National Bank of KuwaitK (KUW:NBK) Interest Expense : KWD-980 Mil (TTM As of Mar. 2024)

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What is National Bank of KuwaitK Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. National Bank of KuwaitK's interest expense for the three months ended in Mar. 2024 was KWD -263 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD-980 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. National Bank of KuwaitK's Operating Income for the three months ended in Mar. 2024 was KWD Mil. National Bank of KuwaitK's Interest Expense for the three months ended in Mar. 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.

National Bank of KuwaitK Interest Expense Historical Data

The historical data trend for National Bank of KuwaitK'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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National Bank of KuwaitK Interest Expense Chart

National Bank of KuwaitK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-421.62

-266.75

-154.89

-363.82

-908.15

National Bank of KuwaitK 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															-190.67	-219.00	-242.51	-255.97	-262.87

National Bank of KuwaitK 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 KWD-980 Mil.

National Bank of KuwaitK (KUW:NBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Kuwait SAK (KUW:NBK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Shuhada Street, P.O. Box 95, Safat, Kuwait, KWT, 13001

Website

https://www.nbk.com

National Bank of Kuwait SAK is a financial institution. The company's operating segment includes Consumer and Private Banking; Corporate Banking; Investment Banking and Asset Management; Islamic Banking Group centre and International.. It generates maximum revenue from the Consumer and Private Banking segment. The Consumer Banking segment provides a diversified range of products and services to individuals which include consumer loans, credit cards, deposits, foreign exchange, and other branch-related services. Geographically, it derives a majority of revenue from Kuwait and also has a presence in the Middle East and North Africa; Europe and Other Countries.

National Bank of KuwaitK (KUW:NBK) Headlines

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