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Dunav Re a.d (XBEL:DNREM) Interest Expense : RSD-6 Mil (TTM As of Dec. 2023)


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What is Dunav Re a.d Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dunav Re a.d's interest expense for the six months ended in Dec. 2023 was RSD 73 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RSD-6 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. Dunav Re a.d's Operating Income for the six months ended in Dec. 2023 was RSD 475 Mil. Dunav Re a.d's Interest Expense for the six months ended in Dec. 2023 was RSD 73 Mil. Dunav Re a.d 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.


Dunav Re a.d Interest Expense Historical Data

The historical data trend for Dunav Re a.d'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.

Dunav Re a.d Interest Expense Chart

Dunav Re a.d 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 -0.22 -0.35 -2.04 -2.29 -6.17

Dunav Re a.d Semi-Annual Data
Dec10 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
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 - -50.00 47.72 -78.97 72.80

Dunav Re a.d 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was RSD-6 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.


Dunav Re a.d  (XBEL:DNREM) 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.

Dunav Re a.d's Interest Expense for the six months ended in Dec. 2023 was RSD73 Mil. Its EBIT for the six months ended in Dec. 2023 was RSD475 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was RSD0 Mil.

Dunav Re a.d's Interest Coverage for the quarter that ended in Dec. 2023 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dunav Re a.d has enough cash to cover all of its debt. Its financial situation is stable.


Dunav Re a.d (XBEL:DNREM) Business Description

Traded in Other Exchanges
N/A
Address
Knez Mihailova 6/II, Beograd, SRB, 11000
Dunav Re a.d is a joint-stock reinsurance company. It provides reinsurance protection. It operates in countries such as Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Turkish part of Cyprus, Germany, Russia, Bulgaria, North Africa (Morocco, Algeria), Asia-Emirates.

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