ZURVY (Zurich Insurance Group AG) Interest Expense : $-440 Mil (TTM As of Dec. 2024)

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What is Zurich Insurance Group AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zurich Insurance Group AG's interest expense for the six months ended in Dec. 2024 was $ -215 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-440 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. Zurich Insurance Group AG's Operating Income for the six months ended in Dec. 2024 was $ 4,196 Mil. Zurich Insurance Group AG's Interest Expense for the six months ended in Dec. 2024 was $ -215 Mil. Zurich Insurance Group AG's Interest Coverage for the quarter that ended in Dec. 2024 was 19.52. 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.

Zurich Insurance Group AG Interest Expense Historical Data

The historical data trend for Zurich Insurance Group AG'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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Zurich Insurance Group AG Interest Expense Chart

Zurich Insurance Group AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-399.00

-469.00

-444.00

-456.00

-440.00

Zurich Insurance Group AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-221.00	-229.00	-227.00	-225.00	-215.00

Zurich Insurance Group AG 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-440 Mil.

Zurich Insurance Group AG (OTCPK:ZURVY) 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.

Zurich Insurance Group AG's Interest Expense for the six months ended in Dec. 2024 was $-215 Mil. Its EBIT for the six months ended in Dec. 2024 was $4,196 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $14,064 Mil.

Zurich Insurance Group AG's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	4196	/	-215
	=	19.52

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

Zurich Insurance Group AG Business Description

Industry

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Traded in Other Exchanges

ZFSVF:USA ZURN N:Mexico ZURNz:UK 0QP2:UK ZFI1:Germany ZFI1:Germany ZURN:Switzerland

Address

Mythenquai 2, Corporate Center, Zurich, CHE, 8002

Website

https://www.zurich.com

Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. Zurich was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. The company subsequently expanded into transport and accident insurance and rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European multilines.