AGRPY (Absa Group) Interest Expense : $-4,982 Mil (TTM As of Jun. 2024)

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What is Absa Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Absa Group's interest expense for the six months ended in Jun. 2024 was $ -2,665 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-4,982 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. Absa Group's Operating Income for the six months ended in Jun. 2024 was $ Mil. Absa Group's Interest Expense for the six months ended in Jun. 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.

Absa Group Interest Expense Historical Data

The historical data trend for Absa Group'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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Absa Group Interest Expense Chart

Absa Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3,564.48

-2,969.67

-2,276.23

-3,029.46

-4,585.84

Absa Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-1,410.49	-1,738.60	-2,254.60	-2,317.69	-2,664.81

Absa Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-4,982 Mil.

Absa Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Absa Group Ltd (OTCPK:AGRPY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ABG:South Africa AU61:Germany

Address

15 Troye Street, 7th Floor, Absa Towers West, PO Box 7735, Johannesburg, GT, ZAF, 2000

Website

https://www.absa.africa

Absa Group Ltd is a financial services company that has five main business segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, Absa Regional Operations RBB (ARO RBB), CIB, & Head Office, Treasury, and other operations. The majority is from the Corporate and Investment Bank (CIB) segment which includes prioritized new-to-bank clients across key growth and priority sectors. CIB continued to up-sell and cross-sell new products and services to existing clients. Geographically, the majority is from South Africa.