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Jackson Financial (MEX:JXN) Interest Expense : MXN-1,905 Mil (TTM As of Dec. 2024)


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What is Jackson Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jackson Financial's interest expense for the three months ended in Dec. 2024 was MXN -521 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-1,905 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. Jackson Financial's Operating Income for the three months ended in Dec. 2024 was MXN 8,447 Mil. Jackson Financial's Interest Expense for the three months ended in Dec. 2024 was MXN -521 Mil. Jackson Financial's Interest Coverage for the quarter that ended in Dec. 2024 was 16.20. 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.


Jackson Financial Interest Expense Historical Data

The historical data trend for Jackson Financial'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.

Jackson Financial Interest Expense Chart

Jackson Financial Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -1,750.50 -759.02 -1,910.61 -1,850.19 -2,106.43

Jackson Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -424.36 -414.91 -476.32 -492.26 -521.39

Jackson Financial 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,905 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.


Jackson Financial  (MEX:JXN) 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.

Jackson Financial's Interest Expense for the three months ended in Dec. 2024 was MXN-521 Mil. Its EBIT for the three months ended in Dec. 2024 was MXN8,447 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN91,285 Mil.

Jackson Financial's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* EBIT (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*8446.558/-521.392
=16.20

* 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.


Jackson Financial Business Description

Traded in Other Exchanges
Address
1 Corporate Way, Lansing, MI, USA, 48951
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings are comprised of annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. The company manages its business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments. The company generates the majority of its revenue from the Retail Annuities segment, which offers a variety of retirement income and savings products of variable annuities, registered index-linked annuities ("RILA"), fixed index annuities, fixed annuities, and payout annuities.