Discovery (JSE:DSY) Interest Expense : R-2,947 Mil (TTM As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Discovery Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Discovery's interest expense for the six months ended in Dec. 2023 was R -1,528 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R-2,947 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. Discovery's Operating Income for the six months ended in Dec. 2023 was R 6,293 Mil. Discovery's Interest Expense for the six months ended in Dec. 2023 was R -1,528 Mil. Discovery's Interest Coverage for the quarter that ended in Dec. 2023 was 4.12. 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.

Discovery Interest Expense Historical Data

The historical data trend for Discovery'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.

Discovery Interest Expense Chart

Discovery Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-1,342.00

-1,609.00

-2,042.00

-2,151.00

-2,666.00

Discovery Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1,073.00	-1,078.00	-1,247.00	-1,419.00	-1,528.00

Discovery 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-2,947 Mil.

Discovery (JSE:DSY) 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.

Discovery's Interest Expense for the six months ended in Dec. 2023 was R-1,528 Mil. Its EBIT for the six months ended in Dec. 2023 was R6,293 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R20,491 Mil.

Discovery'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	*	6293	/	-1528
	=	4.12

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

Discovery (JSE:DSY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Discovery Ltd (JSE:DSY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DSBP.PFD:South Africa DCYHF:USA D3H:Germany

Address

1 Discovery Place, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.discovery.co.za

Discovery Ltd sells multiple insurance products and provides investment management services. The company has reportable segments based on a combination of products and services which are Health South Africa, Life South Africa, Invest South Africa, Vitality South Africa, Insure South Africa, Bank South Africa, Health United Kingdom, Life United Kingdom, and other segment which include SA insure, SA bank, SA distribution, vitality group. It serves employers for health insurance, as well as individual clients who buy health and life insurance and investment products across the UK, US, China, Singapore, and Australia.