IFIC Bank (DHA:IFIC) Interest Expense : BDT-20,926 Mil (TTM As of Jun. 2023)

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What is IFIC Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IFIC Bank's interest expense for the three months ended in Jun. 2023 was BDT -5,850 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was BDT-20,926 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. IFIC Bank's Operating Income for the three months ended in Jun. 2023 was BDT Mil. IFIC Bank's Interest Expense for the three months ended in Jun. 2023 was BDT 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.

IFIC Bank Interest Expense Historical Data

The historical data trend for IFIC 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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IFIC Bank Interest Expense Chart

IFIC Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-18,028.00

-18,292.52

-15,426.17

-18,194.04

-24,476.97

IFIC Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-4,658.43	-5,074.10	-5,342.68	-5,850.34	-

IFIC 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-20,926 Mil.

IFIC Bank (DHA:IFIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IFIC Bank PLC (DHA:IFIC) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

IFIC Tower, 61 Purana Paltan, GPO Box : 2229, Dhaka, BGD, 1000

Website

https://www.ificbank.com.bd

IFIC Bank PLC is a commercial banking company in Bangladesh. The company provides corporate banking, retail banking internet banking, and SME banking. The company is also engaged in Treasury and capital market offering Cash Management, Liquidity Planning, Liquidity Protection, Trading of Foreign Exchange and Money Market Instruments, and Risk Management. Its segments are Corporate; SME; Short term Agri credit; Consumer and Others. It derives interest income from the Conventional banking unit and Off-Shore banking unit.

IFIC Bank (DHA:IFIC) Headlines

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