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Stanbic IBTC Holdings (NSA:STANBIC) Interest Expense : ₦-120,268 Mil (TTM As of Mar. 2024)


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What is Stanbic IBTC Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stanbic IBTC Holdings's interest expense for the three months ended in Mar. 2024 was ₦ -38,903 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₦-120,268 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. Stanbic IBTC Holdings's Operating Income for the three months ended in Mar. 2024 was ₦ Mil. Stanbic IBTC Holdings'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.


Stanbic IBTC Holdings Interest Expense Historical Data

The historical data trend for Stanbic IBTC Holdings'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.

* Premium members only.

Stanbic IBTC Holdings Interest Expense Chart

Stanbic IBTC Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42,581.00 -31,561.00 -29,379.00 -39,551.00 -95,403.00

Stanbic IBTC Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14,038.00 -23,537.00 -26,513.00 -31,315.00 -38,903.00

Stanbic IBTC Holdings 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 ₦-120,268 Mil.

* 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.


Stanbic IBTC Holdings (NSA:STANBIC) Business Description

Traded in Other Exchanges
N/A
Address
Walter Carrington Crescent, IBTC Place, P.O. Box 71707, Victoria Island, Lagos, NGA
Stanbic IBTC Holdings PLC provides banking services. The company's operating segment includes Business and Commercial Clients; Wholesale Clients and Consumer and High Net Worth Clients. It generates maximum revenue from the Consumer and High Net Worth Clients segment. The Consumer and High Net Worth (CHNW) client segment is responsible for the end-to-end lifecycle of clients.

Stanbic IBTC Holdings (NSA:STANBIC) Headlines

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