Coop Pank AS (OTSE:CPA1T) Interest Expense : €-49.34 Mil (TTM As of Mar. 2024)

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What is Coop Pank AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coop Pank AS's interest expense for the three months ended in Mar. 2024 was € -15.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-49.34 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. Coop Pank AS's Operating Income for the three months ended in Mar. 2024 was € Mil. Coop Pank AS's Interest Expense for the three months ended in Mar. 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.

Coop Pank AS Interest Expense Historical Data

The historical data trend for Coop Pank AS'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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Coop Pank AS Interest Expense Chart

Coop Pank AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4.89

-6.27

-7.50

-9.38

-39.39

Coop Pank AS 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															-5.48	-7.44	-12.03	-14.44	-15.44

Coop Pank AS 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 €-49.34 Mil.

Coop Pank AS (OTSE:CPA1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coop Pank AS (OTSE:CPA1T) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maakri street 30, Tallinn, EST, 15014

Website

https://www.cooppank.ee

Coop Pank AS is a credit institution offering banking and financing services. The company provides corporate banking, retail banking, leasing financing, and consumer financing. Its banking services to private customers consist of accounts, payments, bank cards, cash services, and deposits; financing services consist of small loans, credit cards, home loans, leasing; banking services to legal persons consist of settlements, depositing, bank link service, bank cards, cash services; and financing products consist of loan, overdraft, bank guarantees.

Coop Pank AS (OTSE:CPA1T) Headlines

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