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Vienna Insurance Group AG (BUD:VIG) Interest Expense : Ft-31,249 Mil (TTM As of Dec. 2024)


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What is Vienna Insurance Group AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vienna Insurance Group AG's interest expense for the six months ended in Dec. 2024 was Ft -15,665 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was Ft-31,249 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. Vienna Insurance Group AG's Operating Income for the six months ended in Dec. 2024 was Ft 165,924 Mil. Vienna Insurance Group AG's Interest Expense for the six months ended in Dec. 2024 was Ft -15,665 Mil. Vienna Insurance Group AG's Interest Coverage for the quarter that ended in Dec. 2024 was 10.59. 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.


Vienna Insurance Group AG Interest Expense Historical Data

The historical data trend for Vienna Insurance Group AG'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.

Vienna Insurance Group AG Interest Expense Chart

Vienna Insurance Group AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41,401.96 -41,485.92 -36,131.31 -38,779.10 -30,824.73

Vienna Insurance Group AG 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 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 -146,380.93 -20,352.30 -18,293.63 -15,583.97 -15,665.04

Vienna Insurance Group AG 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 Ft-31,249 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.


Vienna Insurance Group AG  (BUD:VIG) 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.

Vienna Insurance Group AG's Interest Expense for the six months ended in Dec. 2024 was Ft-15,665 Mil. Its EBIT for the six months ended in Dec. 2024 was Ft165,924 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was Ft649,985 Mil.

Vienna Insurance Group AG'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*165924.361/-15665.04
=10.59

* 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.


Vienna Insurance Group AG Business Description

Address
Schottenring 30, Vienna, AUT, 1010
Vienna Insurance Group AG is a diversified insurance company that offers property and casualty, life, and health insurance products. The company maintains its goal of consolidating market leadership in Austria while taking advantage of the growth potential in Central and Eastern Europe. The company generates the majority of its revenue in Austria, followed by the Czech Republic and Poland. The company considers merger and acquisition investment as a component of its operational growth plan.

Vienna Insurance Group AG Headlines

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