Linea Directa Aseguradora (XMAD:LDA) Interest Expense : €0.0 Mil (TTM As of Dec. 2023)

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What is Linea Directa Aseguradora Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Linea Directa Aseguradora's interest expense for the six months ended in Dec. 2023 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €0.0 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. Linea Directa Aseguradora's Operating Income for the six months ended in Dec. 2023 was € 0.0 Mil. Linea Directa Aseguradora's Interest Expense for the six months ended in Dec. 2023 was € 0.0 Mil. GuruFocus does not calculate Linea Directa Aseguradora's interest coverage with the available data. 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.

Linea Directa Aseguradora Interest Expense Historical Data

The historical data trend for Linea Directa Aseguradora'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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Linea Directa Aseguradora Interest Expense Chart

Linea Directa Aseguradora Annual Data

Trend

Dec20

Dec21

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Dec23

Interest Expense

Linea Directa Aseguradora Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Linea Directa Aseguradora 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 semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Linea Directa Aseguradora (XMAD:LDA) 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.

Linea Directa Aseguradora's Interest Expense for the six months ended in Dec. 2023 was €0.0 Mil. Its EBIT for the six months ended in Dec. 2023 was €0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €2.8 Mil.

Linea Directa Aseguradora's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Linea Directa Aseguradora's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Linea Directa Aseguradora SA has enough cash to cover all of its debt. Its financial situation is stable.

Linea Directa Aseguradora (XMAD:LDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Linea Directa Aseguradora SA (XMAD:LDA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LNDAF:USA LDAe:UK 8I2:Germany

Address

Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760

Website

https://www.lineadirectaaseguradora.com

Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses and commissions.

Linea Directa Aseguradora (XMAD:LDA) Headlines

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