TKOMY (Tokio Marine Holdings) Interest Expense : $-181 Mil (TTM As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Tokio Marine Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tokio Marine Holdings's interest expense for the three months ended in Sep. 2024 was $ -57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-181 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. Tokio Marine Holdings's Operating Income for the three months ended in Sep. 2024 was $ 4,734 Mil. Tokio Marine Holdings's Interest Expense for the three months ended in Sep. 2024 was $ -57 Mil. Tokio Marine Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 83.35. 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.

Tokio Marine Holdings Interest Expense Historical Data

The historical data trend for Tokio Marine 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.

Tokio Marine Holdings Interest Expense Chart

Tokio Marine Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-175.91

-105.38

-70.82

-104.37

-173.60

Tokio Marine 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															-52.47	-50.24	-34.08	-39.56	-56.79

Tokio Marine 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 $-181 Mil.

Tokio Marine Holdings (OTCPK:TKOMY) 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.

Tokio Marine Holdings's Interest Expense for the three months ended in Sep. 2024 was $-57 Mil. Its EBIT for the three months ended in Sep. 2024 was $4,734 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $1,593 Mil.

Tokio Marine 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	*	4733.991	/	-56.794
	=	83.35

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. Tokio Marine Holdings Inc has enough cash to cover all of its debt. Its financial situation is stable.

Tokio Marine Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tokio Marine Holdings Inc (OTCPK:TKOMY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TKOMF:USA 8766:Japan MH6:Germany MH6:Germany

Address

Tokio Marine Nichido Building Shinkan, 2-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.tokiomarinehd.com

Dating back to 1879, Tokio Marine is Japan's oldest insurance company and was its top property and casualty insurer in terms of market share for many decades. After mergers of its smaller rivals in the past few years, the company is now roughly the same size in the domestic nonlife market as MS&AD and Sompo Holdings, but it remains the most valuable listed Japanese insurer in terms of market capitalization due to its larger overseas business portfolio. The majority of its overseas business is in the US, where it has purchased four specialty insurers since 2008: Philadelphia Consolidated, Delphi Financial, HCC, and PURE.