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The South Indian Bank (NSE:SOUTHBANK) Interest Expense : ₹-42,375 Mil (TTM As of Sep. 2024)


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What is The South Indian Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The South Indian Bank's interest expense for the three months ended in Sep. 2024 was ₹ -14,724 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-42,375 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. The South Indian Bank's Operating Income for the three months ended in Sep. 2024 was ₹ Mil. The South Indian Bank's Interest Expense for the three months ended in Sep. 2024 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.


The South Indian Bank Interest Expense Historical Data

The historical data trend for The South Indian 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.

* Premium members only.

The South Indian Bank Interest Expense Chart

The South Indian Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54,462.99 -48,985.37 -43,467.80 -42,210.96 -52,807.53

The South Indian Bank Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12,172.70 -12,984.20 -13,650.60 -14,000.03 -14,724.40

The South Indian Bank 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 ₹-42,375 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.


The South Indian Bank Business Description

Traded in Other Exchanges
Address
TB Road, SIB House, Mission Quarters, Thrissur, KL, IND, 680001
The South Indian Bank Ltd operates in the Indian banking sector. The company's operating segments include Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking operations. Corporate/Wholesale Banking segment provides loans to the corporate segment identified based on RBI guidelines. The Retail Banking segment provides loans to non-corporate customers. Treasury segment constitutes interest earnings on investment portfolios and foreign exchange activities. The Other Banking Operations segment includes income from para-banking activities. It generates maximum revenue from the Retail Banking segment. Geographically, it operates in India.

The South Indian Bank Headlines

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