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Abbey Mortgage Bank (NSA:ABBEYBDS) Interest Expense : ₦-4,629 Mil (TTM As of Dec. 2023)


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What is Abbey Mortgage Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Abbey Mortgage Bank's interest expense for the six months ended in Dec. 2023 was ₦ -4,629 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₦-4,629 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. Abbey Mortgage Bank's Operating Income for the six months ended in Dec. 2023 was ₦ Mil. Abbey Mortgage Bank's Interest Expense for the six months ended in Dec. 2023 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.


Abbey Mortgage Bank Interest Expense Historical Data

The historical data trend for Abbey Mortgage 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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Abbey Mortgage Bank Interest Expense Chart

Abbey Mortgage Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -487.66 -539.38 -1,683.94 -2,805.41 -4,629.10

Abbey Mortgage Bank Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial -487.66 -539.38 -1,683.94 -2,805.41 -4,629.10

Abbey Mortgage Bank Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₦-4,629 Mil.

* 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.


Abbey Mortgage Bank Business Description

Traded in Other Exchanges
N/A
Address
No 23, Karimu Kotun Street, Victoria Island, Lagos, NGA
Abbey Mortgage Bank PLC provides loan, mortgage and banking services to corporate and individual customers. The Bank's operations are geographically divided into two segments based on its operations within the northern and southern Nigeria The company offers a savings account, deposits, fund management services, personal loan, real estate and mortgage services and construction financing, among others.

Abbey Mortgage Bank Headlines

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