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Swiss Life Holding AG (XSWX:SLHNE) Interest Expense : CHF-416 Mil (TTM As of Dec. 2023)


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What is Swiss Life Holding AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Swiss Life Holding AG's interest expense for the six months ended in Dec. 2023 was CHF -204 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was CHF-416 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. Swiss Life Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF 799 Mil. Swiss Life Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF -204 Mil. Swiss Life Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 was 3.92. 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.

Swiss Life Holding AG Interest Expense Historical Data

The historical data trend for Swiss Life 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.

* Premium members only.

Swiss Life Holding AG Interest Expense Chart

Swiss Life Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -288.00 -248.00 -293.00 -207.00 -416.00

Swiss Life 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 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 -134.00 -91.00 -116.00 -212.00 -204.00

Swiss Life 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-416 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.

Swiss Life Holding AG  (XSWX:SLHNE) 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.

Swiss Life Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF-204 Mil. Its EBIT for the six months ended in Dec. 2023 was CHF799 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was CHF9,493 Mil.

Swiss Life 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*799/-204
=3.92

* 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.

Swiss Life Holding AG (XSWX:SLHNE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Life Holding AG (XSWX:SLHNE) » Definitions » Interest Expense
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XSWX:HELN XSWX:BALN XSWX:VAHN XSWX:ZURN BRK.A XPAR:CS AIG MIL:G ACGL TSX:SLF OHEL:SAMPO XTER:TLX LSE:AV. BSP:BBSE3 XAMS:NN OCSE:TRYG EQH XAMS:AGN XAMS:ASRNL BOM:540716
Traded in Other Exchanges
SZLMY:USA SWSDF:USA SLHNz:UK 0QMG:UK SLW1:Germany SLHN:Switzerland
Address
General-Guisan-Quai 40, P.O. Box 2831, Zurich, CHE, CH-8022
Website
https://www.swisslife.com
Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller, but wealthy European markets. The company also has an asset manager. Swiss Life has three main sources of income that vary in importance by geography. Savings income relates to spread-based earnings, the risk result relates to an insurance margin, and the fee result relates to asset management and its financial advisor network. The fee result has been growing in importance over recent years as a result of advice, unit-linked sales, and third-party asset management.

Swiss Life Holding AG (XSWX:SLHNE) Headlines

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