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Zambia Reinsurance (LUS:ZAMBIA RE) Interest Expense : ZMW Mil (TTM As of . 20)


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What is Zambia Reinsurance Interest Expense?

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


Zambia Reinsurance Interest Expense Historical Data

The historical data trend for Zambia Reinsurance'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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Zambia Reinsurance Interest Expense Chart

Zambia Reinsurance Annual Data
Trend
Interest Expense

Zambia Reinsurance Semi-Annual Data
Interest Expense

Zambia Reinsurance Interest Expense Calculation

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


Zambia Reinsurance  (LUS:ZAMBIA RE) 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.

Zambia Reinsurance's Interest Expense for the six months ended in . 20 was ZMW0.00 Mil. Its EBIT for the six months ended in . 20 was ZMW0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was ZMW0.00 Mil.

Zambia Reinsurance's Interest Coverage for the quarter that ended in . 20 is calculated as

Zambia Reinsurance had no long-term debt (1).

* 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.


Zambia Reinsurance Business Description

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Address
Plot 7, Namambozi Road, Fairview, P/B E891, Postnet Box 658, Lusaka, ZMB
Zambia Reinsurance PLC, formerly Prima Reinsurance PLC is a reinsurance company. It is mainly engaged in underwriting all classes of marine and non-marine reinsurance business namely fire, motor, miscellaneous accident, engineering, aviation, and agriculture. The company is also licensed to reinsure life assurance products.

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