Mapfre (XMAD:MAP) Interest Expense : €-482 Mil (TTM As of Jun. 2024)

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What is Mapfre Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mapfre's interest expense for the six months ended in Jun. 2024 was € -482 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-482 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. Mapfre's Operating Income for the six months ended in Jun. 2024 was € 1,513 Mil. Mapfre's Interest Expense for the six months ended in Jun. 2024 was € -482 Mil. Mapfre's Interest Coverage for the quarter that ended in Jun. 2024 was 3.14. 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.

Mapfre Interest Expense Historical Data

The historical data trend for Mapfre'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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Mapfre Interest Expense Chart

Mapfre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-70.80

-57.70

-61.60

Mapfre Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-254.40	-	-263.80	-	-481.70

Mapfre 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-482 Mil.

Mapfre (XMAD:MAP) 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.

Mapfre's Interest Expense for the six months ended in Jun. 2024 was €-482 Mil. Its EBIT for the six months ended in Jun. 2024 was €1,513 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €3,034 Mil.

Mapfre's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	1513.4	/	-481.7
	=	3.14

The higher the ratio, the stronger the company's financial strength is.

Mapfre Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mapfre SA (XMAD:MAP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MPFRY:USA MPFRF:USA 1MAP:Italy MAPe:UK 0NQ2:UK CMAB:Germany

Address

Carretera de Pozuelo 52, Majadahonda, ESP, 28222

Website

https://www.mapfre.com

Mapfre SA engaged in insurance activity in its various lines of business, both life and non-life, finance, securities investment, and services. It has Insurance business units in Iberia, Brazil, Latam north, Latam south, North America and Eurasia also Assistance unit, Global risks unit and Reinsurance unit around the world. Key revenue comes from Iberia. Mapfre also provides health and other non-life insurance policies.

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