Spar Nord Bank A/S (LTS:0JH4) Interest Expense : kr-954 Mil (TTM As of Dec. 2023)

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What is Spar Nord Bank A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spar Nord Bank A/S's interest expense for the three months ended in Dec. 2023 was kr -242 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-954 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. Spar Nord Bank A/S's Operating Income for the three months ended in Dec. 2023 was kr Mil. Spar Nord Bank A/S's Interest Expense for the three months ended in Dec. 2023 was kr 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.

Spar Nord Bank A/S Interest Expense Historical Data

The historical data trend for Spar Nord Bank A/S'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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Spar Nord Bank A/S Interest Expense Chart

Spar Nord Bank A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-193.00

-304.00

-460.00

-412.00

-577.00

Spar Nord Bank A/S 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															-59.00	-185.00	-237.00	-290.00	-242.00

Spar Nord Bank A/S 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 kr-954 Mil.

Spar Nord Bank A/S (LTS:0JH4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Spar Nord Bank A/S (LTS:0JH4) » Definitions » Interest Expense

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SPNO:Denmark 0SR:Germany

Address

Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100

Website

https://www.sparnord.com

Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank A/S (LTS:0JH4) Headlines

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