Medibank Pvt (ASX:MPL) Interest Expense : A$-6 Mil (TTM As of Dec. 2024)

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What is Medibank Pvt Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medibank Pvt's interest expense for the six months ended in Dec. 2024 was A$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-6 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. Medibank Pvt's Operating Income for the six months ended in Dec. 2024 was A$ 494 Mil. Medibank Pvt's Interest Expense for the six months ended in Dec. 2024 was A$ -1 Mil. Medibank Pvt's Interest Coverage for the quarter that ended in Dec. 2024 was 411.83. 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.

Medibank Pvt Interest Expense Historical Data

The historical data trend for Medibank Pvt'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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Medibank Pvt Interest Expense Chart

Medibank Pvt Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-33.10

-20.50

-2.40

-1.80

-5.40

Medibank Pvt 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															-1.00	-0.80	-0.80	-4.60	-1.20

Medibank Pvt 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$-6 Mil.

Medibank Pvt (ASX:MPL) 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.

Medibank Pvt's Interest Expense for the six months ended in Dec. 2024 was A$-1 Mil. Its EBIT for the six months ended in Dec. 2024 was A$494 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$146 Mil.

Medibank Pvt'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	*	494.2	/	-1.2
	=	411.83

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Medibank Pvt Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Medibank Pvt Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Medibank Pvt Ltd (ASX:MPL) » Definitions » Interest Expense

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MDBPF:USA

Address

695 Collins Street, Level 2, Docklands, VIC, AUS, 3008

Website

https://www.medibank.com.au

Previously owned by the Australian government, Medibank is the largest health insurer in Australia. Its two brands, Medibank Private and Ahm, cover around 4 million people. Medibank and Australia's fourth-largest health fund, NIB Holdings, are the only listed health insurers. In addition to private health insurance, the firm provides life, pet, and travel insurance, as well as health insurance for overseas students and temporary overseas workers. The Medibank Health division provides healthcare services to businesses, governments, and communities across Australia and New Zealand.

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