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Mercuries Life Insurance Co (TPE:2867) Interest Expense : NT$-36,930 Mil (TTM As of Mar. 2024)


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What is Mercuries Life Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mercuries Life Insurance Co's interest expense for the three months ended in Mar. 2024 was NT$ -9,143 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-36,930 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. Mercuries Life Insurance Co's Operating Income for the three months ended in Mar. 2024 was NT$ 0 Mil. Mercuries Life Insurance Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -9,143 Mil. Mercuries Life Insurance Co 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.

Mercuries Life Insurance Co Interest Expense Historical Data

The historical data trend for Mercuries Life Insurance Co'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.

Mercuries Life Insurance Co Interest Expense Chart

Mercuries Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34,970.48 -32,896.68 -31,403.47 -34,794.24 -36,674.38

Mercuries Life Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -8,887.01 -9,122.20 -9,309.19 -9,355.98 -9,142.98

Mercuries Life Insurance Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-36,930 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.

Mercuries Life Insurance Co  (TPE:2867) 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.

Mercuries Life Insurance Co's Interest Expense for the three months ended in Mar. 2024 was NT$-9,143 Mil. Its EBIT for the three months ended in Mar. 2024 was NT$0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$9,168 Mil.

Mercuries Life Insurance Co's Interest Coverage for the quarter that ended in Mar. 2024 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.

Mercuries Life Insurance Co (TPE:2867) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercuries Life Insurance Co Ltd (TPE:2867) » Definitions » Interest Expense
Comparable Companies
ROCO:5859 TPE:2905 SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 AFL MET PRU SHSE:601601 TSX:MFC LSE:PRU TSX:GWO TPE:2881 TSE:8750 TPE:2882 BOM:540777 BOM:540719 TSX:POW SHSE:601336
Traded in Other Exchanges
N/A
Address
Shitan Road, 1st Floor, No. 58, Neihu District, Taipei, TWN, 114
Website
https://www.mli.com.tw
Mercuries Life Insurance Co Ltd is a Taiwanese financial services company. Its product portfolio contains life insurance, health insurance, accident insurance, annuities, group insurance, and investment-linked products. Mercuries Life Insurance operations are mainly local. The company has also been developing its insurance services in overseas markets.

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