Helvetia Holding AG (XSWX:HELN) Interest Expense : CHF-15 Mil (TTM As of Dec. 2023)

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What is Helvetia Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Helvetia Holding AG's interest expense for the six months ended in Dec. 2023 was CHF -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-15 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. Helvetia Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF 38 Mil. Helvetia Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF -5 Mil. Helvetia Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 was 7.15. 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.

Helvetia Holding AG Interest Expense Historical Data

The historical data trend for Helvetia Holding AG'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.

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Helvetia Holding AG Interest Expense Chart

Helvetia Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-10.70

-14.30

-13.80

-12.80

-15.30

Helvetia Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-8.00	-8.00	-4.80	-10.00	-5.30

Helvetia Holding AG 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 semi-annually data reported by the company within the most recent 12 months, which was CHF-15 Mil.

Helvetia Holding AG (XSWX:HELN) 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.

Helvetia Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF-5 Mil. Its EBIT for the six months ended in Dec. 2023 was CHF38 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF1,987 Mil.

Helvetia Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	37.9	/	-5.3
	=	7.15

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

Helvetia Holding AG (XSWX:HELN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Helvetia Holding AG (XSWX:HELN) » Definitions » Interest Expense

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HLVTY:USA HELNz:UK

Address

Dufourstrasse 40, Saint Gallen, CHE, CH-9001

Website

https://www.helvetia.com

Helvetia Holding AG is a diversified insurance company. The company operates multiple segments including life, nonlife, and other activities. The company's life segment offers life insurance, pension plans, and annuities and generates most of the company's revenue. Helvetia derives the vast majority of its revenue within Switzerland, followed by Germany and Italy. Helvetia's business focuses on retail customers, as well as corporations of all sizes. It considers merger and acquisition investment as a component of its operational growth strategy.

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