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Kinsale Capital Group (FRA:KCH) Interest Expense : €-9 Mil (TTM As of Mar. 2024)


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What is Kinsale Capital Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kinsale Capital Group's interest expense for the three months ended in Mar. 2024 was € -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-9 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. Kinsale Capital Group's Operating Income for the three months ended in Mar. 2024 was € 109 Mil. Kinsale Capital Group's Interest Expense for the three months ended in Mar. 2024 was € -2 Mil. Kinsale Capital Group's Interest Coverage for the quarter that ended in Mar. 2024 was 48.84. 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.


Kinsale Capital Group Interest Expense Historical Data

The historical data trend for Kinsale Capital Group'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.

Kinsale Capital Group Interest Expense Chart

Kinsale Capital Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.37 -0.14 -0.88 -4.04 -9.45

Kinsale Capital Group 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 -2.40 -2.51 -2.41 -2.23 -2.23

Kinsale Capital Group 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 €-9 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.


Kinsale Capital Group  (FRA:KCH) 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.

Kinsale Capital Group's Interest Expense for the three months ended in Mar. 2024 was €-2 Mil. Its EBIT for the three months ended in Mar. 2024 was €109 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €169 Mil.

Kinsale Capital Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* EBIT (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*108.826/-2.228
=48.84

* 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.


Kinsale Capital Group (FRA:KCH) Business Description

Traded in Other Exchanges
Address
2035 Maywill Street, Suite 100, Richmond, VA, USA, 23230
Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, a professional, and a public entity. The company operates in only one reportable segment that is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.

Kinsale Capital Group (FRA:KCH) Headlines

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