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Redwood Capital Bancorp (Redwood Capital Bancorp) Interest Expense : $-2.10 Mil (TTM As of Dec. 2023)


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What is Redwood Capital Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Redwood Capital Bancorp's interest expense for the six months ended in Dec. 2023 was $ -2.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.10 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. Redwood Capital Bancorp's Operating Income for the six months ended in Dec. 2023 was $ Mil. Redwood Capital Bancorp'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.

Redwood Capital Bancorp Interest Expense Historical Data

The historical data trend for Redwood Capital Bancorp'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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Redwood Capital Bancorp Interest Expense Chart

Redwood Capital Bancorp Annual Data
Trend Dec04 Dec05 Dec06 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.96 -1.51 -1.29 -1.02 -2.10

Redwood Capital Bancorp Semi-Annual Data
Dec04 Dec05 Dec06 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial -1.96 -1.51 -1.29 -1.02 -2.10

Redwood Capital Bancorp 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 $-2.10 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.

Redwood Capital Bancorp (Redwood Capital Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Redwood Capital Bancorp (OTCPK:RWCB) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
402 G Street, Eureka, CA, USA, 95501
Website
https://www.redwoodcapitalbank.com
Redwood Capital Bancorp provides various banking products and services. The company offers personal such as savings and certificates, real estate loans, and home equity loans; business services such as commercial lending, and money market accounts; online banking info, fraud prevention and other services.