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Manulife Holdings Bhd (XKLS:1058) Interest Expense : RM-0.1 Mil (TTM As of Mar. 2024)


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What is Manulife Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Manulife Holdings Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-0.1 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. Manulife Holdings Bhd's Operating Income for the three months ended in Mar. 2024 was RM 42.0 Mil. Manulife Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.0 Mil. Manulife Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 1,614.81. 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.


Manulife Holdings Bhd Interest Expense Historical Data

The historical data trend for Manulife Holdings Bhd'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.

Manulife Holdings Bhd Interest Expense Chart

Manulife Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.26 -2.26 -1.77 -0.09 -0.11

Manulife Holdings Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.03 -0.03 -0.03 -0.03

Manulife Holdings Bhd 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.1 Mil.

* 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.


Manulife Holdings Bhd  (XKLS:1058) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Manulife Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.0 Mil. Its EBIT for the three months ended in Mar. 2024 was RM42.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM2.6 Mil.

Manulife Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* EBIT (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*41.985/-0.026
=1,614.81

* 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.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Manulife Holdings Bhd has enough cash to cover all of its debt. Its financial situation is stable.


Manulife Holdings Bhd (XKLS:1058) Business Description

Traded in Other Exchanges
N/A
Address
6 Jalan Gelenggang, Damansara Heights, 16th Floor, Menara Manulife, Kuala Lumpur, SGR, MYS, 50490
Manulife Holdings Bhd is an investment holding company that is engaged in the business of life insurance business, management of unit trust funds, private retirement scheme funds, investment, and fund management. The company operates through Investment Holding, Life Insurance and Asset Management Services segments. The investment holding segment includes Investment holding operations and other segments; Life insurance segment includes underwriting of Participating life and Non-participating life insurance and unit-linked products; and Asset management services include asset management, unit trust, private retirement scheme funds. The group's principal revenue source is from the Life insurance business segment.

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