Standard Chartered Bank Kenya (NAI:SCBK) Interest Expense : KES-5,522 Mil (TTM As of Sep. 2024)

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What is Standard Chartered Bank Kenya Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Standard Chartered Bank Kenya's interest expense for the three months ended in Sep. 2024 was KES -1,501 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was KES-5,522 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. Standard Chartered Bank Kenya's Operating Income for the three months ended in Sep. 2024 was KES Mil. Standard Chartered Bank Kenya's Interest Expense for the three months ended in Sep. 2024 was KES 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.

Standard Chartered Bank Kenya Interest Expense Historical Data

The historical data trend for Standard Chartered Bank Kenya'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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Standard Chartered Bank Kenya Interest Expense Chart

Standard Chartered Bank Kenya Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-6,148.00

-4,971.19

-3,873.69

-3,690.86

-3,507.76

Standard Chartered Bank Kenya Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-678.04	-1,310.47	-1,249.39	-1,460.69	-1,501.34

Standard Chartered Bank Kenya 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KES-5,522 Mil.

Standard Chartered Bank Kenya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered Bank Kenya Ltd (NAI:SCBK) » Definitions » Interest Expense

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Address

Number 48 Westlands Road, P.O. Box 30003, Nairobi, KEN, 00100

Website

https://www.sc.com/ke/

Standard Chartered Bank Kenya Ltd offers a variety of local and foreign currency banking solutions to meet its clients, transactional, borrowing and investment needs. It has a diversified portfolio cutting across select sectors that include business services, manufacturing, wholesale and retail trade, transport and communication, real estate, agriculture, energy and water. The company's target segments are mainly corporate clients, government and government agencies, commercial clients and retail clients.

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