Sabre Insurance Group (LSE:SBRE) Interest Expense : £-0.7 Mil (TTM As of Dec. 2023)

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What is Sabre Insurance Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sabre Insurance Group's interest expense for the six months ended in Dec. 2023 was £ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.7 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. Sabre Insurance Group's Operating Income for the six months ended in Dec. 2023 was £ 18.8 Mil. Sabre Insurance Group's Interest Expense for the six months ended in Dec. 2023 was £ 0.0 Mil. Sabre Insurance Group 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.

Sabre Insurance Group Interest Expense Historical Data

The historical data trend for Sabre Insurance 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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Sabre Insurance Group Interest Expense Chart

Sabre Insurance Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.02

-0.01

-0.02

-0.01

Sabre Insurance Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial										-0.01	-	-	-0.72	-

Sabre Insurance 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.7 Mil.

Sabre Insurance Group (LSE:SBRE) 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.

Sabre Insurance Group's Interest Expense for the six months ended in Dec. 2023 was £0.0 Mil. Its EBIT for the six months ended in Dec. 2023 was £18.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £0.0 Mil.

Sabre Insurance Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Sabre Insurance Group had no long-term debt ⁽¹⁾.

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

Sabre Insurance Group (LSE:SBRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sabre Insurance Group PLC (LSE:SBRE) » Definitions » Interest Expense

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SBREl:UK 18M:Germany

Address

150 South Street, Sabre House, Dorking, Surrey, GBR, RH4 2YY

Website

https://www.sabreplc.co.uk

Sabre Insurance Group PLC is a company operating in the insurance sector. The company is an insurer selling car insurance through brokers and directly. It offers car insurance under the Sabre name and also under the Go Girl, Insure 2 Drive, and Drive Smart brands. Its product offering includes nonstandard car insurance, reduced commission insurance, commercial vehicle insurance, and taxi insurance, among others.

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