Global Insurance (DHA:GLOBALINS) Interest Expense : BDT Mil (TTM As of . 20)

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What is Global Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Insurance's interest expense for the six months ended in . 20 was BDT 0.00 Mil. Global 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. Global Insurance's Operating Income for the six months ended in . 20 was BDT 0.00 Mil. Global Insurance's Interest Expense for the six months ended in . 20 was BDT 0.00 Mil. Global 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.

Global Insurance Interest Expense Historical Data

The historical data trend for Global 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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Global Insurance Interest Expense Chart

Global Insurance Annual Data

Trend

Interest Expense

Global Insurance Semi-Annual Data

Interest Expense

Global Insurance Interest Expense Calculation

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

Global Insurance (DHA:GLOBALINS) 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.

Global Insurance's Interest Expense for the six months ended in . 20 was BDT0.00 Mil. Its EBIT for the six months ended in . 20 was BDT0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was BDT0.00 Mil.

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

Global Insurance had no long-term debt ⁽¹⁾.

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

Global Insurance (DHA:GLOBALINS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Global Insurance Ltd (DHA:GLOBALINS) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Al-Razi Complex (12th floor), 166-167, Shaheed Syed Nazrul, Islam Sarani, Purana Paltan, Dhaka, BGD, 1000

Website

https://www.globalinsurancebd.com

Global Insurance Ltd is a Bangladesh-based non-life insurance company engaged in offering general insurance products and services. The Company has five primary business segments for reporting purpose namely Fire, Marine Cargo, Marine Hull, Motor, and Miscellaneous. The Principal object of the company is to carry out all kinds of insurance, guarantee, and indemnity business other than life insurance business.

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