months ended in Mar. 2024 was $1,468 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $7,932 Mil.

The Travelers's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	1468	/	-98
	=	14.98

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

The Travelers (XSGO:TRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Travelers Companies Inc (XSGO:TRV) » Definitions » Interest Expense

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Address

485 Lexington Avenue, New York, NY, USA, 10017

Website

https://www.travelers.com

Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Travelers derives 6% of its premiums from foreign markets.