Mutual Benefits Assurance (NSA:MBAS) Interest Expense: ₦91.12 Mil (TTM As of Dec. 2025)


NSA:MBAS Mutual Benefits Assurance PLC NSA:MBAS
61 GF Score
Price ₦3.39
GF Value ₦2.25
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mutual Benefits Assurance Interest Expense?

Mutual Benefits Assurance NSA:MBAS -0.29% 61 Interest Expense is ₦91.12 Mil as of Dec. 2025. GuruFocus rates NSA:MBAS with a GF Score™ of 61/100 and a GF Value™ of ₦2.25 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mutual Benefits Assurance's interest expense for the three months ended in Dec. 2025 was ₦ 156.49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2025 was ₦91.12 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. Mutual Benefits Assurance's Operating Income for the three months ended in Dec. 2025 was ₦ -8,693.81 Mil. Mutual Benefits Assurance's Interest Expense for the three months ended in Dec. 2025 was ₦ 156.49 Mil. Mutual Benefits Assurance did not have earnings to cover the interest expense. 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.

Mutual Benefits Assurance  (NSA:MBAS) 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.

Mutual Benefits Assurance's Interest Expense for the three months ended in Dec. 2025 was ₦156.49 Mil. Its EBIT for the three months ended in Dec. 2025 was ₦-8,693.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2025 was ₦0.00 Mil.

Mutual Benefits Assurance's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mutual Benefits Assurance PLC has enough cash to cover all of its debt. Its financial situation is stable.

Mutual Benefits Assurance Interest Expense Historical Data

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The historical data trend for Mutual Benefits Assurance'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.

Mutual Benefits Assurance Interest Expense Chart

Mutual Benefits Assurance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -141.77 -177.10 -150.21 -261.47 -39.61

Mutual Benefits Assurance Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Sep24 Dec24 Jun25 Sep25 Dec25
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 -37.62 -148.60 0.00 -65.37 156.49
NSA:MBAS
61GF Score
Mutual Benefits Assurance PLC NSA:MBAS
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mutual Benefits Assurance 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦91.12 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₦91.12 Mil mean?
Mutual Benefits Assurance (NSA:MBAS) has a Interest Expense of ₦91.12 Mil as of Dec. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mutual Benefits Assurance and its competitors.
Is Mutual Benefits Assurance's Interest Expense too high?
Mutual Benefits Assurance's current Interest Expense is ₦91.12 Mil. Overall, Mutual Benefits Assurance has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's Interest Expense compare to BRK.A and AIG?
Mutual Benefits Assurance's Interest Expense of ₦91.12 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Insurance company?
A good Interest Expense depends on the Insurance industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mutual Benefits Assurance and its competitors. Mutual Benefits Assurance's current Interest Expense is ₦91.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual Benefits Assurance stock overvalued right now?
Based on GuruFocus' analysis, Mutual Benefits Assurance (NSA:MBAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.25, compared to a current price of ₦3.39 — trading 50.7% above its estimated fair value. The current Interest Expense is ₦91.12 Mil. Mutual Benefits Assurance's overall GF Score™ is 61/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Mutual Benefits Assurance (NSA:MBAS), the current Interest Expense is ₦91.12 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mutual Benefits Assurance (NSA:MBAS) Overvalued in 2026?

Based on GuruFocus' analysis, Mutual Benefits Assurance stock appears to be overvalued. The current stock price of ₦3.39 is trading 50.7% above its estimated GF Value™ of ₦2.25. GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.

Key valuation signals for NSA:MBAS:

  • Interest Expense: ₦91.12 Mil
  • GF Value™: ₦2.25 vs. price of ₦3.39 (50.7% above fair value)
  • GF Score™: 61/100 with 1 warning sign

No single metric tells the full story. See the NSA:MBAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mutual Benefits Assurance Business Description

Address 233 Ikorodu Road, Aret Adams House, Ilupeju, Lagos, NGA
Mutual Benefits Assurance PLC is a financial and wealth protection company in Nigeria. The principal objective of the Company is to render qualitative life related insurance & risks management services. It is a premium provider of life insurance, annuity and investment products and services. It has four reportable operating segments; assurance business, real estate, microfinance bank, and oil and gas exploration and production. The majority of revenue comes from Assurance business which covers the protection of customers' assets (Particularly their properties, both for personal and commercial business) and indemnification of other parties that have suffered damage as a result of customers accident. It has presence in Nigeria, and Liberia.
61GF Score

Get the complete analysis for NSA:MBAS

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦3.39
Price
₦2.25
GF Value