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Jubilee Life Insurance Co (KAR:JLICL) Interest Expense : ₨-185 Mil (TTM As of Sep. 2024)


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What is Jubilee Life Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jubilee Life Insurance Co's interest expense for the three months ended in Sep. 2024 was ₨ -47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₨-185 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. Jubilee Life Insurance Co's Operating Income for the three months ended in Sep. 2024 was ₨ 850 Mil. Jubilee Life Insurance Co's Interest Expense for the three months ended in Sep. 2024 was ₨ -47 Mil. Jubilee Life Insurance Co's Interest Coverage for the quarter that ended in Sep. 2024 was 17.95. 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.

Jubilee Life Insurance Co Interest Expense Historical Data

The historical data trend for Jubilee Life Insurance Co'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.

Jubilee Life Insurance Co Interest Expense Chart

Jubilee Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -152.78 -210.35 -174.28 -183.20 -229.97

Jubilee Life Insurance Co 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 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 -53.00 -44.87 -52.74 -40.41 -47.37

Jubilee Life Insurance Co 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 ₨-185 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.

Jubilee Life Insurance Co  (KAR:JLICL) 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.

Jubilee Life Insurance Co's Interest Expense for the three months ended in Sep. 2024 was ₨-47 Mil. Its EBIT for the three months ended in Sep. 2024 was ₨850 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₨886 Mil.

Jubilee Life Insurance Co'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*850.136/-47.372
=17.95

* 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.

Jubilee Life Insurance Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Jubilee Life Insurance Co Ltd (KAR:JLICL) » Definitions » Interest Expense
Comparable Companies
KAR:ALIFE SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 AFL MET TSX:MFC PRU SHSE:601601 TPE:2881 TPE:2882 TSX:GWO TSE:8750 LSE:PRU TSX:POW SHSE:601336 BOM:540719 BOM:540777 UNM
Traded in Other Exchanges
N/A
Address
M.T. Khan Road, 74/1- A, Lalazar, Jubilee Life Insurance Building, Karachi, SD, PAK, 74000
Website
https://www.jubileelife.com
Jubilee Life Insurance Co Ltd is a company that provides life insurance services. It offers non-participating policies and operates through seven segments, including Individual Life Unit Linked, Conventional Business, Accident & Health Business, Overseas Group Life & Health Business, Individual Family Takafu, Group Family Takaful, and Accident & Health Family Takaful. The company generates most of its revenue from the Individual Life Unit Linked segment. These policies are mainly regular premium unit-linked policies that are determined based on the underlying assets' value.

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