GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered PLC (OTCPK:SCBFF) » Definitions » Interest Expense

SCBFF (Standard Chartered) Interest Expense : $-21,672 Mil (TTM As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Standard Chartered Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Standard Chartered's interest expense for the three months ended in Sep. 2024 was $ -5,504 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-21,672 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. Standard Chartered's Operating Income for the three months ended in Sep. 2024 was $ Mil. Standard Chartered'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.


Standard Chartered Interest Expense Historical Data

The historical data trend for Standard Chartered'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.

Standard Chartered Interest Expense Chart

Standard Chartered Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8,882.00 -5,440.00 -3,448.00 -7,659.00 -19,458.00

Standard Chartered Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -5,467.00 -5,149.00 -5,565.00 -5,454.00 -5,504.00

Standard Chartered 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 $-21,672 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.


Standard Chartered Business Description

Address
1 Basinghall Avenue, London, GBR, EC2V 5DD
Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the United Kingdom and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the UK. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.