MetLife (WBO:METL) Interest Expense : €-974 Mil (TTM As of Mar. 2024)

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What is MetLife Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MetLife's interest expense for the three months ended in Mar. 2024 was € -243 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-974 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. MetLife's Operating Income for the three months ended in Mar. 2024 was € 1,204 Mil. MetLife's Interest Expense for the three months ended in Mar. 2024 was € -243 Mil. MetLife's Interest Coverage for the quarter that ended in Mar. 2024 was 4.96. 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.

MetLife Interest Expense Historical Data

The historical data trend for MetLife'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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MetLife Interest Expense Chart

MetLife Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-859.50

-750.49

-814.20

-885.47

-958.27

MetLife 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															-238.17	-236.29	-248.31	-246.67	-242.88

MetLife 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 €-974 Mil.

MetLife (WBO:METL) 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.

MetLife's Interest Expense for the three months ended in Mar. 2024 was €-243 Mil. Its EBIT for the three months ended in Mar. 2024 was €1,204 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €17,603 Mil.

MetLife's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	1204.28	/	-242.88
	=	4.96

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

MetLife (WBO:METL) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MetLife Inc (WBO:METL) » Definitions » Interest Expense

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Address

200 Park Avenue, New York, NY, USA, 10166-0188

Website

https://www.metlife.com

MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.

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