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Helia Group (ASX:HLI) Other Expense : A$137.7 Mil (As of Dec. 2023)


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What is Helia Group Other Expense?

Helia Group's Other Expense for the six months ended in Dec. 2023 was A$119.2 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$137.7 Mil.


Helia Group Other Expense Historical Data

The historical data trend for Helia Group's Other 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.

Helia Group Other Expense Chart

Helia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.60 261.76 122.20 189.76 9.34

Helia Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Other 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 28.26 46.61 108.43 18.42 119.24

Helia Group Other Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For insurance companies, GuruFocus lists Selling, General, & Admin. Expense, Net Policyholder Benefits/Claims, Policy Acquisition Expense, Interest Expense (Positive) and Other Expense under the "Total Expenses" sections.

Other Expense incurred by insurance companies sometimes includes:
Underwriting Expenses
Fees and Commission Expense
Impairment Of Capital Assets
WriteOff
Other (too numerous to list)
Some insurance companies can do choose to report each of these items separately. Yet, there are a variety of other expense which are simply too numerous to list.

Other 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 A$137.7 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.


Helia Group Other Expense Related Terms

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Helia Group (ASX:HLI) Business Description

Traded in Other Exchanges
Address
101 Miller Street, Level 26, North Sydney, Sydney, NSW, AUS, 2060
Helia listed on the Australian Securities Exchange in 2014 after its U.S.-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is a provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It's regulated by the Australian Prudential Regulation Authority, or APRA, which requires it to meet minimum regulatory capital requirements.