>
Switch to:

Aflac Interest Expense

: $-242 Mil (TTM As of Sep. 2021)
View and export this data going back to 1974. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aflac's interest expense for the three months ended in Sep. 2021 was $ -57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 was $-242 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. Aflac's Operating Income for the three months ended in Sep. 2021 was $ 1,170 Mil. Aflac's Interest Expense for the three months ended in Sep. 2021 was $ -57 Mil. Aflac's Interest Coverage for the quarter that ended in Sep. 2021 was 20.53. 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.


Aflac Interest Expense Historical Data

The historical data trend for Aflac'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.

Aflac Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -268.00 -240.00 -222.00 -228.00 -242.00

Aflac Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Interest Expense 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 Premium Member Only Premium Member Only Premium Member Only -63.00 -61.00 -62.00 -62.00 -57.00

Aflac 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-242 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.


Aflac  (NYSE:AFL) 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.

Aflac's Interest Expense for the three months ended in Sep. 2021 was $-57 Mil. Its EBIT for the three months ended in Sep. 2021 was $1,170 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2021 was $8,066 Mil.

Aflac's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Interest Coverage=-1* EBIT (Q: Sep. 2021 )/Interest Expense (Q: Sep. 2021 )
=-1*1170/-57
=20.53

* 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.


Aflac Business Description

Aflac logo
Industry
Financial Services » Insurance NAICS : 524114 SIC : 6321
Traded in Other Exchanges
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accidents, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.
Executives
Williams Richard Jr officer: Executive V.P. 1932 WYNNTON RD COLUMBUS GA 31999
Lake Charles D Ii officer: Chairman & Rep. Director, ALIJ AFLAC INC 1932 WYNNTON RD COLUMBUS GA 31999
Lloyd Karole director 1932 WYNNTON ROAD COLUMBUS GA 31999
Crawford Frederick John officer: President & COO AFLAC INCORPORATED COLUMBUS 2Q 31999
Tillman Audrey B officer: Executive Vice President 1932 WYNNTON RD COLUMBUS GA 31999
Beaver Steven Kent officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD COLUMBUS 2Q 31999
Broden Max officer: EVP, Chief Financial Officer 1932 WYNNTON RD COLUMBUS GA 31999
Howard June P officer: Sr. Vice President 1932 WYNNTON RD COLUMBUS GA 31999
Kenny Thomas J director FRANKLIN RESOURCES INC 901 MARINERS ISLAND BLVD 6TH FLOOR SAN MATEO CA 94404
Stith Melvin T director 1111 BAY AVENUE, SUITE 501 COLUMBUS GA 31901
Bowers William P director 600 NORTH 18TH STREET BIN 15N-8170 BIRMINGHAM AL 35203
Moskowitz Joseph L director 1932 WYNNTON ROAD COLUMBUS GA 31999
Fukuzawa Toshihiko director 1932 WYNNTON RD COLUMBUS GA 31999
Rohrer Katherine director 1932 WYNNTON RD COLUMBUS GA 31999
Kiser Georgette D. director 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505

Aflac Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)