IDBI Bank (BOM:500116) Interest Expense : ₹-113,735 Mil (TTM As of Dec. 2023)

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What is IDBI Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IDBI Bank's interest expense for the three months ended in Dec. 2023 was ₹ -31,018 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-113,735 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. IDBI Bank's Operating Income for the three months ended in Dec. 2023 was ₹ Mil. IDBI Bank's Interest Expense for the three months ended in Dec. 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.

IDBI Bank Interest Expense Historical Data

The historical data trend for IDBI 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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IDBI Bank Interest Expense Chart

IDBI Bank Annual Data

Trend

Mar14

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Mar23

Interest Expense

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-161,624.58

-138,411.19

-114,075.07

-91,215.45

-91,304.46

IDBI Bank 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															-23,039.40	-24,450.46	-28,605.20	-29,660.80	-31,018.40

IDBI 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-113,735 Mil.

IDBI Bank (BOM:500116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IDBI Bank Ltd (BOM:500116) » Definitions » Interest Expense

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IDBI:India

Address

IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai, MH, IND, 400005

Website

https://www.idbibank.in

IDBI Bank Ltd is an India-based company that is principally engaged in banking. The company's business segments include wholesale banking, retail banking, and treasury services, with wholesale banking and retail banking jointly contributing the majority of total revenue. In addition to its banking business, the company is also involved in capital markets, investment banking, and mutual fund businesses. The company operates through a branch network across India. Its operations are concentrated in India, with a presence in overseas markets as well.

IDBI Bank (BOM:500116) Headlines

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