LOLC General Insurance (COL:LGIL.N0000) Interest Expense : රු Mil (TTM As of . 20)

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What is LOLC General Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LOLC General Insurance's interest expense for the six months ended in . 20 was රු 0.00 Mil. LOLC General Insurance does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. LOLC General Insurance's Operating Income for the six months ended in . 20 was රු 0.00 Mil. LOLC General Insurance's Interest Expense for the six months ended in . 20 was රු 0.00 Mil. LOLC General Insurance 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.

LOLC General Insurance Interest Expense Historical Data

The historical data trend for LOLC General Insurance'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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LOLC General Insurance Interest Expense Chart

LOLC General Insurance Annual Data

Trend

Interest Expense

LOLC General Insurance Semi-Annual Data

Interest Expense

LOLC General Insurance Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

LOLC General Insurance (COL:LGIL.N0000) 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.

LOLC General Insurance's Interest Expense for the six months ended in . 20 was රු0.00 Mil. Its EBIT for the six months ended in . 20 was රු0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was රු0.00 Mil.

LOLC General Insurance's Interest Coverage for the quarter that ended in . 20 is calculated as

LOLC General Insurance had no long-term debt ⁽¹⁾.

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

LOLC General Insurance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » LOLC General Insurance PLC (COL:LGIL.N0000) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No.481,T B Jayah Mawatha, Colombo, LKA, 10

Website

https://www.lolcgeneral.com

LOLC General Insurance PLC is engaged in providing insurance. Its offerings include Motor Insurance, Engineering Insurance, Shop Insurance, Title Insurance, Marine Cargo, and Miscellaneous Insurance, among other products. The operating segments of the group are Motor and Non-Motor. The motor insurance segment involves the coverage for motor vehicles against loss or damage caused by accidents, fire and theft and legal liability to third parties in the event of physical injuries or property damage.

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