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First Mutual Holdings (XZIM:FMHL.ZW) Interest Expense : ZWL-174 Mil (TTM As of Jun. 2023)


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What is First Mutual Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Mutual Holdings's interest expense for the three months ended in Jun. 2023 was ZWL 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ZWL-174 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. First Mutual Holdings's Operating Income for the three months ended in Jun. 2023 was ZWL 0 Mil. First Mutual Holdings's Interest Expense for the three months ended in Jun. 2023 was ZWL 0 Mil. GuruFocus does not calculate First Mutual Holdings's interest coverage with the available data. 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.


First Mutual Holdings Interest Expense Historical Data

The historical data trend for First Mutual 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.

First Mutual Holdings Interest Expense Chart

First Mutual Holdings Annual Data
Trend Dec18 Dec19 Dec20
Interest Expense
-0.44 -3.02 -1.34

First Mutual Holdings Quarterly Data
Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Jun23
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 -350.09 5.87 -12.98 -166.92 -

First Mutual 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ZWL-174 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.


First Mutual Holdings  (XZIM:FMHL.ZW) 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.

First Mutual Holdings's Interest Expense for the three months ended in Jun. 2023 was ZWL0 Mil. Its EBIT for the three months ended in Jun. 2023 was ZWL0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was ZWL21,940 Mil.

First Mutual Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

GuruFocus does not calculate First Mutual Holdings's interest coverage with the available data.

* 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. First Mutual Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.


First Mutual Holdings (XZIM:FMHL.ZW) Business Description

Traded in Other Exchanges
N/A
Address
First Mutual Park, 100 Borrowdale Road, Borrowdale, P.O. Box BW 178, Second Floor, Harare, ZWE
First Mutual Holdings Ltd is a Zimbabwe-based investment and financial service company. Its segments are life and pensions insurance, health insurance, short-term insurance, reinsurance, property and casualty insurance, property management and development, and wealth management.

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