Industrial Bank Co (SHSE:601166) Interest Expense : ¥-205,795 Mil (TTM As of Mar. 2024)

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What is Industrial Bank Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Industrial Bank Co's interest expense for the three months ended in Mar. 2024 was ¥ -51,400 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-205,795 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. Industrial Bank Co's Operating Income for the three months ended in Mar. 2024 was ¥ Mil. Industrial Bank Co'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.

Industrial Bank Co Interest Expense Historical Data

The historical data trend for Industrial Bank Co'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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Industrial Bank Co Interest Expense Chart

Industrial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-166,689.00

-159,963.00

-169,479.00

-183,473.00

-202,576.00

Industrial Bank Co 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															-48,181.00	-51,145.00	-51,171.00	-52,079.00	-51,400.00

Industrial Bank Co 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 ¥-205,795 Mil.

Industrial Bank Co (SHSE:601166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial Bank Co Ltd (SHSE:601166) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 154 Hudong Road, Zhongshan Tower, Fujian, Fuzhou, CHN, 350003

Website

http://www.cib.com.cn

Industrial Bank Co Ltd is a joint-stock commercial bank. Its services include taking deposits; granting short, middle and long-term loan; handle domestic and overseas settlement; handle documents acceptance and discount; among others.

Industrial Bank Co (SHSE:601166) Headlines

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