First Abu Dhabi Bank PJSC (ADX:FAB) Interest Expense : د.إ-43,204 Mil (TTM As of Dec. 2023)

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What is First Abu Dhabi Bank PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Abu Dhabi Bank PJSC's interest expense for the three months ended in Dec. 2023 was د.إ -13,845 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ-43,204 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. First Abu Dhabi Bank PJSC's Operating Income for the three months ended in Dec. 2023 was د.إ Mil. First Abu Dhabi Bank PJSC's Interest Expense for the three months ended in Dec. 2023 was د.إ 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.

First Abu Dhabi Bank PJSC Interest Expense Historical Data

The historical data trend for First Abu Dhabi Bank PJSC'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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First Abu Dhabi Bank PJSC Interest Expense Chart

First Abu Dhabi Bank PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-11,594.15

-6,585.67

-5,561.22

-15,169.96

-43,204.33

First Abu Dhabi Bank PJSC 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															-7,120.01	-8,549.21	-9,623.02	-11,186.62	-13,845.48

First Abu Dhabi Bank PJSC 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 د.إ-43,204 Mil.

First Abu Dhabi Bank PJSC (ADX:FAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Abu Dhabi Bank PJSC (ADX:FAB) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Khalifa Business Park 1, P.O. Box 6316, FAB Building, Al Qurum District, Abu Dhabi, ARE

Website

https://www.bankfab.com

First Abu Dhabi Bank PJSC or FAB, is a Global bank headquartered in the United Arab Emirates. The company's segment includes Investment Banking; Corporate and commercial Banking Group; Consumer Banking; Global Private Banking and Head Office. It generates maximum revenue from the Investment Banking segment. IB offers banking and financing solutions, including corporate and Islamic finance, capital markets, transaction banking, trade, liquidity and cash management services along with a broad range of risk management solutions across credit, rates, FX and money market products.

First Abu Dhabi Bank PJSC (ADX:FAB) Headlines

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