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Old Mutual (MSW:OMU) Interest Expense : MWK-162,857 Mil (TTM As of Dec. 2024)


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What is Old Mutual Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Old Mutual's interest expense for the six months ended in Dec. 2024 was MWK -79,144 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MWK-162,857 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. Old Mutual's Operating Income for the six months ended in Dec. 2024 was MWK 678,121 Mil. Old Mutual's Interest Expense for the six months ended in Dec. 2024 was MWK -79,144 Mil. Old Mutual's Interest Coverage for the quarter that ended in Dec. 2024 was 8.57. 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.


Old Mutual Interest Expense Historical Data

The historical data trend for Old Mutual'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.

Old Mutual Interest Expense Chart

Old Mutual Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -194,009.59 -142,061.91 -150,174.31 -174,742.40 -163,825.83

Old Mutual Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 -79,616.54 -75,807.44 -98,479.29 -83,712.45 -79,144.30

Old Mutual 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 semi-annually data reported by the company within the most recent 12 months, which was MWK-162,857 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.


Old Mutual  (MSW:OMU) 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.

Old Mutual's Interest Expense for the six months ended in Dec. 2024 was MWK-79,144 Mil. Its EBIT for the six months ended in Dec. 2024 was MWK678,121 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was MWK2,484,692 Mil.

Old Mutual'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*678120.567/-79144.298
=8.57

* 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.


Old Mutual Business Description

Address
Mutualpark, Jan Smuts Drive, Pinelands, Cape Town, WC, ZAF, 7405
Old Mutual Ltd provides financial services that include wealth management, banking, asset management, and insurance. The firm is organized into the following operational segments: the mass and foundation cluster; Personal Finance and Wealth Management; Old Mutual Investments; Old Mutual corporate; Old Mutual Insure; Old Mutual Africa Regions; and other group activities.

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