Optima bank (ATH:OPTIMA) Interest Expense : €-13.4 Mil (TTM As of Jun. 2023)

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What is Optima bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Optima bank's interest expense for the six months ended in Jun. 2023 was € -10.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-13.4 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. Optima bank's Operating Income for the six months ended in Jun. 2023 was € Mil. Optima bank's Interest Expense for the six months ended in Jun. 2023 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.

Optima bank Interest Expense Historical Data

The historical data trend for Optima 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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Optima bank Interest Expense Chart

Optima bank Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-2.68

-2.67

-4.27

Optima bank Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Interest Expense	-	-	-1.21	-3.06	-10.32

Optima 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-13.4 Mil.

Optima bank (ATH:OPTIMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Optima bank SA (ATH:OPTIMA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

C59:Germany

Address

32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125

Website

https://www.optimabank.gr

Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services and Business Receivables Agency.

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