Banco del Caribe CA Banco Universal (CAR:ABC.A) Interest Expense : VES-213.5 Mil (TTM As of Jun. 2024)

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What is Banco del Caribe CA Banco Universal Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banco del Caribe CA Banco Universal's interest expense for the six months ended in Jun. 2024 was VES -111.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was VES-213.5 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. Banco del Caribe CA Banco Universal's Operating Income for the six months ended in Jun. 2024 was VES Mil. Banco del Caribe CA Banco Universal's Interest Expense for the six months ended in Jun. 2024 was VES 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.

Banco del Caribe CA Banco Universal Interest Expense Historical Data

The historical data trend for Banco del Caribe CA Banco Universal'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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Banco del Caribe CA Banco Universal Interest Expense Chart

Banco del Caribe CA Banco Universal Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-25,260.11

-900,756.85

-3.59

-17.71

-175.25

Banco del Caribe CA Banco Universal Semi-Annual Data
	Jun10	Jun11	Jun12	Jun13	Jun14	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial												-7.23	1.85	-55.65	-101.95	-111.55

Banco del Caribe CA Banco Universal 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 VES-213.5 Mil.

Banco del Caribe CA Banco Universal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco del Caribe CA Banco Universal (CAR:ABC.A) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Torre Bancaribe, Galipan Business Center, Av Francisco de Miranda, Urbanisation El Rosal, Municipio Chacao, Caracas, VEN, 1060

Website

https://www.bancaribe.com.ve

Banco del Caribe CA Banco Universal provides financial intermediation services. The Company is engaged in raising funds for the purpose of granting credit or loans, and other financial services operations.

Banco del Caribe CA Banco Universal Headlines

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