Ecobank Ghana (XGHA:EGH) Interest Expense : GHS-945 Mil (TTM As of Sep. 2024)

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What is Ecobank Ghana Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecobank Ghana's interest expense for the three months ended in Sep. 2024 was GHS -277 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was GHS-945 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. Ecobank Ghana's Operating Income for the three months ended in Sep. 2024 was GHS Mil. Ecobank Ghana's Interest Expense for the three months ended in Sep. 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.

Ecobank Ghana Interest Expense Historical Data

The historical data trend for Ecobank Ghana'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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Ecobank Ghana Interest Expense Chart

Ecobank Ghana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-207.84

-228.56

-202.49

-419.52

-705.97

Ecobank Ghana 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															-157.81	-258.47	-174.93	-234.03	-277.47

Ecobank Ghana 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 GHS-945 Mil.

Ecobank Ghana Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ecobank Ghana Ltd (XGHA:EGH) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Morocco Lane, Off The Independence Avenue, Ministerial Area, Accra, GHA, 3261

Website

https://www.ecobank.com

Ecobank Ghana Ltd is a commercial banking corporation based in Ghana. Its service offering includes retail, corporate, and investment banking products. The bank functions through three operating segments namely Consumer banking focused on individuals who are grouped into a premier, advantage (personal banking), and classic & youth banking (direct banking); Commercial Banking focused on Business Banking and Medium Local Corporates such as SMEs, Medium Local corporates and Non-government public sector (schools, faith, NGOs & professional bodies); and Corporate banking specializes in serving the public sector, multinational institutions, financial institutions/international organizations and the Regional Corporate segment of the market.

Ecobank Ghana Headlines

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