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Life Insurance Nepal (XNEP:LICN) Interest Expense (Positive) : NPR1,164 Mil (As of Oct. 2024)


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What is Life Insurance Nepal Interest Expense (Positive)?

Interest expense is the amount reported by a company or individual as an expense for borrowed money. Life Insurance Nepal's Interest Expense (Positive) for the three months ended in Oct. 2024 was NPR4 Mil. Its Interest Expense (Positive) for the trailing twelve months (TTM) ended in Oct. 2024 was NPR1,164 Mil.

Life Insurance Nepal Interest Expense (Positive) Historical Data

The historical data trend for Life Insurance Nepal's Interest Expense (Positive) 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.

Life Insurance Nepal Interest Expense (Positive) Chart

Life Insurance Nepal Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense (Positive)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,958.03 4,769.10 5,557.94 8,387.43 23.92

Life Insurance Nepal Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
Interest Expense (Positive) 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 23.92 531.84 582.15 577.20 4.20

Life Insurance Nepal Interest Expense (Positive) Calculation

Interest Expense (Positive) is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense (Positive) 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 NPR1,164 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.

Life Insurance Nepal Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corp Nepal Ltd (XNEP:LICN) » Definitions » Interest Expense (Positive)
Comparable Companies
XNEP:NLICL XNEP:NLIC SHSE:601318 SHSE:601628 HKSE:01299 AFL BOM:543526 TSX:MFC MET SHSE:601601 PRU TSX:GWO TPE:2881 LSE:PRU TSE:8750 TPE:2882 TSX:POW BOM:540719 SHSE:601336 BOM:540777
Traded in Other Exchanges
N/A
Address
Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL
Website
https://www.licnepal.com.np
Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of Nepal's most capitalized insurance companies. It offers a range of life insurance products such as endowment plans, child plans, money-back plans, and services like reviving a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's majority source of revenue is through insurance premiums, which are received either by direct remittance of cheques or bank drafts.