Carolina Trust BancShares (Carolina Trust BancShares) Interest Expense : $-5.82 Mil (TTM As of Sep. 2019)

View and export this data going back to 2004. Start your Free Trial

What is Carolina Trust BancShares Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carolina Trust BancShares's interest expense for the three months ended in Sep. 2019 was $ -1.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-5.82 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. Carolina Trust BancShares's Operating Income for the three months ended in Sep. 2019 was $ Mil. Carolina Trust BancShares's Interest Expense for the three months ended in Sep. 2019 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.

Carolina Trust BancShares Interest Expense Historical Data

The historical data trend for Carolina Trust BancShares'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.

Carolina Trust BancShares Interest Expense Chart

Carolina Trust BancShares Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Interest Expense

Get a 7-Day Free Trial

-1.95

-2.31

-2.87

-3.48

-4.62

Carolina Trust BancShares Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Interest Expense	Get a 7-Day Free Trial															-1.18	-1.23	-1.42	-1.55	-1.61

Carolina Trust BancShares 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.82 Mil.

Carolina Trust BancShares (Carolina Trust BancShares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Carolina Trust BancShares Inc (NAS:CART) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 East Main Street, Lincolnton, NC, USA, 28092

Website

http://www.carolinatrust.com

Carolina Trust BancShares Inc is a bank holding company. The bank offers a range of financial services to small-to-medium-sized businesses, professionals and individual consumers in its community. It also offers a range of banking services, including checking and savings accounts; commercial, installment, mortgage and personal loans; safe deposit boxes, and other associated services. Carolina Trust offers personal banking and business banking services. The bank's market area consists primarily of Lincoln, Gaston and Rutherford Counties, North Carolina and includes parts of Catawba County.

Executives

Jerry L Ocheltree

director, officer: President & CEO

901 EAST MAIN STREET, LINCOLNTON NC 28092