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Life Healthcare Group Holdings (JSE:LHC) Interest Expense : R-422 Mil (TTM As of Sep. 2024)


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What is Life Healthcare Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Life Healthcare Group Holdings's interest expense for the six months ended in Sep. 2024 was R -175 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was R-422 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. Life Healthcare Group Holdings's Operating Income for the six months ended in Sep. 2024 was R 1,583 Mil. Life Healthcare Group Holdings's Interest Expense for the six months ended in Sep. 2024 was R -175 Mil. Life Healthcare Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 9.05. 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.

Life Healthcare Group Holdings Interest Expense Historical Data

The historical data trend for Life Healthcare Group 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.

* Premium members only.

Life Healthcare Group Holdings Interest Expense Chart

Life Healthcare Group Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -720.00 -634.00 -357.00 -578.00 -422.00

Life Healthcare Group Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -33.00 -294.00 -284.00 -247.00 -175.00

Life Healthcare Group 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-422 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.

Life Healthcare Group Holdings  (JSE:LHC) 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.

Life Healthcare Group Holdings's Interest Expense for the six months ended in Sep. 2024 was R-175 Mil. Its Operating Income for the six months ended in Sep. 2024 was R1,583 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was R3,394 Mil.

Life Healthcare Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1583/-175
=9.05

* 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.

Life Healthcare Group Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Life Healthcare Group Holdings Ltd (JSE:LHC) » Definitions » Interest Expense
Comparable Companies
JSE:NTC JSE:ACT JSE:RHB HCA SAU:4013 XTER:FRE SZSE:300015 XTER:FME XKLS:5225 BSP:RDOR3 BOM:543220 NSE:APOLLOHOSP THC EHC UHS DVA BKK:BDMS ADX:PUREHEALTH CHE ENSG
Traded in Other Exchanges
LTGHY:USA L53:Germany
Address
203 Oxford Road, Building 2, Oxford Parks, Corner Eastwood and Oxford Roads, Dunkeld, Johannesburg, GT, ZAF, 2196
Website
https://www.lifehealthcare.co.za
Life Healthcare Group Holdings Ltd is an international and diversified healthcare organization based in South Africa. The firm's segments include Hospitals that derive maximum revenue, Complementary services, Healthcare services, and Radiopharmaceutical products. The hospital services segment comprises all the acute hospitals and the complementary services segment includes mental health, acute rehabilitation, renal dialysis, oncology, and imaging services. The healthcare services segment comprises Life Nkanyisa and Life Health Solutions; and the radiopharmaceuticals represent the products developed by LMI across Europe, the UK, and the USA. Geographically, the company derives a majority of its revenue from its business in South Africa and the rest from International markets.

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