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RenaissanceRe Holdings RNR Corporate Non — Interest Expense

Discontinued — last reported Q2 '18

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Other financials

Income statement

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Revenue$2.2B-36.8%
Net income$293.4M+72.6%
EPS (diluted)$6.57+101%

Balance sheet

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Cash & equivalents$1.6B-4.3%
Total debt$2.3B-15.4%
Total equity$11.5B+11.3%
Total assets$53.7B+0.2%

Cash flow

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Operating cash flow$687.6M+336%

Valuation

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Market cap$12.75B+9.1%
Enterprise value$13.52B+5.5%
P/E4.6×-1.8×
P/S1.1×+0.2×

Profitability

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Net margin24.2%+9.5pp

Returns & leverage

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Return on equity25.7%+7.2pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by RenaissanceRe Holdings in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The official record: RenaissanceRe Holdings’s 10-Q, filed July 25, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate non — interest expense mean?
The cost of interest paid on the company's corporate debt.
How do you interpret corporate non — interest expense?
Lower interest expense is generally better as it reduces the cost of capital and improves profitability.
How does corporate non — interest expense compare across companies?
Standard 'Interest Expense' metric across all capital-intensive industries.