Banque Internationale Arabe de Tunisie (LSE:BIND) Interest Expense : $-226.3 Mil (TTM As of Dec. 2023)

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What is Banque Internationale Arabe de Tunisie Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banque Internationale Arabe de Tunisie's interest expense for the six months ended in Dec. 2023 was $ -226.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-226.3 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. Banque Internationale Arabe de Tunisie's Operating Income for the six months ended in Dec. 2023 was $ Mil. Banque Internationale Arabe de Tunisie's Interest Expense for the six months ended in Dec. 2023 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.

Banque Internationale Arabe de Tunisie Interest Expense Historical Data

The historical data trend for Banque Internationale Arabe de Tunisie'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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Banque Internationale Arabe de Tunisie Interest Expense Chart

Banque Internationale Arabe de Tunisie Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-171.94

-155.66

-160.11

-182.15

-226.30

Banque Internationale Arabe de Tunisie Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial										-171.94	-155.66	-160.11	-182.15	-226.30

Banque Internationale Arabe de Tunisie Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-226.3 Mil.

Banque Internationale Arabe de Tunisie (LSE:BIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banque Internationale Arabe de Tunisie SA (LSE:BIND) » Definitions » Interest Expense

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BIAT:Tunisia

Address

70-72 Avenue Habib Bourguiba, Tunis, TUN, 1000

Website

https://www.biat.com.tn

Banque Internationale Arabe de Tunisie SA is a Tunisia-based banking services provider. The crux of its operations involves Retail Banking and Funding and Investment Banking Business which are also its operating segments. Under the Retail Banking umbrella, it provides deposit products and loans to individuals, as well as the agriculture and fishing, industry, construction, olive oil, trading, tourism, transport, telecom, service, and other sectors. The Investment Banking services include corporate finance, venture capital, a securities portfolio and financial holdings management, asset management, debt recovery. The bank generates a majority of its revenue in the form of interest incomes.

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