Protective Insurance (Protective Insurance) Interest Expense : $0.0 Mil (TTM As of Mar. 2021)

View and export this data going back to 1986. Start your Free Trial

What is Protective Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Protective Insurance's interest expense for the three months ended in Mar. 2021 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was $0.0 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. Protective Insurance's Operating Income for the three months ended in Mar. 2021 was $ 0.0 Mil. Protective Insurance's Interest Expense for the three months ended in Mar. 2021 was $ 0.0 Mil. Protective Insurance has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Protective Insurance Interest Expense Historical Data

The historical data trend for Protective 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.

* Premium members only.

Protective Insurance Interest Expense Chart

Protective Insurance Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

Get a 7-Day Free Trial

-23.47

-26.94

-26.74

Protective Insurance Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Protective Insurance 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Protective Insurance (NAS:PTVCB) 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.

Protective Insurance's Interest Expense for the three months ended in Mar. 2021 was $0.0 Mil. Its EBIT for the three months ended in Mar. 2021 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was $0.0 Mil.

Protective Insurance's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

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

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

Good Sign:

Ben Graham prefers companies interest coverage is at least 5. Protective Insurance Corp has enough cash to cover all of its debt. Its financial situation is stable.

Protective Insurance (Protective Insurance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Protective Insurance Corp (NAS:PTVCB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Congressional Boulevard, Suite 500, Carmel, IN, USA, 46032

Website

https://www.protectiveinsurance.com

Protective Insurance Corp is a property-casualty insurer specializing in marketing and underwriting property, liability and workers' compensation coverage for trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. It also offers a range of products and services including commercial automobile and workers' compensation insurance products. The company operates in the reportable segment of the Property and casualty insurance and derives key revenue from the premium income.