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General Insurance of India (BOM:540755) Interest Expense : ₹0 Mil (TTM As of Dec. 2023)


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What is General Insurance of India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. General Insurance of India's interest expense for the three months ended in Dec. 2023 was ₹ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹0 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. General Insurance of India's Operating Income for the three months ended in Dec. 2023 was ₹ 0 Mil. General Insurance of India's Interest Expense for the three months ended in Dec. 2023 was ₹ 0 Mil. General Insurance of India has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


General Insurance of India Interest Expense Historical Data

The historical data trend for General Insurance of India'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.

* Premium members only.

General Insurance of India Interest Expense Chart

General Insurance of India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -346.81 -275.08 -631.23 -627.48 -

General Insurance of India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

General Insurance of India 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 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.


General Insurance of India  (BOM:540755) 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.

General Insurance of India's Interest Expense for the three months ended in Dec. 2023 was ₹0 Mil. Its EBIT for the three months ended in Dec. 2023 was ₹0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

General Insurance of India's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

General Insurance of India had no long-term debt (1).

* 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.

Good Sign:

General Insurance Corp of India has no debt.


General Insurance of India (BOM:540755) Business Description

Traded in Other Exchanges
Address
170, Jamshedji Tata Road, Suraksha, Churchgate, Mumbai, MH, IND, 400 020
General Insurance Corporation of India is a reinsurance company. It provides reinsurance for business lines including fire (property), marine, motor, engineering, agriculture, aviation/space, health, liability, credit, and financial and life insurance. Geographically, the business activities of the groups are carried out through the region of India.

General Insurance of India (BOM:540755) Headlines

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