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Nobleoak Life (ASX:NOL) Interest Expense : A$-8.0 Mil (TTM As of Dec. 2024)


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What is Nobleoak Life Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nobleoak Life's interest expense for the six months ended in Dec. 2024 was A$ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was A$-8.0 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. Nobleoak Life's Operating Income for the six months ended in Dec. 2024 was A$ 0.0 Mil. Nobleoak Life's Interest Expense for the six months ended in Dec. 2024 was A$ -0.1 Mil. Nobleoak Life did not have earnings to cover the interest expense. 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.


Nobleoak Life Interest Expense Historical Data

The historical data trend for Nobleoak Life'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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Nobleoak Life Interest Expense Chart

Nobleoak Life Annual Data
Trend Jun22 Jun23 Jun24
Interest Expense
-0.30 -2.64 -4.78

Nobleoak Life Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial -0.05 -1.54 -4.25 -7.92 -0.10

Nobleoak Life 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$-8.0 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.


Nobleoak Life  (ASX:NOL) 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.

Nobleoak Life's Interest Expense for the six months ended in Dec. 2024 was A$-0.1 Mil. Its EBIT for the six months ended in Dec. 2024 was A$0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was A$4.9 Mil.

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

* 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.


Nobleoak Life Business Description

Traded in Other Exchanges
N/A
Address
44 Market Street, Level 4, Sydney, NSW, AUS, 2000
Nobleoak Life Ltd is involved in the manufacture and distribution of Life Insurance products (including death, total and permanent disability, trauma, income protection and business expenses insurance) through both its Direct and Strategic Partner (Advised) channels. The company's segment includes Direct business; Strategic Partnerships and Genus. It generates maximum revenue from the Direct segment.

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