Meezan Bank (KAR:MEBL) Interest Expense : ₨0 Mil (TTM As of Mar. 2024)

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What is Meezan Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meezan Bank's interest expense for the three months ended in Mar. 2024 was ₨ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨0 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. Meezan Bank's Operating Income for the three months ended in Mar. 2024 was ₨ Mil. Meezan Bank'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.

Meezan Bank Interest Expense Historical Data

The historical data trend for Meezan Bank'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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Meezan Bank Interest Expense Chart

Meezan Bank Annual Data

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Interest Expense

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Meezan Bank Quarterly Data
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Meezan Bank 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 ₨0 Mil.

Meezan Bank (KAR:MEBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Meezan Bank Ltd (KAR:MEBL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Meezan House C-25, Estate Avenue, SITE, Karachi, SD, PAK, 75730

Website

https://www.meezanbank.com

Meezan Bank Ltd is an Islamic commercial bank registered in Pakistan. It is engaged in corporate, commercial, consumer, investment and retail banking activities. The group also provides credit facilities for import finance, export re-finance, long-term finance, documentary credit requirements and project financing needs of customers. In addition, it offers investment banking solutions, commercial banking as well as providing diverse financial solutions to small and medium enterprises. Its reportable segments are Corporate and Commercial Banking, Retail Banking, Trading and Sales, and Others. The Bank operates only in Pakistan.

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