GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DFCC Bank PLC (COL:DFCC.N0000) » Definitions » Interest Expense

DFCC Bank (COL:DFCC.N0000) Interest Expense : රු-61,565 Mil (TTM As of Mar. 2024)


View and export this data going back to 1956. Start your Free Trial

What is DFCC Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DFCC Bank's interest expense for the three months ended in Mar. 2024 was රු -13,522 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was රු-61,565 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. DFCC Bank's Operating Income for the three months ended in Mar. 2024 was රු Mil. DFCC Bank's Interest Expense for the three months ended in Mar. 2024 was රු 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.


DFCC Bank Interest Expense Historical Data

The historical data trend for DFCC 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.

* Premium members only.

DFCC Bank Interest Expense Chart

DFCC Bank Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29,363.11 -28,052.26 -23,918.90 -43,268.33 -65,584.02

DFCC Bank 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17,541.07 -17,660.60 -15,773.71 -14,608.65 -13,521.75

DFCC Bank 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 රු-61,565 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.


DFCC Bank (COL:DFCC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
73/5, Galle Road, Colombo, LKA, 03
DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

No Headlines