CIBanco Institucion de Banca Multiple (MEX:FCFE18) Interest Expense : MXN-4,824 Mil (TTM As of Mar. 2024)

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What is CIBanco Institucion de Banca Multiple Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CIBanco Institucion de Banca Multiple's interest expense for the three months ended in Mar. 2024 was MXN -1,319 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MXN-4,824 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. CIBanco Institucion de Banca Multiple's Operating Income for the three months ended in Mar. 2024 was MXN Mil. CIBanco Institucion de Banca Multiple's Interest Expense for the three months ended in Mar. 2024 was MXN 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.

CIBanco Institucion de Banca Multiple Interest Expense Historical Data

The historical data trend for CIBanco Institucion de Banca Multiple'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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CIBanco Institucion de Banca Multiple Interest Expense Chart

CIBanco Institucion de Banca Multiple Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2,017.00

-1,413.00

-1,257.00

-2,534.00

-4,470.00

CIBanco Institucion de Banca Multiple 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															-965.00	-1,119.00	-1,164.00	-1,222.00	-1,319.00

CIBanco Institucion de Banca Multiple 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 MXN-4,824 Mil.

CIBanco Institucion de Banca Multiple (MEX:FCFE18) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CIBanco SA Institucion de Banca Multiple (MEX:FCFE18) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Paseo De La Reforma 115, Piso 23, Lomas De Chapultepec, Mexico, MEX, 11000

Website

http://www.cibanco.com

CIBanco SA Institucion de Banca Multiple provides financial products and services. The company's services include investment management, investment services and wealth management.

CIBanco Institucion de Banca Multiple (MEX:FCFE18) Headlines

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