Burgan BankK (KUW:BURG) Interest Expense : KWD-452.9 Mil (TTM As of Dec. 2024)

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What is Burgan BankK Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Burgan BankK's interest expense for the three months ended in Dec. 2024 was KWD -118.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was KWD-452.9 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. Burgan BankK's Operating Income for the three months ended in Dec. 2024 was KWD Mil. Burgan BankK's Interest Expense for the three months ended in Dec. 2024 was KWD 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.

Burgan BankK Interest Expense Historical Data

The historical data trend for Burgan BankK'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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Burgan BankK Interest Expense Chart

Burgan BankK Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-130.24

-125.95

-176.01

-313.45

-452.92

Burgan BankK 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															-91.71	-104.57	-118.41	-111.48	-118.47

Burgan BankK 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 KWD-452.9 Mil.

Burgan BankK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Burgan Bank SAK (KUW:BURG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdulla Al-Ahmad Street, Block 1, P.O. Box 5389, Building No. 22, Al Sharq, Safat, Kuwait, KWT, 12170

Website

https://www.burgan.com

Burgan Bank SAK is a Kuwait-based banking entity. Domestically, the company operates in the following business segments: Corporate and Consumer banking, Treasury, FI and Investment banking, and Central Office. In addition, all of its operations outside Kuwait are classified as International. A majority of its revenue is generated from the Corporate and Consumer banking segment, which provides comprehensive products and services to corporate and individual customers, including lending, deposits, trade services, foreign exchange, advisory services, credit and debit cards, and others. Geographically, the company generates maximum revenue from its business in Kuwait, and also has a presence in Turkey, Algeria, and Tunisia.