Al Rajhi Bank (SAU:1120) Interest Expense : ﷼0 Mil (TTM As of Mar. 2024)

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What is Al Rajhi Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Al Rajhi Bank's interest expense for the three months ended in Mar. 2024 was ﷼ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼0 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. Al Rajhi Bank's Operating Income for the three months ended in Mar. 2024 was ﷼ Mil. Al Rajhi Bank'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.

Al Rajhi Bank Interest Expense Historical Data

The historical data trend for Al Rajhi 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.

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Al Rajhi Bank Interest Expense Chart

Al Rajhi Bank Annual Data

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Interest Expense

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Al Rajhi Bank Quarterly Data
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Al Rajhi 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 ﷼0 Mil.

Al Rajhi Bank (SAU:1120) Business Description

Industry

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Traded in Other Exchanges

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Address

8467 King Fahd Road, Unit No. 1, Al Muruj District, Riyadh, SAU, 12263 - 2743

Website

https://www.alrajhibank.com.sa

Al Rajhi Bank is an Islamic bank with a network of over 500 branches. Its segments include the Retail segment which includes accepting individual customer deposits, providing credit facilities, customer debit current accounts, fees from banking services, and remittance business; Corporate segment that incorporates deposits of VIP, corporate customer deposits, credit facilities, and debit current accounts, Treasury segment through which it offers treasury services, Murabaha with SAMA and international Mutajara portfolio; and Investment services and brokerage that incorporates investments of individuals and corporate in mutual funds, local and international share trading services and investment portfolios.

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