Allied Bank (KAR:ABL) Interest Expense : ₨-255,740 Mil (TTM As of Mar. 2024)

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What is Allied Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Allied Bank's interest expense for the three months ended in Mar. 2024 was ₨ -65,177 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₨-255,740 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. Allied Bank's Operating Income for the three months ended in Mar. 2024 was ₨ Mil. Allied Bank's Interest Expense for the three months ended in Mar. 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.

Allied Bank Interest Expense Historical Data

The historical data trend for Allied 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.

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Allied Bank Interest Expense Chart

Allied Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-80,760.74

-62,153.11

-73,092.39

-148,768.14

-244,096.46

Allied Bank 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															-53,533.61	-64,720.81	-65,130.25	-60,711.79	-65,176.66

Allied 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-255,740 Mil.

Allied Bank (KAR:ABL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Allied Bank Ltd (KAR:ABL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tipu Block, New Garden Town, Main Boulevard, Lahore, PB, PAK, 54000

Website

https://www.abl.com

Allied Bank Ltd is a scheduled bank engaged in providing commercial banking and related services. It offers financial products and services to medium and large-sized public and private sector entities and overseas including corporate advisory, underwriting, cash management, trade products, corporate finance products, arranging tenured financing and customer service. It also provides for treasury and money market activities; providing retail banking services to consumers, small and medium enterprises; loans and deposits to commercial and retail customers. The bank's segments are Corporate and Investment Banking; Trading and Sales; Commercial and retail banking; Islamic banking; Asset management company and Others. Majority of revenue is derived from Commercial and Retail Banking segment.