Banco de Occidente (BOG:OCCIDENTE) Interest Expense : COP-5,495,352 Mil (TTM As of Dec. 2023)

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What is Banco de Occidente Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banco de Occidente's interest expense for the three months ended in Dec. 2023 was COP -1,453,323 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was COP-5,495,352 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 de Occidente's Operating Income for the three months ended in Dec. 2023 was COP Mil. Banco de Occidente's Interest Expense for the three months ended in Dec. 2023 was COP 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 de Occidente Interest Expense Historical Data

The historical data trend for Banco de Occidente'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 de Occidente Interest Expense Chart

Banco de Occidente Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,228,384.00

-1,082,203.00

-769,620.00

-2,491,415.00

-5,495,353.00

Banco de Occidente Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-987,239.00	-1,280,833.00	-1,342,065.00	-1,419,131.00	-1,453,323.00

Banco de Occidente 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 quarterly data reported by the company within the most recent 12 months, which was COP-5,495,352 Mil.

Banco de Occidente (BOG:OCCIDENTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de Occidente SA (BOG:OCCIDENTE) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No 7-61 Carrera 4, Piso 15, Cali, COL

Website

https://www.bancodeoccidente.com.co

Banco de Occidente SA is a Colombia based banking firm. The company offers personal banking services, including current and savings accounts; debit and credit cards; revolving credit, and credit warrant, as well as business banking products and services.

Banco de Occidente (BOG:OCCIDENTE) Headlines

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