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Syncora Holdings (Syncora Holdings) Interest Expense : $-58.18 Mil (TTM As of Mar. 2019)


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What is Syncora Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Syncora Holdings's interest expense for the three months ended in Mar. 2019 was $ -5.77 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2019 was $-58.18 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. Syncora Holdings's Operating Income for the three months ended in Mar. 2019 was $ 59.24 Mil. Syncora Holdings's Interest Expense for the three months ended in Mar. 2019 was $ -5.77 Mil. Syncora Holdings's Interest Coverage for the quarter that ended in Mar. 2019 was 10.28. 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.


Syncora Holdings Interest Expense Historical Data

The historical data trend for Syncora Holdings'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.

Syncora Holdings Interest Expense Chart

Syncora Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.35 -82.21 -75.55 -93.70 -79.56

Syncora Holdings Quarterly Data
Dec12 Dec13 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 -27.14 -25.18 -14.97 -12.26 -5.77

Syncora Holdings 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-58.18 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.


Syncora Holdings  (OTCPK:SYCRF) 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.

Syncora Holdings's Interest Expense for the three months ended in Mar. 2019 was $-5.77 Mil. Its EBIT for the three months ended in Mar. 2019 was $59.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2019 was $107.44 Mil.

Syncora Holdings's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Interest Coverage=-1* EBIT (Q: Mar. 2019 )/Interest Expense (Q: Mar. 2019 )
=-1*59.244/-5.765
=10.28

* 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.


Syncora Holdings (Syncora Holdings) Business Description

Traded in Other Exchanges
N/A
Address
22 Victoria Street, Canon's Court, Hamilton, BMU, HM 12
Syncora Holdings Ltd is a Bermuda holding company that provides through its wholly-owned subsidiaries, financial guarantee insurance and reinsurance. It has one reportable operating business segment, Financial Guarantee Insurance. The financial guarantee business segment is conducted through its operating subsidiaries, SGI and SCAI.
Executives
Duncan P Hennes director SYNCORA HOLDINGS LTD, A S COOPER BLDG, 26 REID STREET, HAMILTON D0 HM11
Edward J Muhl director UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Xl Insurance (bermuda) Ltd 10 percent owner XL HOUSE, ONE BERMUDIANA ROAD, HAMILTON D0 HM 11
Mary R Hennessy director 651 CLINTON AVE, HADDONFIELD NJ 08033
Claude Leblanc officer: Executive Vice President ONE BERMUDIANA ROAD, HAMILTON D0 HM 11

Syncora Holdings (Syncora Holdings) Headlines

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