Life Insurance of India (NSE:LICI) Interest Expense : ₹0 Mil (TTM As of Dec. 2023)

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What is Life Insurance of India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Life Insurance of India's interest expense for the three months ended in Dec. 2023 was ₹ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹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. Life Insurance of India's Operating Income for the three months ended in Dec. 2023 was ₹ 0 Mil. Life Insurance of India's Interest Expense for the three months ended in Dec. 2023 was ₹ 0 Mil. Life Insurance of India 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.

Life Insurance of India Interest Expense Historical Data

The historical data trend for Life Insurance of India'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.

Life Insurance of India Interest Expense Chart

Life Insurance of India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

-34,725.35

-133,457.83

-1,136.20

-867.00

Life Insurance of India Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial									-	-	-	-	-

Life Insurance of India 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 quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Life Insurance of India (NSE:LICI) 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.

Life Insurance of India's Interest Expense for the three months ended in Dec. 2023 was ₹0 Mil. Its EBIT for the three months ended in Dec. 2023 was ₹0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₹0 Mil.

Life Insurance of India's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Life Insurance of India had no long-term debt ⁽¹⁾.

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

Good Sign:

Life Insurance Corporation of India has no debt.

Life Insurance of India (NSE:LICI) Business Description

Industry

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543526:India

Address

Jeevan Bima Marg, Central Office, Yogakshema, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.licindia.in

Life Insurance Corporation of India is engaged in providing life insurance in India. The company offers diversified product portfolio covering various segments across individual products and approximately 178 group products.

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