Unity Bank (NSA:UBP) Interest Expense: ₦-36,183.44 Mil (TTM As of Dec. 2023)


NSA:UBP Unity Bank PLC NSA:UBP
8 GF Score
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What is Unity Bank Interest Expense?

Unity Bank NSA:UBP 8 Interest Expense is ₦-36,183.44 Mil as of Dec. 2023. GuruFocus rates NSA:UBP with a GF Score™ of 8/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Unity Bank's interest expense for the six months ended in Dec. 2023 was ₦ -36,183.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₦-36,183.44 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. Unity Bank's Operating Income for the six months ended in Dec. 2023 was ₦ Mil. Unity 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.

Unity Bank Interest Expense Historical Data

* Premium members only.

The historical data trend for Unity 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.

Unity Bank Interest Expense Chart

Unity Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -19,454.65 -21,372.32 -23,127.01 -29,647.24 -36,183.44

Unity Bank Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -19,454.65 -21,372.32 -23,127.01 -29,647.24 -36,183.44
NSA:UBP
8GF Score
Unity Bank PLC NSA:UBP
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Unity 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 ₦-36,183.44 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₦-36,183.44 Mil mean?
Unity Bank (NSA:UBP) has a Interest Expense of ₦-36,183.44 Mil as of Dec. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Unity Bank and its competitors.
Is Unity Bank's Interest Expense too high?
Unity Bank's current Interest Expense is ₦-36,183.44 Mil. Overall, Unity Bank has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Unity Bank's Interest Expense compare to USB and PNC?
Unity Bank's Interest Expense of ₦-36,183.44 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Banks company?
A good Interest Expense depends on the Banks industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Unity Bank and its competitors. Unity Bank's current Interest Expense is ₦-36,183.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unity Bank stock overvalued right now?
Unity Bank (NSA:UBP) has a current Interest Expense of ₦-36,183.44 Mil. The current Interest Expense is ₦-36,183.44 Mil. Unity Bank's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Unity Bank (NSA:UBP), the current Interest Expense is ₦-36,183.44 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Unity Bank Business Description

Address Plot 42, Ahmed Onibudo Street, Victoria Island, Lagos, NGA
Unity Bank PLC provides a range of retail, corporate, treasury and investment banking services in Nigeria. The Bank's offerings include Private banking, Digital Banking, Business banking, custody services, consumer loans & mortgages, structured financing, and corporate leasing services among others. It has six Business segments Corporate Banking, Commercial Banking, Personal Banking, Private Banking, SME and Institutional Banking. The Bank operated two geographical segments in addition to the Head Office which is: North and South Bank, of which it dervies majority revenue from North Bank.
8GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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