Standard Chartered (LSE:STAB.PFD) Interest Expense : £-16,479.39 Mil (TTM As of Mar. 2024)

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What is Standard Chartered Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Standard Chartered's interest expense for the three months ended in Mar. 2024 was £ -4,379.66 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was £-16,479.39 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. Standard Chartered's Operating Income for the three months ended in Mar. 2024 was £ Mil. Standard Chartered'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.

Standard Chartered Interest Expense Historical Data

The historical data trend for Standard Chartered'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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Standard Chartered Interest Expense Chart

Standard Chartered Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-6,776.97

-4,047.36

-2,592.90

-6,288.04

-15,371.82

Standard Chartered 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															-3,525.07	-3,614.69	-4,417.34	-4,067.71	-4,379.66

Standard Chartered 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 £-16,479.39 Mil.

Standard Chartered (LSE:STAB.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered PLC (LSE:STAB.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SCBFY:USA SCBFF:USA 02888:Hong Kong STANl:UK STAN:UK STAC.PFD:UK STD:Germany

Address

1 Basinghall Avenue, London, GBR, EC2V 5DD

Website

https://www.sc.com

Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with the holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the U.K. and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the United Kingdom. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.

Standard Chartered (LSE:STAB.PFD) Headlines

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