GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HSBC Holdings PLC (NYSE:HSBC) » Definitions » Interest Expense

HSBC Holdings (HSBC Holdings) Interest Expense : $-93,763 Mil (TTM As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is HSBC Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HSBC Holdings's interest expense for the three months ended in Dec. 2023 was $ -65,072 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-93,763 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. HSBC Holdings's Operating Income for the three months ended in Dec. 2023 was $ Mil. HSBC Holdings's Interest Expense for the three 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.


HSBC Holdings Interest Expense Historical Data

The historical data trend for HSBC 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.

HSBC Holdings Interest Expense Chart

HSBC 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 -24,233.00 -14,178.00 -9,699.00 -22,449.00 -65,072.00

HSBC Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -22,449.00 - -28,691.00 - -65,072.00

HSBC 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-93,763 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.


HSBC Holdings (HSBC Holdings) Business Description

Address
8 Canada Square, London, GBR, E14 5HQ
Established in 1865 in Hong Kong, London-based HSBC is one of the largest banks in the world, with assets of USD 3 trillion and 40 million customers worldwide. It operates across 64 countries with around 220,000 full-time staff. Key regions include Asia, Europe, the Middle East and North Africa, and North America. The United Kingdom and Hong Kong are the two largest markets for the bank. The bank offers retail, commercial and institutional banking, global banking and markets, wealth management, and private banking.