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Pan Asia Banking (COL:PABC.N0000) Interest Expense : රු-24,975 Mil (TTM As of Mar. 2024)


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What is Pan Asia Banking Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pan Asia Banking's interest expense for the three months ended in Mar. 2024 was රු -5,280 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was රු-24,975 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. Pan Asia Banking's Operating Income for the three months ended in Mar. 2024 was රු Mil. Pan Asia Banking's Interest Expense for the three months ended in Mar. 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.


Pan Asia Banking Interest Expense Historical Data

The historical data trend for Pan Asia Banking'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.

* Premium members only.

Pan Asia Banking Interest Expense Chart

Pan Asia Banking Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12,782.02 -11,451.26 -9,156.57 -17,170.70 -26,820.53

Pan Asia Banking Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7,125.71 -7,403.59 -6,427.31 -5,863.92 -5,279.97

Pan Asia Banking 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was රු-24,975 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.


Pan Asia Banking (COL:PABC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 450, Galle Road, Colombo, LKA, 03
Pan Asia Banking Corp PLC operates as a bank which is engaged in providing banking products and services. It provides services including corporate banking, retail banking, and treasury functions. The business segments of the company are Corporate Banking which includes loans, overdrafts, other credit facilities, deposits, current accounts and other services offered to corporate customers; Retail and SME Banking, which includes loans, overdrafts, credit card facilities, deposits, current accounts and other services offered to retail customers; and Treasury and investment function includes trading function, financing and other central functions, use of derivative for risk management purpose, investment products, and services to institutional investors and intermediaries.

Pan Asia Banking (COL:PABC.N0000) Headlines

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