Fairfax Financial Holdings (TSX:FFH) Interest Expense : C$-687 Mil (TTM As of Dec. 2023)

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What is Fairfax Financial Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fairfax Financial Holdings's interest expense for the three months ended in Dec. 2023 was C$ -175 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-687 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. Fairfax Financial Holdings's Operating Income for the three months ended in Dec. 2023 was C$ 2,460 Mil. Fairfax Financial Holdings's Interest Expense for the three months ended in Dec. 2023 was C$ -175 Mil. Fairfax Financial Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 14.05. 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.

Fairfax Financial Holdings Interest Expense Historical Data

The historical data trend for Fairfax Financial 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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Fairfax Financial Holdings Interest Expense Chart

Fairfax Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-621.58

-609.58

-657.79

-615.13

-684.22

Fairfax Financial 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															-170.76	-170.08	-173.25	-168.87	-175.08

Fairfax Financial 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 C$-687 Mil.

Fairfax Financial Holdings (TSX:FFH) 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.

Fairfax Financial Holdings's Interest Expense for the three months ended in Dec. 2023 was C$-175 Mil. Its EBIT for the three months ended in Dec. 2023 was C$2,460 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$13,427 Mil.

Fairfax Financial 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	*	2460.226	/	-175.079
	=	14.05

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

Fairfax Financial Holdings (TSX:FFH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fairfax Financial Holdings Ltd (TSX:FFH) » Definitions » Interest Expense

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Address

95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7

Website

https://www.fairfax.ca

Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.

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