AMIGF (Admiral Group) Interest Expense : $-34 Mil (TTM As of Dec. 2024)

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What is Admiral Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Admiral Group's interest expense for the six months ended in Dec. 2024 was $ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 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. Admiral Group's Operating Income for the six months ended in Dec. 2024 was $ 686 Mil. Admiral Group's Interest Expense for the six months ended in Dec. 2024 was $ -16 Mil. Admiral Group's Interest Coverage for the quarter that ended in Dec. 2024 was 41.72. 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.

Admiral Group Interest Expense Historical Data

The historical data trend for Admiral Group'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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Admiral Group Interest Expense Chart

Admiral Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-19.22

-18.22

-16.44

-25.95

-34.26

Admiral Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-8.28	-9.09	-16.84	-17.94	-16.44

Admiral 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-34 Mil.

Admiral Group (OTCPK:AMIGF) 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.

Admiral Group's Interest Expense for the six months ended in Dec. 2024 was $-16 Mil. Its EBIT for the six months ended in Dec. 2024 was $686 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $1,762 Mil.

Admiral Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	685.714	/	-16.435
	=	41.72

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

Admiral Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Admiral Group PLC (OTCPK:AMIGF) » Definitions » Interest Expense

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Traded in Other Exchanges

AMIGY:USA ADMl:UK ADM:UK FLN:Germany

Address

David Street, Ty Admiral, Cardiff, GBR, CF10 2EH

Website

https://www.admiralgroup.co.uk

Admiral is a personal lines insurer that operates predominantly in the United Kingdom. The business is primarily a motor insurer with UK and European auto insurance accounting for the majority of gross premium. Admiral also has a nascent but growing UK home insurance offering. The company was established in 1993 to sell motor insurance to nonstandard risks. These nonstandard policyholders included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years the company has expanded its perimeter of nonstandard risks.