MSADY (MS&AD Insurance Group Holdings) Interest Expense : $-74 Mil (TTM As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is MS&AD Insurance Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MS&AD Insurance Group Holdings's interest expense for the three months ended in Sep. 2024 was $ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-74 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. MS&AD Insurance Group Holdings's Operating Income for the three months ended in Sep. 2024 was $ 2,218 Mil. MS&AD Insurance Group Holdings's Interest Expense for the three months ended in Sep. 2024 was $ -20 Mil. MS&AD Insurance Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 108.53. 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.

MS&AD Insurance Group Holdings Interest Expense Historical Data

The historical data trend for MS&AD Insurance 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.

MS&AD Insurance Group Holdings Interest Expense Chart

MS&AD Insurance Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-124.11

-134.31

-130.57

-77.68

-69.77

MS&AD Insurance Group Holdings 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															-19.26	-18.82	-16.39	-18.05	-20.44

MS&AD Insurance 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 quarterly data reported by the company within the most recent 12 months, which was $-74 Mil.

MS&AD Insurance Group Holdings (OTCPK:MSADY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MS&AD Insurance Group Holdings's Interest Expense for the three months ended in Sep. 2024 was $-20 Mil. Its EBIT for the three months ended in Sep. 2024 was $2,218 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $4,132 Mil.

MS&AD Insurance Group Holdings'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	*	2218.42	/	-20.44
	=	108.53

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. MS&AD Insurance Group Holdings Inc has enough cash to cover all of its debt. Its financial situation is stable.

MS&AD Insurance Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MS&AD Insurance Group Holdings Inc (OTCPK:MSADY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MSADF:USA 8725:Japan 8725:Japan 59M:Germany

Address

Yaesu First Financial Building, Yaesu 1-3-7, Chuo-ku, Tokyo, JPN, 103-0028

Website

http://www.ms-ad-hd.com

MS&AD is Japan's second-biggest nonlife insurer, trailing industry leader Tokio Marine in the scale of global operations although not in Japan. Like Tokio Marine and Sompo, MS&AD has grown into a second-tier presence in the domestic life insurance market since life and non-life insurance were mutually deregulated in 1996. Overseas, it is less focused on the US market than its two Japanese rivals and more focused on emerging Asia, but its acquisition of Lloyd's syndicate Amlin in 2017 has increased its exposure to the European and North American markets. MS&AD has historical business connections with the Mitsui and Sumitomo groups (the 'MS' in the company name) and has a long-term partnership with Toyota Motor that is advantageous in acquiring auto insurance customers.