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ANGPB.PFD (American National Group) Interest Expense : $-83.17 Mil (TTM As of Sep. 2024)


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What is American National Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American National Group's interest expense for the three months ended in Sep. 2024 was $ -49.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-83.17 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. American National Group's Operating Income for the three months ended in Sep. 2024 was $ -360.00 Mil. American National Group's Interest Expense for the three months ended in Sep. 2024 was $ -49.00 Mil. American National Group 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.


American National Group Interest Expense Historical Data

The historical data trend for American National 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.

* Premium members only.

American National Group Interest Expense Chart

American National Group 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 -41.29 -31.11 -30.91 -37.43 -51.25

American National Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -27.00 21.76 -12.92 -43.00 -49.00

American National 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-83.17 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.


American National Group  (NYSE:ANGpB.PFD) 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.

American National Group's Interest Expense for the three months ended in Sep. 2024 was $-49.00 Mil. Its EBIT for the three months ended in Sep. 2024 was $-360.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $3,138.00 Mil.

American National Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

American National Group did not have earnings to cover the interest expense.

* 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.


American National Group Business Description

Traded in Other Exchanges
Address
6000 Westown Parkway, West Des Moines, IA, USA, 50266
American National Group Inc operates through its subsidiaries that offers a portfolio of insurance products, including individual and group life insurance, annuities, pension risk transfer, and property and casualty insurance. The company business is conducted in all 50 states, the District of Columbia and Puerto Rico. The company operates into four operating segments: Life, Annuity, Property and Casualty and Corporate and Other.