ClearView Wealth (ASX:CVW) Interest Expense : A$-28.7 Mil (TTM As of Dec. 2024)

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What is ClearView Wealth Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ClearView Wealth's interest expense for the six months ended in Dec. 2024 was A$ -5.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-28.7 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. ClearView Wealth's Operating Income for the six months ended in Dec. 2024 was A$ 31.8 Mil. ClearView Wealth's Interest Expense for the six months ended in Dec. 2024 was A$ -5.2 Mil. ClearView Wealth's Interest Coverage for the quarter that ended in Dec. 2024 was 6.10. 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.

ClearView Wealth Interest Expense Historical Data

The historical data trend for ClearView Wealth'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.

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ClearView Wealth Interest Expense Chart

ClearView Wealth Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-1.06

-5.76

-8.72

-17.31

-28.50

ClearView Wealth Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-7.98	-9.33	-5.01	-23.49	-5.21

ClearView Wealth 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-28.7 Mil.

ClearView Wealth (ASX:CVW) 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.

ClearView Wealth's Interest Expense for the six months ended in Dec. 2024 was A$-5.2 Mil. Its EBIT for the six months ended in Dec. 2024 was A$31.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$105.7 Mil.

ClearView Wealth's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	31.794	/	-5.211
	=	6.10

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

ClearView Wealth Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ClearView Wealth Ltd (ASX:CVW) » Definitions » Interest Expense

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Traded in Other Exchanges

CVWLF:USA

Address

20 Bond Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.clearview.com.au

ClearView Wealth Ltd is a diversified financial services company that partners with financial advisers and strategic partners to help Australians protect and grow their wealth and achieve their financial goals. The company's operating segments include Life Insurance and Wealth Management. It generates maximum revenue from the Life Insurance segment, which manufactures ClearView life insurance products under a retail life insurance Australian Financial Services (AFS) license.

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