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Banco Nacional de Credito CA (CAR:BNC) Interest Expense : VES-282 Mil (TTM As of Dec. 2022)


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What is Banco Nacional de Credito CA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banco Nacional de Credito CA's interest expense for the six months ended in Dec. 2022 was VES 42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was VES-282 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. Banco Nacional de Credito CA's Operating Income for the six months ended in Dec. 2022 was VES Mil. Banco Nacional de Credito CA's Interest Expense for the six months ended in Dec. 2022 was VES 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.


Banco Nacional de Credito CA Interest Expense Historical Data

The historical data trend for Banco Nacional de Credito CA'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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Banco Nacional de Credito CA Interest Expense Chart

Banco Nacional de Credito CA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.17 -17.09 -355.04 -281.56 -856.48

Banco Nacional de Credito CA Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 -177.61 -177.43 -323.13 41.57 -

Banco Nacional de Credito CA 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was VES-282 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.


Banco Nacional de Credito CA (CAR:BNC) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Vollmer, Torre Sur del Centro Empresarial Caracas, Urbanizacion, San Bernardino, VEN, 1010
Banco Nacional de Credito CA operates as a commercial bank in Venezuela. The group's business objective is to provide financial intermediation which consists of the procurement of funds for the purpose of granting credits and it also invests in securities.

Banco Nacional de Credito CA (CAR:BNC) Headlines

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