NMBZ Holding (XZIM:NMB.ZW) Interest Expense : ZWL-29,724 Mil (TTM As of Dec. 2023)

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What is NMBZ Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NMBZ Holding's interest expense for the six months ended in Dec. 2023 was ZWL -18,930 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ZWL-29,724 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. NMBZ Holding's Operating Income for the six months ended in Dec. 2023 was ZWL Mil. NMBZ Holding's Interest Expense for the six months ended in Dec. 2023 was ZWL 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.

NMBZ Holding Interest Expense Historical Data

The historical data trend for NMBZ Holding'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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NMBZ Holding Interest Expense Chart

NMBZ Holding Annual Data

Trend

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-231.90

-229.84

-3,058.60

-30,645.35

-29,724.13

NMBZ Holding Semi-Annual Data
	Dec09	Jun11	Dec11	Jun12	Dec12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial											-2,545.83	-7,661.57	-22,983.78	-10,794.38	-18,929.74

NMBZ Holding 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL-29,724 Mil.

NMBZ Holding (XZIM:NMB.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NMBZ Holding Ltd (XZIM:NMB.ZW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

19207 Liberation Legacy Way, PO Box 2564, Borrowdale, Harare, ZWE

Website

https://www.nmbz.co.zw

NMBZ Holding Ltd is an investment holding company. Through its subsidiary, it operates in five segments: Retail Banking, Corporate Banking, Digital Banking, Treasury, International Banking, and others. Its Retail Banking segment includes individual customer's deposits and consumer overdrafts, credit card facilities, and funds transfer facilities. The Digital Banking segment handles the Bank's Digital Banking products, including Card and POS Services. Its Corporate Banking segment includes loans and other credit facilities and deposit and current accounts for corporate and institutional customers. The Treasury segment includes money market investment, securities trading, accepting and discounting of instruments, and foreign currency trading.

NMBZ Holding (XZIM:NMB.ZW) Headlines

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