Validus Holdings (Validus Holdings) Interest Expense : $-57.18 Mil (TTM As of Jun. 2018)

View and export this data going back to 2017. Start your Free Trial

What is Validus Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Validus Holdings's interest expense for the three months ended in Jun. 2018 was $ -14.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was $-57.18 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. Validus Holdings's Operating Income for the three months ended in Jun. 2018 was $ 25.21 Mil. Validus Holdings's Interest Expense for the three months ended in Jun. 2018 was $ -14.07 Mil. Validus Holdings's Interest Coverage for the quarter that ended in Jun. 2018 was 1.79. 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.

Validus Holdings Interest Expense Historical Data

The historical data trend for Validus Holdings'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.

Validus Holdings Interest Expense Chart

Validus Holdings Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Interest Expense

Get a 7-Day Free Trial

-59.62

-60.24

-60.72

-56.83

-56.64

Validus Holdings Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Interest Expense	Get a 7-Day Free Trial															-14.04	-14.31	-14.54	-14.26	-14.07

Validus Holdings 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-57.18 Mil.

Validus Holdings (NYSE:VRpBCL.PFD) 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.

Validus Holdings's Interest Expense for the three months ended in Jun. 2018 was $-14.07 Mil. Its EBIT for the three months ended in Jun. 2018 was $25.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2018 was $1,991.09 Mil.

Validus Holdings's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Jun. 2018 )	/	Interest Expense (Q: Jun. 2018 )
	=	-1	*	25.212	/	-14.073
	=	1.79

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

Validus Holdings (Validus Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Validus Holdings Ltd (NYSE:VRpBCL.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.validusholdings.com

Validus Holdings Ltd is a holding company for reinsurance and insurance operating companies and investment advisors. The company includes Validus Reinsurance, Talbot Underwriting, Western World Insurance Group, and AlphaCat Managers. Validus Reinsurance is a Bermuda-based reinsurer focused on treaty reinsurance. Talbot is a specialty insurance group that mainly operates in the Lloyd's insurance market. Western World Insurance Group is a U.S. specialty lines insurance company that specialises in excess and surplus lines. AlphaCat Managers provides investment and capital-management advice for third parties and Validus insurance-linked securities, as well as other property-catastrophe and specialty reinsurance investments.

Executives

Karin Hirtler-garvey	director	112 W. 34TH STREET, NEW YORK NY 10120
Patrick Boisvert	officer: Group Chief Accounting Officer	VALIDUS HOLDINGS, LTD, 29 RICHMOND ROAD, PEMBROKE D0 HM08
Gail M Ross	director	VALIDUS HOLDINGS, LTD., 29 RICHMOND RD, PEMBROKE D0 HM 08
Peter Anthony Bilsby	officer: CEO, Talbot Underwriting Ltd.	VALIDUS HOLDINGS, LTD., 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Christopher E Watson	director	C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Michael Richard Moore	officer: Chief Accounting Officer	C/O VALIDUS HOLDINGS, 29 RICHMOND RD, PEMBROKE D0 HM08
Therese M Vaughan	director	VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Karen Salam	officer: EVP, Group Chief Risk Officer	VALIDUS HOLDINGS, THE CHARTIS BUILDING/29 RICHMOND ROAD, PEMBROKE D0 HM08
Lixin Zeng	officer: Pres, CEO Alpha Cat & Research	VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Kean Driscoll	officer: CEO, Validus Reinsurance, Ltd.	VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Jeffrey Sangster	officer: Chief Accounting Officer	VALIDUS HOLDINGS, 29 RICHMOND RD. / CHARTIS HOUSE, PEMBROKE D0 HM 08
Mahmoud Abdallah	director	VALIDUS HOLDINGS, 29 RICHMOND ROAD / CHARTIS HOUSE, PEMBROKE D0 HM 08
Andrew E. Kudera	officer: EVP, Chief Actuary	VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Robert F Kuzloski	officer: EVP, Chief Corp. Legal Officer	VALIDUS HOLDINGS, THE CHARTIS HOUSE / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Andrew Mark Gibbs	officer: EVP, Group Controller	VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08