Equitable Holdings (Equitable Holdings) Interest Expense : $-224.00 Mil (TTM As of Mar. 2024)

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What is Equitable Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Equitable Holdings's interest expense for the three months ended in Mar. 2024 was $ -57.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-224.00 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. Equitable Holdings's Operating Income for the three months ended in Mar. 2024 was $ 304.00 Mil. Equitable Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -57.00 Mil. Equitable Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 5.33. 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.

Equitable Holdings Interest Expense Historical Data

The historical data trend for Equitable Holdings'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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Equitable Holdings Interest Expense Chart

Equitable Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-221.00

-200.00

-244.00

-201.00

-228.00

Equitable Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-61.00	-55.00	-55.00	-57.00	-57.00

Equitable Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-224.00 Mil.

Equitable Holdings (NYSE:EQHpC.PFD) 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.

Equitable Holdings's Interest Expense for the three months ended in Mar. 2024 was $-57.00 Mil. Its EBIT for the three months ended in Mar. 2024 was $304.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $5,401.00 Mil.

Equitable Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	304	/	-57
	=	5.33

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

Equitable Holdings (Equitable Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Equitable Holdings Inc (NYSE:EQHpC.PFD) » Definitions » Interest Expense

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Traded in Other Exchanges

EQHpA.PFD:USA EQH:USA AXJ:Germany

Address

1290 Avenue of the Americas, New York, NY, USA, 10104

Website

https://www.equitable.com

Equitable Holdings Inc is a financial services company in the us. 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, Investment Management, Research, and Protection Solutions. The Individual Retirement segment offers annuity products, the Group Retirement segment provides tax-deferred investment and retirement services, Investment Management and Research segment consist of diversified investment management, research, and related services, and the Protection Solutions segment focuses on life insurance products.