Lincoln National (BSP:L1NC34) Interest Expense : R$-1,623 Mil (TTM As of Mar. 2024)

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What is Lincoln National Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lincoln National's interest expense for the three months ended in Mar. 2024 was R$ -403 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-1,623 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. Lincoln National's Operating Income for the three months ended in Mar. 2024 was R$ 8,012 Mil. Lincoln National's Interest Expense for the three months ended in Mar. 2024 was R$ -403 Mil. Lincoln National's Interest Coverage for the quarter that ended in Mar. 2024 was 19.86. 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.

Lincoln National Interest Expense Historical Data

The historical data trend for Lincoln National'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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Lincoln National Interest Expense Chart

Lincoln National Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,338.07

-1,461.10

-1,526.82

-1,484.45

-1,621.83

Lincoln National 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															-432.31	-407.71	-414.85	-396.88	-403.36

Lincoln National 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 R$-1,623 Mil.

Lincoln National (BSP:L1NC34) 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.

Lincoln National's Interest Expense for the three months ended in Mar. 2024 was R$-403 Mil. Its EBIT for the three months ended in Mar. 2024 was R$8,012 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$28,514 Mil.

Lincoln National'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	*	8012.498	/	-403.364
	=	19.86

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

Lincoln National (BSP:L1NC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lincoln National Corp (BSP:L1NC34) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LNC:USA LCO:Germany LCO:Germany

Address

150 North Radnor-Chester Road, Suite A305, Radnor, PA, USA, 19087

Website

https://www.lfg.com

Lincoln National Corp operates multiple insurance and retirement businesses. The company's operating segment includes Annuities; Retirement Plan Services; Life Insurance and Group Protection. Its products primarily include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL and VUL, indexed universal life insurance (IUL), term life insurance, employer-sponsored retirement plans and services, and group life, disability and dental.

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