HUM (Humana) Interest Expense : $-642 Mil (TTM As of Sep. 2024)

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What is Humana Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Humana's interest expense for the three months ended in Sep. 2024 was $ -169 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-642 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. Humana's Operating Income for the three months ended in Sep. 2024 was $ 820 Mil. Humana's Interest Expense for the three months ended in Sep. 2024 was $ -169 Mil. Humana's Interest Coverage for the quarter that ended in Sep. 2024 was 4.85. 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.

Humana Interest Expense Historical Data

The historical data trend for Humana'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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Humana Interest Expense Chart

Humana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-242.00

-283.00

-326.00

-401.00

-493.00

Humana Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-114.00	-146.00	-159.00	-168.00	-169.00

Humana 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-642 Mil.

Humana (NYSE:HUM) 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.

Humana's Interest Expense for the three months ended in Sep. 2024 was $-169 Mil. Its EBIT for the three months ended in Sep. 2024 was $820 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $11,886 Mil.

Humana's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	820	/	-169
	=	4.85

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

Humana Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Humana Inc (NYSE:HUM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HUM:Mexico 0J6Z:UK HUM:Germany HUM:Germany H1UM34:Brazil

Address

500 West Main Street, Louisville, KY, USA, 40202

Website

https://www.humana.com

Humana is one of the largest private health insurers in the us with a focus on administering Medicare Advantage plans. The firm has built a niche specializing in government-sponsored programs, with nearly all its medical membership stemming from individual and group Medicare Advantage, Medicaid, and the military's Tricare program. The firm is also a leader in stand-alone prescription drug plans for seniors enrolled in traditional fee-for-service Medicare. Beyond medical insurance, the company provides other healthcare services, including primary-care services, at-home services, and pharmacy benefit management.

Executives

Jorge S. Mesquita	director	C/O KRAFT FOODS INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Susan M Diamond	officer: Segment President, Home Bus.	500 W MAIN ST., LOUISVILLE KY 40202
Sanjay K Shetty	officer: President, CenterWell	500 W. MAIN STREET, LOUISVILLE KY 40202
George Ii Renaudin	officer: President, Medicare & Medicaid	500 W. MAIN SREET, LOUISVILLE KY 40202
Jones David A Jr/ky	director	C/O HUMANA INC, 500 WEST MAIN STREET, LOUISVILLE KY 40202
Timothy S. Huval	officer: Sr. Vice Pres & Chief HR Offic	500 W. MAIN STREET, LOUISVILLE KY 40202
Bruce D Broussard	officer: President	500 W. MAIN STREET, C/O HUMANA LAW DEPT., LOUISVILLE KY 40202
Joseph C Ventura	officer: Chief Legal Officer & Corp Sec	500 W MAIN STREET, LOUISVILLE KY 40202
William Kevin Fleming	officer: President, Hlthcare Svc Sgmt	500 WEST MAIN STREET, LOUISVILLE KY 40202
Timothy Alan Wheatley	officer: President, Retail Segment	500 WEST MAIN STREET, LOUISVILLE KY 40202
Samir Deshpande	officer: Chief Risk Officer	500 W MAIN STREET, LOUISVILLE KY 40202
Brad D Smith	director	1040 13TH AVE, HUNTINGTON WV 25701
John-paul W. Felter	officer: SVP, Chief Accting Off & Cont.	500 W MAIN ST, LOUISVILLE KY 40202
Michael A. Koeberlein	officer: SVP, Chief Accting Off & Cont.	500 W MAIN ST., LOUISVILLE KY 40202
David T Feinberg	director	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401