IRB Brasil Resseguros (BSP:IRBR3) Interest Expense : R$-6.29 Mil (TTM As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is IRB Brasil Resseguros Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IRB Brasil Resseguros's interest expense for the three months ended in Dec. 2023 was R$ 96.75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-6.29 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. IRB Brasil Resseguros's Operating Income for the three months ended in Dec. 2023 was R$ -446.94 Mil. IRB Brasil Resseguros's Interest Expense for the three months ended in Dec. 2023 was R$ 96.75 Mil. IRB Brasil Resseguros 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.

IRB Brasil Resseguros Interest Expense Historical Data

The historical data trend for IRB Brasil Resseguros'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.

IRB Brasil Resseguros Interest Expense Chart

IRB Brasil Resseguros Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1,056.06

-866.29

-54.65

-6.30

IRB Brasil Resseguros 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															86.26	-37.05	-31.80	-34.20	96.75

IRB Brasil Resseguros 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 R$-6.29 Mil.

IRB Brasil Resseguros (BSP:IRBR3) 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.

IRB Brasil Resseguros's Interest Expense for the three months ended in Dec. 2023 was R$96.75 Mil. Its EBIT for the three months ended in Dec. 2023 was R$-446.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$571.11 Mil.

IRB Brasil Resseguros's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

IRB Brasil Resseguros (BSP:IRBR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » IRB Brasil Resseguros SA (BSP:IRBR3) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Marechal Camara, 171-Castelo, Rio de Janeiro, RJ, BRA, 20020901

Website

https://www.irbre.com

IRB Brasil Resseguros SA is a Brazil-based company provides reinsurance solutions. It offers reinsurance solutions for aviation, engineering, surety, financial, oil and gas, property, casualty, agricultural, cargo and marine, life and pension, and miscellaneous. The group offers solutions in both Brazil and international regions.

IRB Brasil Resseguros (BSP:IRBR3) Headlines

No Headlines