Conduit Holdings (CHIX:CREL) Interest Expense : £-32.6 Mil (TTM As of Jun. 2024)

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What is Conduit Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Conduit Holdings's interest expense for the six months ended in Jun. 2024 was £ -11.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was £-32.6 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. Conduit Holdings's Operating Income for the six months ended in Jun. 2024 was £ 88.7 Mil. Conduit Holdings's Interest Expense for the six months ended in Jun. 2024 was £ -11.6 Mil. Conduit Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 7.63. 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.

Conduit Holdings Interest Expense Historical Data

The historical data trend for Conduit Holdings'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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Conduit Holdings Interest Expense Chart

Conduit Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.38

-5.67

-21.49

Conduit Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial			-0.33	-5.34	-0.48	-21.01	-11.63

Conduit Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-32.6 Mil.

Conduit Holdings (CHIX:CREl) 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.

Conduit Holdings's Interest Expense for the six months ended in Jun. 2024 was £-11.6 Mil. Its EBIT for the six months ended in Jun. 2024 was £88.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was £1.5 Mil.

Conduit Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	88.739	/	-11.633
	=	7.63

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

Conduit Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conduit Holdings Ltd (CHIX:CREl) » Definitions » Interest Expense

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Traded in Other Exchanges

CNDHF:USA CRE:UK CHO:Germany

Address

94 Pitts Bay Road, Ideation House, Pembroke, BMU, HM08

Website

https://www.conduitreinsurance.com

Conduit Holdings Ltd operates in the insurance industry engaged in providing reinsurance products and services to its clients around the world. It operates in three segments property, casualty, and specialty. The majority is from the property division. Geographically, the majority is from the United States.

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