American Financial Group (FRA:QFI) Interest Expense : €-70 Mil (TTM As of Mar. 2024)

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What is American Financial Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Financial Group's interest expense for the three months ended in Mar. 2024 was € -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-70 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. American Financial Group's Operating Income for the three months ended in Mar. 2024 was € 297 Mil. American Financial Group's Interest Expense for the three months ended in Mar. 2024 was € -17 Mil. American Financial Group's Interest Coverage for the quarter that ended in Mar. 2024 was 17.00. 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.

American Financial Group Interest Expense Historical Data

The historical data trend for American Financial 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.

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American Financial Group Interest Expense Chart

American Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-61.20

-72.34

-83.19

-80.24

-69.69

American Financial 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															-17.75	-17.54	-17.80	-17.42	-17.48

American Financial 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 €-70 Mil.

American Financial Group (FRA:QFI) 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.

American Financial Group's Interest Expense for the three months ended in Mar. 2024 was €-17 Mil. Its EBIT for the three months ended in Mar. 2024 was €297 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,357 Mil.

American Financial 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	*	297.16	/	-17.48
	=	17.00

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

American Financial Group (FRA:QFI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Financial Group Inc (FRA:QFI) » Definitions » Interest Expense

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AFG:USA

Address

301 East Fourth Street, Cincinnati, OH, USA, 45202

Website

https://www.afginc.com

American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.

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