Discontinued — last reported Q4 '23
Markel Ventures — Interest Expense
Markel Markel Ventures — Interest Expense increased by 0.7% to $10.74M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 15.1%, from $12.66M to $10.74M. Over 2 years (FY 2021 to FY 2023), Markel Ventures — Interest Expense shows an upward trend with a 16.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may signal higher debt levels or rising interest rates, which can pressure segment profitability and cash flow.
Detailed definition
The total cost of debt financing incurred by a specific business segment, including interest on external loans and credi...
Peer comparison
Standard financial metric for business segments with independent capital structures; peers report as 'Interest Expense'.
mkl_segment_markel_ventures_interest_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.76M | $8.76M | $8.76M | $11.18M | $11.03M | $11.92M | $12.66M | $12.92M | $12.90M | $10.66M | $10.74M |
| QoQ Change | — | +0.0% | +0.0% | +27.6% | -1.4% | +8.1% | +6.2% | +2.1% | -0.2% | -17.3% | +0.7% |
| YoY Change | — | — | — | — | +25.9% | +36.1% | +44.5% | +15.6% | +17.0% | -10.6% | -15.1% |
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Frequently Asked Questions
- What is Markel's markel ventures — interest expense?
- Markel (MKL) reported markel ventures — interest expense of $10.74M in Q4 2023.
- How has Markel's markel ventures — interest expense changed year-over-year?
- Markel's markel ventures — interest expense decreased by 15.1% year-over-year, from $12.66M to $10.74M.
- What is the long-term trend for Markel's markel ventures — interest expense?
- Over 2 years (2021 to 2023), Markel's markel ventures — interest expense has grown at a 16.1% compound annual growth rate (CAGR), from $35.03M to $47.23M.
- What does markel ventures — interest expense mean?
- The cost of borrowing money for the segment's operations.