ForteBank JSC (XKAZ:ASBN) Interest Expense : ₸-181,059 Mil (TTM As of Mar. 2024)

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What is ForteBank JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ForteBank JSC's interest expense for the three months ended in Mar. 2024 was ₸ -59,809 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₸-181,059 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. ForteBank JSC's Operating Income for the three months ended in Mar. 2024 was ₸ Mil. ForteBank JSC'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.

ForteBank JSC Interest Expense Historical Data

The historical data trend for ForteBank JSC'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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ForteBank JSC Interest Expense Chart

ForteBank JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-85,259.00

-90,475.00

-97,109.00

-123,474.00

-155,878.00

ForteBank JSC 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															-40,825.00	-37,020.00	-40,201.00	-44,029.00	-59,809.00

ForteBank JSC 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 ₸-181,059 Mil.

ForteBank JSC (XKAZ:ASBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ForteBank JSC (XKAZ:ASBN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dostyk Street, 8/1, Astana, KAZ, 010017

Website

https://www.forte.bank

ForteBank JSC is a commercial bank based in Kazakhstan. It is a result of the merger of OJSC Semipalatinsk Municipal Joint Stock Bank and OJSC Irtyshbusinessbank. ForteBank's core services involve the provision of banking services to individuals and corporates. Its customers can also avail insurance coverage for deposits, depending upon a number of deposits. The group's primary business is related to commercial banking activities, granting of loans and guarantees, accepting deposits, exchanging foreign currencies, dealing with securities, transferring cash payments, as well as providing other banking services.

ForteBank JSC (XKAZ:ASBN) Headlines

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