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MetLife (MEX:MET) Interest Expense : MXN-18,716 Mil (TTM As of Sep. 2024)


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What is MetLife Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MetLife's interest expense for the three months ended in Sep. 2024 was MXN -5,060 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was MXN-18,716 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. MetLife's Operating Income for the three months ended in Sep. 2024 was MXN 44,323 Mil. MetLife's Interest Expense for the three months ended in Sep. 2024 was MXN -5,060 Mil. MetLife's Interest Coverage for the quarter that ended in Sep. 2024 was 8.76. 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.

MetLife Interest Expense Historical Data

The historical data trend for MetLife'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.

MetLife Interest Expense Chart

MetLife 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 -18,011.30 -18,161.40 -18,872.88 -18,287.25 -17,738.09

MetLife 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 -4,616.01 -4,566.07 -4,381.41 -4,708.27 -5,060.41

MetLife 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 MXN-18,716 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.

MetLife  (MEX:MET) 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.

MetLife's Interest Expense for the three months ended in Sep. 2024 was MXN-5,060 Mil. Its EBIT for the three months ended in Sep. 2024 was MXN44,323 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was MXN363,109 Mil.

MetLife'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*44322.865/-5060.407
=8.76

* 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.

MetLife Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MetLife Inc (MEX:MET) » Definitions » Interest Expense
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AFL PRU UNM PRI GL JXN FG LNC CNO GNW SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 TSX:MFC SHSE:601601 TPE:2881 TSX:GWO TPE:2882 TSE:8750
Traded in Other Exchanges
METpF.PFD:USA METpE.PFD:USA METpA.PFD:USA MET:USA 0K0X:UK MWZ:Germany MWZ:Germany METL:Austria
Address
200 Park Avenue, New York, NY, USA, 10166-0188
Website
https://www.metlife.com
MetLife is one of the largest life insurers in the us by assets and provides a variety of insurance and financial-services products. It is organized into five segments: us, Asia, Latin America, Europe/Middle East/Africa, and MetLife Holdings. The us business contributes around 50% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 22% of earnings and is mainly composed of the Japan business, with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile, with the Latin America segment contributing around 13% of earnings. The EMEA and MetLife Holdings segments contribute around 4% and 11% of earnings, respectively.