Adriatic Osiguranje DD (ZAG:JDOS) Interest Expense: €-7.2 Mil (TTM As of Sep. 2023)


What is Adriatic Osiguranje DD Interest Expense?

Adriatic Osiguranje DD ZAG:JDOS Interest Expense is €-7.2 Mil as of Sep. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adriatic Osiguranje DD's interest expense for the three months ended in Sep. 2023 was € -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €-7.2 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. Adriatic Osiguranje DD's Operating Income for the three months ended in Sep. 2023 was € 0.8 Mil. Adriatic Osiguranje DD's Interest Expense for the three months ended in Sep. 2023 was € -0.9 Mil. Adriatic Osiguranje DD's Interest Coverage for the quarter that ended in Sep. 2023 was 0.95. 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.

Adriatic Osiguranje DD  (ZAG:JDOS) 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.

Adriatic Osiguranje DD's Interest Expense for the three months ended in Sep. 2023 was €-0.9 Mil. Its EBIT for the three months ended in Sep. 2023 was €0.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was €3.3 Mil.

Adriatic Osiguranje DD's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* EBIT (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*0.849/-0.894
=0.95

* 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.

Adriatic Osiguranje DD Interest Expense Historical Data

* Premium members only.

The historical data trend for Adriatic Osiguranje DD'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.

Adriatic Osiguranje DD Interest Expense Chart

Adriatic Osiguranje DD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -0.54 -0.48 -4.07 -4.82

Adriatic Osiguranje DD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.36 -3.29 -0.58 -2.43 -0.89

Adriatic Osiguranje DD 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-7.2 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 €-7.2 Mil mean?
Adriatic Osiguranje DD (ZAG:JDOS) has a Interest Expense of €-7.2 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Adriatic Osiguranje DD and its competitors.
Is Adriatic Osiguranje DD's Interest Expense too high?
Adriatic Osiguranje DD's current Interest Expense is €-7.2 Mil.
How does Adriatic Osiguranje DD's Interest Expense compare to HALL?
Adriatic Osiguranje DD's Interest Expense of €-7.2 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 Adriatic Osiguranje DD and its competitors. Adriatic Osiguranje DD's current Interest Expense is €-7.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adriatic Osiguranje DD stock overvalued right now?
Adriatic Osiguranje DD (ZAG:JDOS) has a current Interest Expense of €-7.2 Mil. The current Interest Expense is €-7.2 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 Adriatic Osiguranje DD (ZAG:JDOS), the current Interest Expense is €-7.2 Mil as of Sep. 2023. 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.

Adriatic Osiguranje DD Business Description

Address Listopadska 2, Zagreb, HRV, 10000
Adriatic Osiguranje DD formerly Jadransko Osiguranje dd operates in the insurance industry in Croatia. The company offers property insurance and travel insurance. It specializes in Motor vehicle insurance.