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SBI Life Insurance Company Limited (BOM:540719) Interest Expense : ₹0 Mil (TTM As of Mar. 2024)


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What is SBI Life Insurance Company Limited Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SBI Life Insurance Company Limited's interest expense for the three months ended in Mar. 2024 was ₹ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹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. SBI Life Insurance Company Limited's Operating Income for the three months ended in Mar. 2024 was ₹ 0 Mil. SBI Life Insurance Company Limited's Interest Expense for the three months ended in Mar. 2024 was ₹ 0 Mil. SBI Life Insurance Company Limited has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

SBI Life Insurance Company Limited Interest Expense Historical Data

The historical data trend for SBI Life Insurance Company Limited'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.

* Premium members only.

SBI Life Insurance Company Limited Interest Expense Chart

SBI Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -84.86 -213.73 -219.91 -248.37 -

SBI Life Insurance Company Limited 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

SBI Life Insurance Company Limited 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 ₹0 Mil.

* 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.

SBI Life Insurance Company Limited  (BOM:540719) Interest Expense Explanation

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. The higher, the better.

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

SBI Life Insurance Company Limited's Interest Expense for the three months ended in Mar. 2024 was ₹0 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.

SBI Life Insurance Company Limited's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

SBI Life Insurance Company Limited had no long-term debt (1).

* 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.

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

Good Sign:

SBI Life Insurance Company Limited has no debt.

SBI Life Insurance Company Limited (BOM:540719) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SBI Life Insurance Company Limited (BOM:540719) » Definitions » Interest Expense
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BOM:540777 BOM:540133 BOM:500271 BOM:532915 BOM:543526 SHSE:601628 SHSE:601318 HKSE:01299 AFL MET PRU SHSE:601601 TSX:MFC LSE:PRU TSX:GWO TPE:2881 TSE:8750 TPE:2882 TSX:POW SHSE:601336
Traded in Other Exchanges
SBILIFE:India
Address
M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069
Website
https://www.sbilife.co.in
SBI Life Insurance Company Limited is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment.

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