GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Alm Brand AS (CHIX:ALMBc) » Definitions » Interest Expense

Alm Brand AS (CHIX:ALMBC) Interest Expense : kr-147 Mil (TTM As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Alm Brand AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alm Brand AS's interest expense for the three months ended in Dec. 2024 was kr -71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-147 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. Alm Brand AS's Operating Income for the three months ended in Dec. 2024 was kr 0 Mil. Alm Brand AS's Interest Expense for the three months ended in Dec. 2024 was kr -71 Mil. Alm Brand AS 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.


Alm Brand AS Interest Expense Historical Data

The historical data trend for Alm Brand AS'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.

Alm Brand AS Interest Expense Chart

Alm Brand AS 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 -106.00 -83.00 -108.00 - -

Alm Brand AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 -21.00 -43.00 -17.00 -16.00 -71.00

Alm Brand AS 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 quarterly data reported by the company within the most recent 12 months, which was kr-147 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.


Alm Brand AS  (CHIX:ALMBc) 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.

Alm Brand AS's Interest Expense for the three months ended in Dec. 2024 was kr-71 Mil. Its EBIT for the three months ended in Dec. 2024 was kr0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr2,252 Mil.

Alm Brand AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

* 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.


Alm Brand AS Business Description

Traded in Other Exchanges
Address
Midtermolen 7, Copenhagen, DNK, DK-2100
Alm Brand AS is a Danish investment holding company. Along with its subsidiaries, it offers insurance solutions, under various brands, to its customers. Its business segments include the personal Lines segment which comprises sales of insurance to private households through its own sales channels and partnerships, the Commercial Lines segment which comprises sales to agricultural and commercial customers through its own sales channels and partnership, and the Non-life insurance segment which is also its key revenue generating segment. Geographically, the company generates the majority of its revenue from Denmark and the rest from North America and other regions.

Alm Brand AS Headlines

No Headlines