GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Equitable Holdings Inc (NYSE:EQH) » Definitions » Interest Coverage

EQH (Equitable Holdings) Interest Coverage : 4.16 (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is Equitable Holdings Interest Coverage?

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 EBIT by its Interest Expense. Equitable Holdings's EBIT for the three months ended in Mar. 2025 was $229 Mil. Equitable Holdings's Interest Expense for the three months ended in Mar. 2025 was $-55 Mil. Equitable Holdings's interest coverage for the quarter that ended in Mar. 2025 was 4.16. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Equitable Holdings's Interest Coverage or its related term are showing as below:

EQH' s Interest Coverage Range Over the Past 10 Years
Min: 4.24   Med: 11.02   Max: 15.89
Current: 10.1


EQH's Interest Coverage is ranked worse than
66.15% of 452 companies
in the Asset Management industry
Industry Median: 43.915 vs EQH: 10.10

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Equitable Holdings Interest Coverage Historical Data

The historical data trend for Equitable Holdings's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Equitable Holdings Interest Coverage Chart

Equitable Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.69 15.89 4.24 10.34

Equitable Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage 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 4.84 11.98 0.75 24.02 4.16

Competitive Comparison of Equitable Holdings's Interest Coverage

For the Asset Management subindustry, Equitable Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equitable Holdings's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Equitable Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Equitable Holdings's Interest Coverage falls into.


;
;

Equitable Holdings Interest Coverage Calculation

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:

If Interest Expense is negative and EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Equitable Holdings's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Equitable Holdings's Interest Expense was $-226 Mil. Its EBIT was $2,337 Mil. And its Long-Term Debt & Capital Lease Obligation was $5,949 Mil.

Interest Coverage=-1* EBIT (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2337/-226
=10.34

Equitable Holdings's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Equitable Holdings's Interest Expense was $-55 Mil. Its EBIT was $229 Mil. And its Long-Term Debt & Capital Lease Obligation was $6,440 Mil.

Interest Coverage=-1* EBIT (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*229/-55
=4.16

* 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.


Equitable Holdings  (NYSE:EQH) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Equitable Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of Equitable Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Equitable Holdings Business Description

Traded in Other Exchanges
Address
1345 Avenue of the Americas, New York, NY, USA, 10105
Equitable Holdings Inc is a financial services company in the U.S. The company provides variable annuities, tax-deferred investment and retirement plans, employee benefits, and protection solutions for individuals, families, and small businesses. Its business segments include Individual Retirement, Group Retirement, Asset Management, Protection Solutions, Wealth Management, and Legacy. It generates the majority of its revenue from the Asset Management segment which provides diversified investment management and related solutions globally to a broad range of clients through three main client channels - Institutional, Retail, and Private Wealth.
Executives
Craig C Mackay director 75 WEST 125TH STREET, NEW YORK NY 10027
Jeffrey J Hurd officer: Senior EVP & COO C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Mark Pearson director, officer: President and CEO C/O ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Nick Lane officer: (See Remarks) C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Daniel G Kaye director 1742 APPLEBY ROAD, INVERNESS IL 60067
Jose Ramon Gonzalez officer: SEVP & Chief Legal Officer 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Seth P Bernstein officer: (See Remarks) C/O ALLIANCEBERNSTEIN HOLDING, L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Arlene Isaacs-lowe director C/O XENIA HOTELS & RESORTS, INC., 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Eckert William James Iv officer: SVP, CAO and Controller C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Bertram L Scott director C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Stonehill Charles G.t. director C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Kristi Ann Matus director C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Robin M Raju officer: Senior EVP & CFO C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Anders Malmstrom officer: Senior EVP & CFO C/O ALLIANCEBERNSTEIN HOLDING LP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Dave S. Hattem officer: Senior EVP & GC C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104