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PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) Interest Expense : Rp-131,737 Mil (TTM As of Mar. 2024)


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What is PT Maskapai Reasuransi Indonesia Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Maskapai Reasuransi Indonesia Tbk's interest expense for the three months ended in Mar. 2024 was Rp -35,282 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-131,737 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. PT Maskapai Reasuransi Indonesia Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 0 Mil. PT Maskapai Reasuransi Indonesia Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -35,282 Mil. PT Maskapai Reasuransi Indonesia Tbk did not have earnings to cover the interest expense. 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.

PT Maskapai Reasuransi Indonesia Tbk Interest Expense Historical Data

The historical data trend for PT Maskapai Reasuransi Indonesia Tbk'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.

PT Maskapai Reasuransi Indonesia Tbk Interest Expense Chart

PT Maskapai Reasuransi Indonesia Tbk 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 -92,966.32 -104,420.64 -112,344.19 -115,586.88 -126,399.01

PT Maskapai Reasuransi Indonesia Tbk 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 -29,944.14 -28,958.53 -32,741.13 -34,755.22 -35,282.02

PT Maskapai Reasuransi Indonesia Tbk 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 Rp-131,737 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.

PT Maskapai Reasuransi Indonesia Tbk  (ISX:MREI) 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.

PT Maskapai Reasuransi Indonesia Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-35,282 Mil. Its EBIT for the three months ended in Mar. 2024 was Rp0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp0 Mil.

PT Maskapai Reasuransi Indonesia Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

* 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.

PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) » Definitions » Interest Expense
Comparable Companies
ISX:RDTX ISX:MFIN ISX:INPC ISX:TGKA ISX:KEEN ISX:PCAR ISX:BISI ISX:UCID ISX:ELPI ISX:STAA XTER:MUV2 XSWX:SREN XTER:HNR1 EG RNR RGA XPAR:SCR BOM:540755 HKSE:01508 XPAR:COFA
Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman Kav. 76-78, Plaza Marein, 18th Floor, Jakarta, IDN, 12910
Website
https://www.marein-re.com
PT Maskapai Reasuransi Indonesia Tbk involves in the reinsurance business across Indonesia. Its divisions are Life Reinsurance and General Reinsurance. The company's business offering includes fire, marine cargo, marine hull, motor vehicles, and life reinsurance products. Some of its products include personal accidents, lines, marine, critical illness, disability, and health.

PT Maskapai Reasuransi Indonesia Tbk (ISX:MREI) Headlines

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