CAL Bank (XGHA:CAL) Interest Expense : GHS-524.8 Mil (TTM As of Jun. 2024)

View and export this data going back to 2004. Start your Free Trial

What is CAL Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CAL Bank's interest expense for the six months ended in Jun. 2024 was GHS -261.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was GHS-524.8 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. CAL Bank's Operating Income for the six months ended in Jun. 2024 was GHS Mil. CAL Bank's Interest Expense for the six months ended in Jun. 2024 was GHS 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.

CAL Bank Interest Expense Historical Data

The historical data trend for CAL Bank'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.

CAL Bank Interest Expense Chart

CAL Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-398.89

-408.78

-515.15

-693.27

-562.23

CAL Bank Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-280.31	-412.95	-298.55	-263.68	-261.11

CAL Bank 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was GHS-524.8 Mil.

CAL Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CAL Bank Ltd (XGHA:CAL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Independence Avenue, P.O. Box 14596, Accra, GHA

Website

https://www.calbank.net

CAL Bank Ltd is engaged in providing banking solutions. Its reportable segments are Corporate Banking, Retail & Business Banking, Treasury, Brokerage, & Asset Management. Corporate Banking is responsible for providing loans & other credit facilities, deposits & other transactions & balances to corporate clients, institutional clients, & public sector entities. The Treasury segment undertakes the Bank's funding & centralized risk management activities through borrowings & investing in liquid assets. The Retail & Business Banking segment provides loans & overdrafts, & handles the deposits & other transactions of SMEs, & individual customers such as funds transfer, standing orders, and ATM Card services. The majority is from Retail & business banking. The key revenue is from Greater Accra.