GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Verisk Analytics Inc (FRA:VA7A) » Definitions » Interest Expense

Verisk Analytics (FRA:VA7A) Interest Expense : €-109 Mil (TTM As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Verisk Analytics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Verisk Analytics's interest expense for the three months ended in Mar. 2024 was € -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-109 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. Verisk Analytics's Operating Income for the three months ended in Mar. 2024 was € 283 Mil. Verisk Analytics's Interest Expense for the three months ended in Mar. 2024 was € -27 Mil. Verisk Analytics's Interest Coverage for the quarter that ended in Mar. 2024 was 10.64. 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.


Verisk Analytics Interest Expense Historical Data

The historical data trend for Verisk Analytics'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.

Verisk Analytics Interest Expense Chart

Verisk Analytics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -114.12 -113.68 -112.40 -131.03 -105.91

Verisk Analytics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -24.66 -29.17 -27.55 -25.77 -26.59

Verisk Analytics 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-109 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.


Verisk Analytics  (FRA:VA7A) 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.

Verisk Analytics's Interest Expense for the three months ended in Mar. 2024 was €-27 Mil. Its Operating Income for the three months ended in Mar. 2024 was €283 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €2,813 Mil.

Verisk Analytics's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*282.808/-26.588
=10.64

* 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.


Verisk Analytics (FRA:VA7A) Business Description

Traded in Other Exchanges
Address
545 Washington Boulevard, Jersey City, NJ, USA, 07310-1686
Verisk Analytics is the leading provider of statistical, actuarial, and underwriting data for the United States' property and casualty insurance industry. Verisk leverages a vast contributory database and proprietary data assets to develop analytical tools helping insurance providers to better assess and price risk, achieve operational efficiency and optimize claim settlement processes. While Verisk also offers tools to quantify costs after loss events occur and to detect fraudulent activity, it is expanding into adjacent markets of life insurance, marketing, and non-U.S. operations.

Verisk Analytics (FRA:VA7A) Headlines

No Headlines