GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » State Bank of India (OTCPK:SBKFF) » Definitions » Interest Expense

State Bank of India (State Bank of India) Interest Expense : $-31,326 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is State Bank of India Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. State Bank of India's interest expense for the three months ended in Mar. 2024 was $ -8,509 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-31,326 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. State Bank of India's Operating Income for the three months ended in Mar. 2024 was $ Mil. State Bank of India'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.


State Bank of India Interest Expense Historical Data

The historical data trend for State Bank of India'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.

State Bank of India Interest Expense Chart

State Bank of India 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 -21,613.37 -21,424.20 -20,500.74 -23,093.34 -31,285.43

State Bank of India 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 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 -6,497.36 -7,059.26 -7,578.57 -8,178.82 -8,509.13

State Bank of India 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 $-31,326 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.


State Bank of India (State Bank of India) Business Description

Traded in Other Exchanges
Address
Madam Cama Road, State Bank Bhavan, 14th Floor, Corporate Centre, Nariman Point, Mumbai, MH, IND, 400 021
State Bank of India is a bank in India. The bank's business segments include Treasury; Corporate/Wholesale Banking; Retail Banking and Other Banking businesses. The bank generates maximum revenue from the Retail Banking segment. The Retail Banking Segment comprises retail branches, which primarily include Personal Banking activities including lending activities to corporate customers having banking relations with these branches. This segment also includes the agency business and ATMs. Geographically, it derives a majority of its revenue from India.

State Bank of India (State Bank of India) Headlines

From GuruFocus

Q3 2024 State Bank of India Earnings Call Transcript

By GuruFocus Research 02-05-2024