Nepal Life Insurance Co (XNEP:NLIC) Interest Expense : NPR-29 Mil (TTM As of Oct. 2024)

Nepal Life Insurance Co Interest Expense Chart

Nepal Life Insurance Co Annual Data
	Trend	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23	Jul24
Interest Expense		Get a 7-Day Free Trial					-6,433.98	-7,426.51	-14.47	-15.66	-31.74

Nepal Life Insurance Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Interest Expense	Get a 7-Day Free Trial															-3.63	-3.63	-3.63	-20.86	-0.67

Nepal Life Insurance Co 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR-29 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.

Nepal Life Insurance Co  (XNEP:NLIC) 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.

Nepal Life Insurance Co's Interest Expense for the three months ended in Oct. 2024 was NPR-1 Mil. Its EBIT for the three months ended in Oct. 2024 was NPR1,422 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was NPR0 Mil.

Nepal Life Insurance Co's Interest Coverage for the quarter that ended in Oct. 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nepal Life Insurance Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Nepal Life Insurance Co Business Description