Banco de Venezuela (CAR:BVL) Interest Expense: VES-3,523 Mil (TTM As of Dec. 2013)


What is Banco de Venezuela Interest Expense?

Banco de Venezuela CAR:BVL +0.56% Interest Expense is VES-3,523 Mil as of Dec. 2013.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banco de Venezuela's interest expense for the six months ended in Dec. 2013 was VES -1,960 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was VES-3,523 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 de Venezuela's Operating Income for the six months ended in Dec. 2013 was VES Mil. Banco de Venezuela's Interest Expense for the six months ended in Dec. 2013 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 de Venezuela Interest Expense Historical Data

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The historical data trend for Banco de Venezuela'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.

Banco de Venezuela Interest Expense Chart

Banco de Venezuela Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Interest Expense
-1,349.15 -1,629.04 -2,265.75 -3,523.47

Banco de Venezuela Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Interest Expense Get a 7-Day Free Trial -836.90 -1,010.46 -1,255.29 -1,563.37 -1,960.10

Banco de Venezuela 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. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was VES-3,523 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of VES-3,523 Mil mean?
Banco de Venezuela (CAR:BVL) has a Interest Expense of VES-3,523 Mil as of Dec. 2013. Interest Expense is the amount a company pays on its long-term debt. View historical data on Banco de Venezuela and its competitors.
Is Banco de Venezuela's Interest Expense too high?
Banco de Venezuela's current Interest Expense is VES-3,523 Mil.
How does Banco de Venezuela's Interest Expense compare to ARST?
Banco de Venezuela's Interest Expense of VES-3,523 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Banks company?
A good Interest Expense depends on the Banks industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Banco de Venezuela and its competitors. Banco de Venezuela's current Interest Expense is VES-3,523 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco de Venezuela stock overvalued right now?
Banco de Venezuela (CAR:BVL) has a current Interest Expense of VES-3,523 Mil. The current Interest Expense is VES-3,523 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Banco de Venezuela (CAR:BVL), the current Interest Expense is VES-3,523 Mil as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco de Venezuela Business Description

Address Av University in Society Traposos, Torre Banco de Venezuela, Caracas, VEN
Banco de Venezuela SA is engaged in financial intermediation services consisting of raising funds for the purpose of granting credit or loans, and other financial operations and services. The bank maintains currency and savings and foreign currency account which includes global accounts, paid global accounts, digital key accounts among others.