Tower (ASX:TWR) Other Expense : A$-0.9 Mil (As of Mar. 2024)

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What is Tower Other Expense?

Tower's Other Expense for the six months ended in Mar. 2024 was A$-0.0 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Mar. 2024 was A$-0.9 Mil.

Tower Other Expense Historical Data

The historical data trend for Tower's Other 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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Tower Other Expense Chart

Tower Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Other Expense

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32.36

67.48

59.82

48.16

55.66

Tower Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Other Expense	Get a 7-Day Free Trial															49.67	0.86	57.01	-0.92	-

Tower Other Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For insurance companies, GuruFocus lists Selling, General, & Admin. Expense, Net Policyholder Benefits/Claims, Policy Acquisition Expense, Interest Expense (Positive) and Other Expense under the "Total Expenses" sections.

Other Expense incurred by insurance companies sometimes includes:
Underwriting Expenses
Fees and Commission Expense
Impairment Of Capital Assets
WriteOff
Other (too numerous to list)
Some insurance companies can do choose to report each of these items separately. Yet, there are a variety of other expense which are simply too numerous to list.

Other Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.9 Mil.

Tower Other Expense Related Terms

Thank you for viewing the detailed overview of Tower's Other Expense provided by GuruFocus.com. Please click on the following links to see related term pages.

Tower (ASX:TWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tower Ltd (ASX:TWR) » Definitions » Other Expense

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Traded in Other Exchanges

TWR:New Zealand

Address

136 Fanshawe Street, Level 5, PO Box 90347, Auckland, NTL, NZL, 1142

Website

https://www.tower.co.nz

Tower Ltd is a general insurance company. The company provides insurance services namely car, house, contents, travel, business, boat insurance among others. The company has two geographical segments, New Zealand General Insurance, and Pacific Islands General Insurance. The company derives majority of its revenue from New Zealand segment.

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