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Gjensidige Forsikring ASA (OSTO:GJFO) Interest Expense : kr-2,275 Mil (TTM As of Sep. 2024)


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What is Gjensidige Forsikring ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gjensidige Forsikring ASA's interest expense for the three months ended in Sep. 2024 was kr -535 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-2,275 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. Gjensidige Forsikring ASA's Operating Income for the three months ended in Sep. 2024 was kr 0 Mil. Gjensidige Forsikring ASA's Interest Expense for the three months ended in Sep. 2024 was kr -535 Mil. Gjensidige Forsikring ASA 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.

Gjensidige Forsikring ASA Interest Expense Historical Data

The historical data trend for Gjensidige Forsikring ASA'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.

Gjensidige Forsikring ASA Interest Expense Chart

Gjensidige Forsikring ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -814.60 -789.70 -477.30 -937.40 -2,083.90

Gjensidige Forsikring ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -544.70 -877.30 -863.40 - -534.50

Gjensidige Forsikring ASA 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-2,275 Mil.

* 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.

Gjensidige Forsikring ASA  (OSTO:GJFo) 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.

Gjensidige Forsikring ASA's Interest Expense for the three months ended in Sep. 2024 was kr-535 Mil. Its EBIT for the three months ended in Sep. 2024 was kr0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr4,980 Mil.

Gjensidige Forsikring ASA's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

* 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.

Gjensidige Forsikring ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gjensidige Forsikring ASA (OSTO:GJFo) » Definitions » Interest Expense
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Traded in Other Exchanges
GJNSY:USA GJF:Norway GJFo:UK 0OJC:UK XGJ:Germany
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Website
https://www.gjensidige.no
Gjensidige Forsikring ASA is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway.

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