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Helios Underwriting (LSE:HUW) Interest Expense : £-2.0 Mil (TTM As of Dec. 2023)


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What is Helios Underwriting Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Helios Underwriting's interest expense for the six months ended in Dec. 2023 was £ -1.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-2.0 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. Helios Underwriting's Operating Income for the six months ended in Dec. 2023 was £ 0.0 Mil. Helios Underwriting's Interest Expense for the six months ended in Dec. 2023 was £ -1.8 Mil. Helios Underwriting did not have earnings to cover the interest expense. 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.


Helios Underwriting Interest Expense Historical Data

The historical data trend for Helios Underwriting'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.

Helios Underwriting Interest Expense Chart

Helios Underwriting 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 -0.24 -0.16 -0.07 -0.89 -1.72

Helios Underwriting Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.02 -0.08 -0.44 -0.23 -1.81

Helios Underwriting 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 £-2.0 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.


Helios Underwriting  (LSE:HUW) 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.

Helios Underwriting's Interest Expense for the six months ended in Dec. 2023 was £-1.8 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 £59.1 Mil.

Helios Underwriting's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

* 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.


Helios Underwriting (LSE:HUW) Business Description

Traded in Other Exchanges
N/A
Address
40 Gracechurch Street, 5th Floor, London, GBR, EC3V 0BT
Helios Underwriting PLC is a part of the financial services domain. Its core business includes limited liability investment for its shareholders in Lloyd's insurance market through syndicate participation, investment management, and other corporate activities. Most of its income is generated through the syndicate participation business.

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