Goldlink Insurance (NSA:GOLDINSURE) Interest Expense : ₦ Mil (TTM As of . 20)

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What is Goldlink Insurance Interest Expense?

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

Goldlink Insurance Interest Expense Historical Data

The historical data trend for Goldlink 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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Goldlink Insurance Interest Expense Chart

Goldlink Insurance Annual Data

Trend

Interest Expense

Goldlink Insurance Quarterly Data

Interest Expense

Goldlink Insurance Interest Expense Calculation

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

Goldlink Insurance (NSA:GOLDINSURE) 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.

Goldlink Insurance's Interest Expense for the three months ended in . 20 was ₦0.00 Mil. Its EBIT for the three months ended in . 20 was ₦0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ₦0.00 Mil.

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

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

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

Goldlink Insurance (NSA:GOLDINSURE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Goldlink Insurance PLC (NSA:GOLDINSURE) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

6, Emmanuel Street, Goldlink Plaza, P.O.BOX 5987, Maryland, Marina, Lagos, NGA

Website

http://www.goldlinkplc.com

Goldlink Insurance PLC is engaged in life and general businesses which includes fire and special perils, motor insurance, life & pension, oil & gas, travel insurance and many others. The company product list includes compulsory insurance, engineering policies, general accident, group life insurance, individual life insurance, liability policies, marine & aviation, motor insurance, oil & gas, re-insurance and school safety.

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