Istmo Compania de Reaseguros (XPTY:REIS) Interest Expense: $-4.69 Mil (TTM As of Sep. 2016)


What is Istmo Compania de Reaseguros Interest Expense?

Istmo Compania de Reaseguros XPTY:REIS Interest Expense is $-4.69 Mil as of Sep. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Istmo Compania de Reaseguros's interest expense for the three months ended in Sep. 2016 was $ -1.20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was $-4.69 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. Istmo Compania de Reaseguros's Operating Income for the three months ended in Sep. 2016 was $ -17.99 Mil. Istmo Compania de Reaseguros's Interest Expense for the three months ended in Sep. 2016 was $ -1.20 Mil. Istmo Compania de Reaseguros 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.

Istmo Compania de Reaseguros  (XPTY:REIS) 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.

Istmo Compania de Reaseguros's Interest Expense for the three months ended in Sep. 2016 was $-1.20 Mil. Its EBIT for the three months ended in Sep. 2016 was $-17.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2016 was $69.76 Mil.

Istmo Compania de Reaseguros's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Istmo Compania de Reaseguros did not have earnings to cover the interest expense.

* 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.

Istmo Compania de Reaseguros Interest Expense Historical Data

* Premium members only.

The historical data trend for Istmo Compania de Reaseguros'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.

Istmo Compania de Reaseguros Interest Expense Chart

Istmo Compania de Reaseguros Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Get a 7-Day Free Trial -1.57 -1.14 -1.73 -3.28 -4.08

Istmo Compania de Reaseguros Quarterly Data
Dec09 Dec10 Dec11 Dec12 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -1.11 -1.02 -1.18 -1.28 -1.20

Istmo Compania de Reaseguros 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.69 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-4.69 Mil mean?
Istmo Compania de Reaseguros (XPTY:REIS) has a Interest Expense of $-4.69 Mil as of Sep. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on Istmo Compania de Reaseguros and its competitors.
Is Istmo Compania de Reaseguros' Interest Expense too high?
Istmo Compania de Reaseguros' current Interest Expense is $-4.69 Mil.
How does Istmo Compania de Reaseguros' Interest Expense compare to BCRH and OXBR?
Istmo Compania de Reaseguros' Interest Expense of $-4.69 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Insurance company?
A good Interest Expense depends on the Insurance industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Istmo Compania de Reaseguros and its competitors. Istmo Compania de Reaseguros's current Interest Expense is $-4.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Istmo Compania de Reaseguros stock overvalued right now?
Istmo Compania de Reaseguros (XPTY:REIS) has a current Interest Expense of $-4.69 Mil. The current Interest Expense is $-4.69 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Istmo Compania de Reaseguros (XPTY:REIS), the current Interest Expense is $-4.69 Mil as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Istmo Compania de Reaseguros Business Description

Address Av Paseo Roberto Motta, Costa del Este, PO Box 0816-03239, Pacific Vista Street, No. PH-51, Panama, PAN
Istmo Compania de Reaseguros Inc is a Panamanian reinsurance company. The Company offers reinsurance, insurance and specialized services.