Netcare (JSE:NTC) Interest Expense: R-1,216 Mil (TTM As of Mar. 2026)

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JSE:NTC Netcare Ltd JSE:NTC
84 GF Score
Price R18.76
GF Value R16.88
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Netcare Interest Expense?

Netcare JSE:NTC +0.32% 84 Interest Expense is R-1,216 Mil as of Mar. 2026. GuruFocus rates JSE:NTC with a GF Score™ of 84/100 and a GF Value™ of R16.88 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Netcare's interest expense for the six months ended in Mar. 2026 was R -608 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was R-1,216 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. Netcare's Operating Income for the six months ended in Mar. 2026 was R 1,884 Mil. Netcare's Interest Expense for the six months ended in Mar. 2026 was R -608 Mil. Netcare's Interest Coverage for the quarter that ended in Mar. 2026 was 3.10. 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.

Netcare  (JSE:NTC) 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.

Netcare's Interest Expense for the six months ended in Mar. 2026 was R-608 Mil. Its Operating Income for the six months ended in Mar. 2026 was R1,884 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was R11,588 Mil.

Netcare's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1884/-608
=3.10

* 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.

Netcare Interest Expense Historical Data

* Premium members only.

The historical data trend for Netcare'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.

Netcare Interest Expense Chart

Netcare Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -900.00 -883.00 -1,063.00 -1,269.00 -1,218.00

Netcare Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -613.00 -656.00 -610.00 -608.00 -608.00
JSE:NTC
84GF Score
Netcare Ltd JSE:NTC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Netcare 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. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-1,216 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of R-1,216 Mil mean?
Netcare (JSE:NTC) has a Interest Expense of R-1,216 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Netcare and its competitors.
Is Netcare's Interest Expense too high?
Netcare's current Interest Expense is R-1,216 Mil. Overall, Netcare has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Netcare's Interest Expense compare to HCA and THC?
Netcare's Interest Expense of R-1,216 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Healthcare Providers & Services company?
A good Interest Expense depends on the Healthcare Providers & Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Netcare and its competitors. Netcare's current Interest Expense is R-1,216 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcare stock overvalued right now?
Based on GuruFocus' analysis, Netcare (JSE:NTC) is currently considered Modestly Overvalued. The stock's GF Value™ is R16.88, compared to a current price of R18.76 — trading 11.1% above its estimated fair value. The current Interest Expense is R-1,216 Mil. Netcare's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Netcare (JSE:NTC), the current Interest Expense is R-1,216 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Netcare (JSE:NTC) Overvalued in 2026?

Based on GuruFocus' analysis, Netcare stock appears to be overvalued. The current stock price of R18.76 is trading 11.1% above its estimated GF Value™ of R16.88. GuruFocus considers Netcare to be Modestly Overvalued.

Key valuation signals for JSE:NTC:

  • Interest Expense: R-1,216 Mil
  • GF Value™: R16.88 vs. price of R18.76 (11.1% above fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the JSE:NTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Netcare Business Description

Other Exchanges NTCP.PFD:South Africa
Address 76 Maude Street, Corner West Street, Sandton 2196, Private Bag X34, Benmore, GT, ZAF, 2010
Netcare Ltd operates a network of hospitals in South Africa. Its network also includes emergency, cancer care, diagnostic support, primary care, and renal care services as well as occupational health and wellness services. The firm operates in two segments: Hospital and emergency services and Primary Care. The Hospital and emergency services segment contributes to majority of the firm's revenue. Netcare's services include Netcare appointmed TM, Netcare Cancer Care, Netcare Family Connect Line, Netcare Occupational Health and Netcare Pharmacy.
84GF Score

Get the complete analysis for JSE:NTC

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R18.76
Price
R16.88
GF Value