Peoples (Peoples) Interest Expense : $ Mil (TTM As of Dec. 2022)

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What is Peoples Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Peoples's interest expense for the six months ended in Dec. 2022 was $ -1.34 Mil. Peoples does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. Peoples's Operating Income for the six months ended in Dec. 2022 was $ Mil. Peoples's Interest Expense for the six months ended in Dec. 2022 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.

Peoples Interest Expense Historical Data

The historical data trend for Peoples'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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Peoples Interest Expense Chart

Peoples Annual Data

Trend

Dec21

Dec22

Interest Expense

-1.05

-1.34

Peoples Semi-Annual Data
	Dec21	Dec22
Interest Expense	-1.05	-1.34

Peoples Interest Expense Calculation

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

Peoples (Peoples) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Peoples Ltd (OTCPK:PPLL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Church Street, P.O. Box 217, Wyalusing, PA, USA, 18853

Website

https://www.psbanking.com

Peoples Ltd is engaged in providing banking services. It provides a full range of basic financial services to individuals, small businesses, and corporate customers, from various sectors, such as manufacturing, retail, and agriculture.