Alandsbanken ABP (LTS:0O2N) Interest Expense : €-106.8 Mil (TTM As of Mar. 2024)

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What is Alandsbanken ABP Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alandsbanken ABP's interest expense for the three months ended in Mar. 2024 was € -29.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-106.8 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. Alandsbanken ABP's Operating Income for the three months ended in Mar. 2024 was € Mil. Alandsbanken ABP'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.

Alandsbanken ABP Interest Expense Historical Data

The historical data trend for Alandsbanken ABP'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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Alandsbanken ABP Interest Expense Chart

Alandsbanken ABP Annual Data

Trend

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Dec23

Interest Expense

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-8.80

-7.63

-2.19

-13.40

-95.42

Alandsbanken ABP 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															-18.20	-24.00	-26.80	-26.50	-29.50

Alandsbanken ABP 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 €-106.8 Mil.

Alandsbanken ABP (LTS:0O2N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alandsbanken ABP (LTS:0O2N) » Definitions » Interest Expense

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ALBBV:Finland ALBAV:Finland

Address

Nygatan 2, Aland, Mariehamn, FIN, AX-22100

Website

https://www.alandsbanken.fi

Alandsbanken ABP is a private banking operator based in Finland. The services offered by the company include Account, Insurance, Loans, Digital services, Basic banking services and Invest and Save among others. The reportable segments of the company are Private Banking, Premium Banking, IT, Corporate and other.

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