Jubilee General Insurance Co (KAR:JGICL) Interest Expense : ₨-2,019 Mil (TTM As of Mar. 2024)

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What is Jubilee General Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jubilee General Insurance Co's interest expense for the three months ended in Mar. 2024 was ₨ -544 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-2,019 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. Jubilee General Insurance Co's Operating Income for the three months ended in Mar. 2024 was ₨ 0 Mil. Jubilee General Insurance Co's Interest Expense for the three months ended in Mar. 2024 was ₨ -544 Mil. Jubilee General Insurance Co 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.

Jubilee General Insurance Co Interest Expense Historical Data

The historical data trend for Jubilee General Insurance Co'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.

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Jubilee General Insurance Co Interest Expense Chart

Jubilee General Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-794.20

-859.67

-1,025.92

-1,310.40

-1,846.81

Jubilee General Insurance Co 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															-373.94	-458.30	-448.46	-568.58	-543.97

Jubilee General Insurance Co 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 ₨-2,019 Mil.

Jubilee General Insurance Co (KAR:JGICL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Jubilee General Insurance Co's Interest Expense for the three months ended in Mar. 2024 was ₨-544 Mil. Its EBIT for the three months ended in Mar. 2024 was ₨0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₨0 Mil.

Jubilee General Insurance Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

The higher the ratio, the stronger the company's financial strength is.

Jubilee General Insurance Co (KAR:JGICL) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Jubilee General Insurance Co Ltd (KAR:JGICL) » Definitions » Interest Expense

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Address

I. I. Chundrigar Road, 2nd Floor, Jubilee Insurance House, Karachi, PAK, 74000

Website

https://www.jubileegeneral.com.pk

Jubilee General Insurance Co Ltd is engaged in the insurance business sector. The Company has six business segments for reporting purposes namely fire, marine, motor, accident and health, liability and miscellaneous. It generates majority of its revenue from the Fire and Property segment followed by the Accident and Health. The Company operates in Pakistan and provides the service of assurance to its clients all over the Country through its operative branches.

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