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HSNGF (Hang Seng Bank) Interest Expense : $-3,735 Mil (TTM As of Jun. 2024)


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What is Hang Seng Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hang Seng Bank's interest expense for the six months ended in Jun. 2024 was $ -1,965 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-3,735 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. Hang Seng Bank's Operating Income for the six months ended in Jun. 2024 was $ Mil. Hang Seng Bank's Interest Expense for the six months ended in Jun. 2024 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.

Hang Seng Bank Interest Expense Historical Data

The historical data trend for Hang Seng 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.

* Premium members only.

Hang Seng Bank Interest Expense Chart

Hang Seng Bank 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 -1,529.25 -1,134.05 -600.72 -1,185.68 -3,475.63

Hang Seng Bank Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -282.36 -901.05 -1,699.99 -1,770.60 -1,964.53

Hang Seng 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3,735 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.

Hang Seng Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hang Seng Bank Ltd (OTCPK:HSNGF) » Definitions » Interest Expense
Comparable Companies
HKSE:02388 HKSE:02016 HKSE:03618 HKSE:03698 HKSE:00023 HKSE:09889 HKSE:01551 HKSE:06199 HKSE:01963 HKSE:03866 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 NSE:SBIN PNC USB ISX:BBCA HKSE:01658
Traded in Other Exchanges
HSNGY:USA 00011:Hong Kong HSB:Germany
Address
83 Des Voeux Road Central, Hong kong, HKG
Website
https://www.hangseng.com
Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments: retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.