Banco Guayaquil (XGUA:GYL) Interest Expense : $-185.0 Mil (TTM As of Mar. 2023)

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What is Banco Guayaquil Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banco Guayaquil's interest expense for the three months ended in Mar. 2023 was $ -56.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was $-185.0 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. Banco Guayaquil's Operating Income for the three months ended in Mar. 2023 was $ Mil. Banco Guayaquil's Interest Expense for the three months ended in Mar. 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.

Banco Guayaquil Interest Expense Historical Data

The historical data trend for Banco Guayaquil'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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Banco Guayaquil Interest Expense Chart

Banco Guayaquil Annual Data

Trend

Dec13

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Dec22

Interest Expense

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-80.76

-109.71

-148.53

-148.12

-164.41

Banco Guayaquil Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Interest Expense	Get a 7-Day Free Trial															-35.76	-38.05	-41.40	-49.19	-56.37

Banco Guayaquil 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-185.0 Mil.

Banco Guayaquil (XGUA:GYL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Guayaquil SA (XGUA:GYL) » Definitions » Interest Expense

Comparable Companies

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N/A

Address

Boulevard 9 de Octubre Agency, Guayaquil, ECU

Website

https://www.bancoguayaquil.com

Banco Guayaquil SA provides corporate banking services, including current accounts, export and import financing, letter of credit, and bank guarantees; and personal banking services comprising savings accounts, debit cards, multicredit, and others.

Banco Guayaquil (XGUA:GYL) Headlines

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