Liberty Kenya Holdings (NAI:LBTY) Interest Expense : KES-5 Mil (TTM As of Dec. 2023)

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What is Liberty Kenya Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Liberty Kenya Holdings's interest expense for the six months ended in Dec. 2023 was KES -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was KES-5 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. Liberty Kenya Holdings's Operating Income for the six months ended in Dec. 2023 was KES 1,105 Mil. Liberty Kenya Holdings's Interest Expense for the six months ended in Dec. 2023 was KES -5 Mil. Liberty Kenya Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 211.67. 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.

Liberty Kenya Holdings Interest Expense Historical Data

The historical data trend for Liberty Kenya 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.

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Liberty Kenya Holdings Interest Expense Chart

Liberty Kenya Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-125.94

-122.34

-10.79

-10.76

-5.22

Liberty Kenya Holdings Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial								-125.94	-122.34	-10.79	-10.76	-5.22

Liberty Kenya Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was KES-5 Mil.

Liberty Kenya Holdings (NAI:LBTY) 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.

Liberty Kenya Holdings's Interest Expense for the six months ended in Dec. 2023 was KES-5 Mil. Its EBIT for the six months ended in Dec. 2023 was KES1,105 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was KES63 Mil.

Liberty Kenya Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1104.7	/	-5.219
	=	211.67

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. Liberty Kenya Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Liberty Kenya Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Liberty Kenya Holdings Ltd (NAI:LBTY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liberty House, Processional Way, P. O. Box 30364, Nairobi, KEN, 00100

Website

https://www.libertykenya.co.ke

Liberty Kenya Holdings Ltd is an insurance company. It offers long-term insurance products and services to individual and corporate markets. Its products include life insurance, health insurance, and short-term insurance. Its insurance contracts are categorized as long-term and general insurance businesses depending on the duration of risk. The group is organized into segments as follows: Long-term business; General businesses and Holding company.

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