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Banco de la Produccion PRODUBANCO (QUI:PRE) Interest Expense : $-242.6 Mil (TTM As of Dec. 2023)


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What is Banco de la Produccion PRODUBANCO Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banco de la Produccion PRODUBANCO's interest expense for the six months ended in Dec. 2023 was $ -242.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-242.6 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. Banco de la Produccion PRODUBANCO's Operating Income for the six months ended in Dec. 2023 was $ Mil. Banco de la Produccion PRODUBANCO'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.

Banco de la Produccion PRODUBANCO Interest Expense Historical Data

The historical data trend for Banco de la Produccion PRODUBANCO'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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Banco de la Produccion PRODUBANCO Interest Expense Chart

Banco de la Produccion PRODUBANCO Annual Data
Trend Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -119.80 -124.93 -111.90 -137.74 -242.59

Banco de la Produccion PRODUBANCO Semi-Annual Data
Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial -119.80 -124.93 -111.90 -137.74 -242.59

Banco de la Produccion PRODUBANCO 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 $-242.6 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.

Banco de la Produccion PRODUBANCO Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de la Produccion SA PRODUBANCO (QUI:PRE) » Definitions » Interest Expense
Comparable Companies
XGUA:GYL XGUA:PCD NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 MIL:ISP XPAR:BNP SGX:D05 MIL:UCG NSE:SBIN HKSE:01658 ISX:BBCA PNC USB BSP:ITUB3 TSE:8411 SHSE:601166 LSE:LLOY XPAR:ACA
Traded in Other Exchanges
PRE:Ecuador
Address
Simon Bolivar and Via a Nayon, Ekopark Corporate Complex, Tower 1, Quito, ECU
Website
https://www.produbanco.com
Banco de la Produccion SA PRODUBANCO is a banking company. Its services include current accounts in dollars, savings accounts in dollars, capital integration accounts, payment of import levies, payment of taxes, accumulation policies, and ATMs among others.