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Vaudoise Assurances Holding (CHIX:VAHNZ) Interest Expense : CHF-26 Mil (TTM As of Jun. 2024)


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What is Vaudoise Assurances Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vaudoise Assurances Holding's interest expense for the six months ended in Jun. 2024 was CHF -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-26 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. Vaudoise Assurances Holding's Operating Income for the six months ended in Jun. 2024 was CHF 122 Mil. Vaudoise Assurances Holding's Interest Expense for the six months ended in Jun. 2024 was CHF -33 Mil. Vaudoise Assurances Holding's Interest Coverage for the quarter that ended in Jun. 2024 was 3.71. 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.


Vaudoise Assurances Holding Interest Expense Historical Data

The historical data trend for Vaudoise Assurances Holding'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.

Vaudoise Assurances Holding Interest Expense Chart

Vaudoise Assurances Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.92 -0.17 -0.09 -0.89 -3.04

Vaudoise Assurances Holding Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -15.28 14.39 -9.42 6.38 -32.84

Vaudoise Assurances Holding 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 CHF-26 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.


Vaudoise Assurances Holding  (CHIX:VAHNz) 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.

Vaudoise Assurances Holding's Interest Expense for the six months ended in Jun. 2024 was CHF-33 Mil. Its EBIT for the six months ended in Jun. 2024 was CHF122 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was CHF0 Mil.

Vaudoise Assurances Holding'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*121.752/-32.842
=3.71

* 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.


Vaudoise Assurances Holding Business Description

Traded in Other Exchanges
Address
Place de Milan, Case Postale 120, Lausanne, CHE, 1001
Vaudoise Assurances Holding SA is a Switzerland based company engaged in the provision of life and non-life insurance services. The company, together with its subsidiaries, offers health, accident, fire, and third party, as well as motor and transport insurance products. It primarily serves individuals, small and medium scale businesses, and public sector.

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