Glarner Kantonalbank (XSWX:GLKBN) Interest Expense : CHF-111.10 Mil (TTM As of Jun. 2024)

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What is Glarner Kantonalbank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Glarner Kantonalbank's interest expense for the six months ended in Jun. 2024 was CHF -57.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was CHF-111.10 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. Glarner Kantonalbank's Operating Income for the six months ended in Jun. 2024 was CHF Mil. Glarner Kantonalbank's Interest Expense for the six months ended in Jun. 2024 was CHF 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.

Glarner Kantonalbank Interest Expense Historical Data

The historical data trend for Glarner Kantonalbank'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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Glarner Kantonalbank Interest Expense Chart

Glarner Kantonalbank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-15.63

-10.91

-6.50

-15.57

-96.71

Glarner Kantonalbank 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															-1.37	-14.20	-42.66	-54.05	-57.05

Glarner Kantonalbank 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 CHF-111.10 Mil.

Glarner Kantonalbank Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Glarner Kantonalbank (XSWX:GLKBN) » Definitions » Interest Expense

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GLKBNz:UK 0QV3:UK

Address

Hauptstrasse 21, PO Box 365, Glarus, CHE, 8750

Website

http://www.glkb.ch

Glarner Kantonalbank provides banking and financial services. Its services includes e-banking, private, savings, and investment banking services. It focuses on the mortgage and savings business as well as the asset management and investment business. The Bank provides its services to customers in the Canton of Glarus and in the neighboring economic area.

Glarner Kantonalbank Headlines

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