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Security National Financial (FRA:XSNA) Interest Expense : €-4.1 Mil (TTM As of Mar. 2024)


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What is Security National Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Security National Financial's interest expense for the three months ended in Mar. 2024 was € -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-4.1 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. Security National Financial's Operating Income for the three months ended in Mar. 2024 was € 9.8 Mil. Security National Financial's Interest Expense for the three months ended in Mar. 2024 was € -0.9 Mil. Security National Financial's Interest Coverage for the quarter that ended in Mar. 2024 was 10.37. 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.

Security National Financial Interest Expense Historical Data

The historical data trend for Security National Financial'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.

Security National Financial Interest Expense Chart

Security National Financial 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 -6.65 -7.05 -6.31 -7.39 -4.46

Security National Financial 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 -1.36 -1.31 -1.08 -0.78 -0.95

Security National Financial 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 €-4.1 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.

Security National Financial  (FRA:XSNA) 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.

Security National Financial's Interest Expense for the three months ended in Mar. 2024 was €-0.9 Mil. Its EBIT for the three months ended in Mar. 2024 was €9.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €96.0 Mil.

Security National Financial'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*9.795/-0.945
=10.37

* 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.

Security National Financial (FRA:XSNA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Security National Financial Corp (FRA:XSNA) » Definitions » Interest Expense
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Traded in Other Exchanges
SNFCA:USA
Address
433 West Ascension Way, Salt Lake City, UT, USA, 84123
Website
https://www.securitynational.com
Security National Financial Corp is engaged in the life insurance, cemetery and mortuary, and mortgage loan businesses. The life insurance segment is engaged in the business of selling and servicing selected lines of life insurance, annuity products, and accident and health insurance. Its cemetery and mortuary segment consists of approximately seven mortuaries and five cemeteries in the state of Utah and a cemetery in the state of California. The mortgage loan segment originates and underwrites or otherwise purchases residential and commercial loans for new construction, existing homes, and real estate projects. Geographically all the business activity is functioned through the region of the USA and it derives the majority of revenue from Mortgage segment.

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