Citizens Development Business Finance (COL:CDB.N0000) Interest Expense : රු-11,952 Mil (TTM As of Dec. 2024)

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What is Citizens Development Business Finance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Citizens Development Business Finance's interest expense for the three months ended in Dec. 2024 was රු -2,892 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was රු-11,952 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. Citizens Development Business Finance's Operating Income for the three months ended in Dec. 2024 was රු Mil. Citizens Development Business Finance's Interest Expense for the three months ended in Dec. 2024 was රු 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.

Citizens Development Business Finance Interest Expense Historical Data

The historical data trend for Citizens Development Business Finance'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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Citizens Development Business Finance Interest Expense Chart

Citizens Development Business Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-9,106.42

-7,389.93

-6,258.89

-12,684.93

-13,248.66

Citizens Development Business Finance Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-3,056.52	-3,246.45	-2,968.14	-2,845.00	-2,892.35

Citizens Development Business Finance 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was රු-11,952 Mil.

Citizens Development Business Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Citizens Development Business Finance PLC (COL:CDB.N0000) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CDB.X0000:Sri Lanka

Address

No. 123, Orabipasha Mawatha, Colombo, LKA, 10

Website

https://www.cdb.lk

Citizens Development Business Finance PLC provides financial services. The company offers term and savings deposits, leasing, hire purchase and loan facilities, gold loans, foreign exchange, foreign remittances, issuance of international debit cards, credit cards, margin trading, Islamic finance products, and other financial services. Its operating segment includes Lease and stocks out on hire; Loans and advances and Other. The company generates maximum revenue from the Lease and stock out-on-hire segment.

Citizens Development Business Finance Headlines

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