Assured Guaranty (FRA:DHU) Interest Expense : €-85.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Assured Guaranty Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Assured Guaranty's interest expense for the three months ended in Mar. 2024 was € -21.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-85.0 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. Assured Guaranty's Operating Income for the three months ended in Mar. 2024 was € 153.6 Mil. Assured Guaranty's Interest Expense for the three months ended in Mar. 2024 was € -21.2 Mil. Assured Guaranty's Interest Coverage for the quarter that ended in Mar. 2024 was 7.26. 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.

Assured Guaranty Interest Expense Historical Data

The historical data trend for Assured Guaranty'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.

Assured Guaranty Interest Expense Chart

Assured Guaranty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-80.10

-69.87

-77.00

-76.46

-82.53

Assured Guaranty Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-19.61	-20.31	-22.49	-21.09	-21.16

Assured Guaranty 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-85.0 Mil.

Assured Guaranty (FRA:DHU) 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.

Assured Guaranty's Interest Expense for the three months ended in Mar. 2024 was €-21.2 Mil. Its EBIT for the three months ended in Mar. 2024 was €153.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,559.4 Mil.

Assured Guaranty's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	153.64	/	-21.16
	=	7.26

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

Assured Guaranty (FRA:DHU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assured Guaranty Ltd (FRA:DHU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AGO:USA DHU:Germany

Address

30 Woodbourne Avenue, Hamilton, BMU, HM 08

Website

https://www.assuredguaranty.com

Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid strategy funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.

Assured Guaranty (FRA:DHU) Headlines

No Headlines