Alpine Banks of Colorado (Alpine Banks of Colorado) Interest Expense : $-97.9 Mil (TTM As of Mar. 2024)

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What is Alpine Banks of Colorado Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alpine Banks of Colorado's interest expense for the three months ended in Mar. 2024 was $ -27.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-97.9 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. Alpine Banks of Colorado's Operating Income for the three months ended in Mar. 2024 was $ Mil. Alpine Banks of Colorado'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.

Alpine Banks of Colorado Interest Expense Historical Data

The historical data trend for Alpine Banks of Colorado'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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Alpine Banks of Colorado Interest Expense Chart

Alpine Banks of Colorado Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-8.47

-7.00

-6.64

-9.73

-80.06

Alpine Banks of Colorado Quarterly Data
	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														-9.96	-19.07	-24.66	-26.37	-27.84

Alpine Banks of Colorado 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 $-97.9 Mil.

Alpine Banks of Colorado (Alpine Banks of Colorado) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alpine Banks of Colorado (OTCPK:ALPIB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2200 Grand Avenue, PO Box 10000, Glenwood Springs, CO, USA, 81601

Website

https://www.alpinebank.com

Alpine Banks of Colorado is engaged in providing personal, business, wealth management, mortgage, and electronic banking services. The company offers Personal Checking, Personal Loans. Digital Banking, credit cards, debit cards, merchant services Business Checking, Business Loans, and Other services.