Canara Bank (BOM:532483) Interest Expense : ₹-721,176 Mil (TTM As of Mar. 2024)

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What is Canara Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canara Bank's interest expense for the three months ended in Mar. 2024 was ₹ -192,261 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-721,176 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. Canara Bank's Operating Income for the three months ended in Mar. 2024 was ₹ Mil. Canara Bank's Interest Expense for the three months ended in Mar. 2024 was ₹ Mil. 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.

Canara Bank Interest Expense Historical Data

The historical data trend for Canara Bank'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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Canara Bank Interest Expense Chart

Canara Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-358,171.86

-451,824.97

-430,354.70

-529,900.60

-721,175.90

Canara Bank 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															-152,918.40	-163,369.70	-179,342.70	-186,202.60	-192,260.90

Canara Bank 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 ₹-721,176 Mil.

Canara Bank (BOM:532483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canara Bank (BOM:532483) » Definitions » Interest Expense

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CANBK:India

Address

No. 112, J C Road, Town Hall, Bengaluru, KA, IND, 560002

Website

https://www.canarabank.com

Canara Bank is an India-based commercial bank. The company's core businesses consist of Treasury Operations, Retail Banking Operations, and Corporate and Wholesale Banking Operations. It conducts a broad range of banking activities serving large and midsize corporations. Its priority sector and retail sector lending business offer funding services to the priority and retail sectors, such as loans to agriculture, housing, and educational institutions. The company owns a large branch network across India, with several branches in overseas cities such as New York, London, Hong Kong, and Dubai.

Canara Bank (BOM:532483) Headlines

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