James River Group Holdings (James River Group Holdings) Interest Expense : $-24.6 Mil (TTM As of Dec. 2023)

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What is James River Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. James River Group Holdings's interest expense for the three months ended in Dec. 2023 was $ -3.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-24.6 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. James River Group Holdings's Operating Income for the three months ended in Dec. 2023 was $ 32.7 Mil. James River Group Holdings's Interest Expense for the three months ended in Dec. 2023 was $ -3.7 Mil. James River Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 8.73. 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.

James River Group Holdings Interest Expense Historical Data

The historical data trend for James River Group Holdings'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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James River Group Holdings Interest Expense Chart

James River Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-10.60

-10.03

-8.92

-13.87

-24.63

James River Group Holdings 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															-2.58	-6.62	-6.94	-7.33	-3.74

James River Group Holdings 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 $-24.6 Mil.

James River Group Holdings (NAS:JRVR) 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.

James River Group Holdings's Interest Expense for the three months ended in Dec. 2023 was $-3.7 Mil. Its EBIT for the three months ended in Dec. 2023 was $32.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $326.4 Mil.

James River Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	32.651	/	-3.738
	=	8.73

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

James River Group Holdings (James River Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » James River Group Holdings Ltd (NAS:JRVR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Pitts Bay Road, Wellesley House, 2nd Floor, Pembroke, BMU, HM08

Website

https://www.jrgh.net

James River Group Holdings Ltd owns and operates a group of specialty insurance and reinsurance companies. It reports business into four segments. The Excess and Surplus Lines segment, which is the key revenue driver, offers commercial excess and surplus lines liability and excess property insurance products; the Specialty Admitted Insurance segment offers workers' compensation insurance coverage as well as specialty admitted fronting and program business; the Casualty Reinsurance segment offers commercial liability and non-catastrophe property reinsurance to US insurance companies and to the company's US-based insurance subsidiaries; and Corporate and Other segments.

Executives

Dennis J. Langwell	director	C/O LIBERTY MUTUAL GROUP, 175 BERKELEY STREET, BOSTON MA 02116
Matthew Botein	director	141 FRONT STREET, HAMILTON D0 HM19
Gallatin Point Capital Llc	director	660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Investments (thames) Lp	director	660 STEAMBOAT ROAD, GREENWICH CT 06830
Lewis A Sachs	director	660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Ii Gp Llc	director	660 STEAMBOAT ROAD, GREENWICH CT 06830
Thomas Lynn Brown	director	8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Gould Kirstin Romann	director	C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter B. Migliorato	director	3401 NORTH OCEAN, NORTH 301, PALM BEACH FL 33480
Patricia H Roberts	director	C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Sherman Ollie L. Jr.	director	C/O JAMES RIVER GROUP HOLDINGS,LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Janet Raye Cowell	director	C/O COOLEY LLP, 11951 FREEDOM DRIVE, SUITE 1600, RESTON VA 20190
Sundar Srinivasan	director	C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08
Sarah C. Doran	officer: Chief Financial Officer	C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Richard Schmitzer	officer: Pres. & CEO - E&S Lines Sgmt	C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08