Topdanmark A/S (Topdanmark A/S) Interest Expense : $-56 Mil (TTM As of Mar. 2024)

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What is Topdanmark A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Topdanmark A/S's interest expense for the three months ended in Mar. 2024 was $ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-56 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. Topdanmark A/S's Operating Income for the three months ended in Mar. 2024 was $ 0 Mil. Topdanmark A/S's Interest Expense for the three months ended in Mar. 2024 was $ -14 Mil. Topdanmark A/S 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.

Topdanmark A/S Interest Expense Historical Data

The historical data trend for Topdanmark A/S'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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Topdanmark A/S Interest Expense Chart

Topdanmark A/S Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-11.60

-16.68

-48.63

-20.93

-15.36

Topdanmark A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-11.22	-14.99	-12.16	-14.19	-14.29

Topdanmark A/S 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-56 Mil.

Topdanmark A/S (OTCPK:TPDKY) 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.

Topdanmark A/S's Interest Expense for the three months ended in Mar. 2024 was $-14 Mil. Its EBIT for the three months ended in Mar. 2024 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $358 Mil.

Topdanmark A/S's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

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

Topdanmark A/S (Topdanmark A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Topdanmark A/S (OTCPK:TPDKY) » Definitions » Interest Expense

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Traded in Other Exchanges

TOPc:UK 0QCQ:UK TOP:Denmark TQ71:Germany

Address

Borupvang 4, Ballerup, DNK, DK-2750

Website

https://www.topdanmark.com

Topdanmark A/S is a diversified insurance company that offers a variety of insurance products in Denmark. The company strives to maintain an expense ratio lower than the general market. Topdanmark offers life insurance, as well as non-life-insurance products that cover private households and small businesses. The company´s insurance business is segmented into three: Private offers non-life insurance policies to individual households in Denmark. This segment also includes illness and accident insurance offered through the life company; SME offers non-life insurance policies to Danish-based agricultural and SME businesses; Life offers products within life insurance and pension funds to both private and SME customers in Denmark.