Metlifecare (ASX:MEQ) Interest Expense: A$-4.21 Mil (TTM As of Jun. 2020)


What is Metlifecare Interest Expense?

Metlifecare ASX:MEQ 4 Interest Expense is A$-4.21 Mil as of Jun. 2020. GuruFocus rates ASX:MEQ with a GF Score™ of 4/100. The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metlifecare's interest expense for the six months ended in Jun. 2020 was A$ -2.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was A$-4.21 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. Metlifecare's Operating Income for the six months ended in Jun. 2020 was A$ 14.44 Mil. Metlifecare's Interest Expense for the six months ended in Jun. 2020 was A$ -2.17 Mil. Metlifecare's Interest Coverage for the quarter that ended in Jun. 2020 was 6.64. 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.

Metlifecare  (ASX:MEQ) 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.

Metlifecare's Interest Expense for the six months ended in Jun. 2020 was A$-2.17 Mil. Its Operating Income for the six months ended in Jun. 2020 was A$14.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2020 was A$281.98 Mil.

Metlifecare's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2020 )/Interest Expense (Q: Jun. 2020 )
=-1*14.442/-2.174
=6.64

* 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.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Metlifecare Ltd interest coverage is 3.42, which is low.

Metlifecare Interest Expense Historical Data

* Premium members only.

The historical data trend for Metlifecare'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.

Metlifecare Interest Expense Chart

Metlifecare Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.22 -0.06 -1.78 -4.16

Metlifecare Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 -0.05 -1.25 -0.53 -2.04 -2.17

Metlifecare 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 Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-4.21 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of A$-4.21 Mil mean?
Metlifecare (ASX:MEQ) has a Interest Expense of A$-4.21 Mil as of Jun. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Metlifecare and its competitors.
Is Metlifecare's Interest Expense too high?
Metlifecare's current Interest Expense is A$-4.21 Mil. Overall, Metlifecare has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Metlifecare's Interest Expense compare to HCA and DVA?
Metlifecare's Interest Expense of A$-4.21 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Healthcare Providers & Services company?
A good Interest Expense depends on the Healthcare Providers & Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Metlifecare and its competitors. Metlifecare's current Interest Expense is A$-4.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metlifecare stock overvalued right now?
Metlifecare (ASX:MEQ) has a current Interest Expense of A$-4.21 Mil. The current Interest Expense is A$-4.21 Mil. Metlifecare's overall GF Score™ is 4/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Metlifecare (ASX:MEQ), the current Interest Expense is A$-4.21 Mil as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Metlifecare Business Description

Address 20 Kent Street, Level 4, Newmarket, Auckland, NTL, NZL, 1023
Metlifecare Ltd operates retirement communities throughout New Zealand. It generates revenue from membership fees and rest home, hospital and service, and village fees. Metlifecare's membership fees are paid by residents of independent living units and serviced apartments and allow residents to use common facilities. Its largest single customer is the New Zealand government, which pays fees on behalf of residents eligible for government subsidized elderly care. The majority of Metlifecare's retirement villages are located in Auckland.