UnitedHealth Group (UnitedHealth Group) Interest Expense

: $-3,336 Mil (TTM As of Mar. 2024)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. UnitedHealth Group's interest expense for the three months ended in Mar. 2024 was $ -844 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-3,336 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. UnitedHealth Group's Operating Income for the three months ended in Mar. 2024 was $ 7,931 Mil. UnitedHealth Group's Interest Expense for the three months ended in Mar. 2024 was $ -844 Mil. UnitedHealth Group's Interest Coverage for the quarter that ended in Mar. 2024 was 9.40. 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.

UnitedHealth Group Interest Expense Historical Data

The historical data trend for UnitedHealth Group'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -1,704.00 [6] => -1,663.00 [7] => -1,660.00 [8] => -2,092.00 [9] => -3,246.00 )

UnitedHealth Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1,704.00

-1,663.00

-1,660.00

-2,092.00

-3,246.00

UnitedHealth Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense																-754.00	-828.00	-834.00	-830.00	-844.00

UnitedHealth Group 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 $-3,336 Mil.

UnitedHealth Group (NYSE:UNH) 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.

UnitedHealth Group's Interest Expense for the three months ended in Mar. 2024 was $-844 Mil. Its Operating Income for the three months ended in Mar. 2024 was $7,931 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $63,850 Mil.

UnitedHealth Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	7931	/	-844
	=	9.40

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

UnitedHealth Group (UnitedHealth Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » UnitedHealth Group Inc (NYSE:UNH) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

UNH:Peru UNH:Mexico 1UNH:Italy 0R0O:UK UNH:Germany UNH:Germany UNH:Germany UNH:Germany UNH:Canada UNHH34:Brazil UNH:Austria

Address

9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, USA, 55343

Website

https://www.unitedhealthgroup.com

UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

Executives

Stephen J Hemsley	director, officer: Pres & COO, UnitedHealth Grp	200 WASHINGTON AVE N, SUITE 200, MINNEAPOLIS MN 55401
Andrew Witty	director, officer: CEO, UHG	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Charles D. Baker	director	311 ARSENAL STREET, WATERTOWN MA 02472
Erin Mcsweeney	officer: EVP Chief People Officer	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Kristen Gil	director	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Thomas E Roos	officer: Chief Accounting Officer	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Dirk C Mcmahon	officer: President & CEO, UHC	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
John F Rex	officer: EVP Chief Financial Officer	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Mcnabb Frederick William Iii	director	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Richard T Burke	director	3962 TOMAHAWK TRAIL, MEDINA MN 55340
Rupert M Bondy	officer: EVP & Chief Legal Officer	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Paul R Garcia	director	214 N TRYON STREET, CHARLOTTE NC 28202
Brian R Thompson	officer: CEO, UnitedHealthcare	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Timothy Patrick Flynn	director	JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Matthew W. Friedrich	officer: EVP & Chief Legal Officer	COGNIZANT TECHNOLOGY SOLUTIONS CORP., 500 FRANK W. BURR BLVD, TEANECK NJ 07666