Great Nigeria Insurance (NSA:GNI) Interest Expense : ₦ Mil (TTM As of . 20)

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What is Great Nigeria Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Great Nigeria Insurance's interest expense for the three months ended in . 20 was ₦ 0.00 Mil. Great Nigeria Insurance does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Great Nigeria Insurance's Operating Income for the three months ended in . 20 was ₦ 0.00 Mil. Great Nigeria Insurance's Interest Expense for the three months ended in . 20 was ₦ 0.00 Mil. Great Nigeria Insurance 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.

Great Nigeria Insurance Interest Expense Historical Data

The historical data trend for Great Nigeria Insurance'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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Great Nigeria Insurance Interest Expense Chart

Great Nigeria Insurance Annual Data

Trend

Interest Expense

Great Nigeria Insurance Quarterly Data

Interest Expense

Great Nigeria Insurance Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Great Nigeria Insurance (NSA:GNI) 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.

Great Nigeria Insurance's Interest Expense for the three months ended in . 20 was ₦0.00 Mil. Its EBIT for the three months ended in . 20 was ₦0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ₦0.00 Mil.

Great Nigeria Insurance's Interest Coverage for the quarter that ended in . 20 is calculated as

Great Nigeria Insurance had no long-term debt ⁽¹⁾.

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

Great Nigeria Insurance (NSA:GNI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great Nigeria Insurance PLC (NSA:GNI) » Definitions » Interest Expense

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Website

http://www.gniplc.com

Great Nigeria Insurance PLC provides various insurance service including life, pension, and special risks.

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