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African Export-Import Bank (XMAU:AEIB.N0004) Interest Expense : $-1,039 Mil (TTM As of Dec. 2023)


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What is African Export-Import Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. African Export-Import Bank's interest expense for the six months ended in Dec. 2023 was $ -1,039 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,039 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. African Export-Import Bank's Operating Income for the six months ended in Dec. 2023 was $ Mil. African Export-Import Bank's Interest Expense for the six months ended in Dec. 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.


African Export-Import Bank Interest Expense Historical Data

The historical data trend for African Export-Import 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.

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African Export-Import Bank Interest Expense Chart

African Export-Import Bank Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-358.83 -305.04 -480.23 -1,038.90

African Export-Import Bank Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Interest Expense -358.83 -305.04 -480.23 -1,038.90

African Export-Import Bank Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1,039 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.


African Export-Import Bank Business Description

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Traded in Other Exchanges
N/A
Address
72 (B) El Maahad El Eshteraky Street Roxy, Heliopolis, Cairo, EGY, 11341
African Export-Import Bank is a supranational financial institution that facilitates, promotes and expands intra and extra-African trade. Its functions include extending credit to eligible African exporters by providing pre- and post-shipment finance; extending indirect credit to African exporters and importers of African goods through the intermediary of banks and other African financial institutions; leveraging external financing through syndication; promoting and financing trade between African states and other developing states; acting as intermediary between African exporters and African and non-African importers through the issuance of letters of credit, guarantees and other trade documents in support of export-import transactions; among others.

African Export-Import Bank Headlines

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