Credit du Maroc (CAS:CDM) Interest Expense : MAD-442 Mil (TTM As of Mar. 2024)

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What is Credit du Maroc Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Credit du Maroc's interest expense for the three months ended in Mar. 2024 was MAD -170 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MAD-442 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. Credit du Maroc's Operating Income for the three months ended in Mar. 2024 was MAD Mil. Credit du Maroc's Interest Expense for the three months ended in Mar. 2024 was MAD 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.

Credit du Maroc Interest Expense Historical Data

The historical data trend for Credit du Maroc'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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Credit du Maroc Interest Expense Chart

Credit du Maroc Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-508.21

-503.30

-423.53

-288.13

-339.95

Credit du Maroc Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-107.79	-108.03	-120.74	-151.47	-170.13

Credit du Maroc 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 MAD-442 Mil.

Credit du Maroc (CAS:CDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credit du Maroc SA (CAS:CDM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

48-58 Bd. Mohammed V, Casablanca, MAR

Website

http://www.cdm.co.ma

Credit du Maroc SA provides banking services. The company provides commercial banking activities and financial. commercial. property-related activities for its customers in Morocco or overseas.

Credit du Maroc (CAS:CDM) Headlines

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