SBI Cards and Payment Services (BOM:543066) Interest Expense : ₹-25,952 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is SBI Cards and Payment Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SBI Cards and Payment Services's interest expense for the three months ended in Mar. 2024 was ₹ -7,238 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-25,952 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. SBI Cards and Payment Services's Operating Income for the three months ended in Mar. 2024 was ₹ Mil. SBI Cards and Payment Services'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.

SBI Cards and Payment Services Interest Expense Historical Data

The historical data trend for SBI Cards and Payment Services'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.

* Premium members only.

SBI Cards and Payment Services Interest Expense Chart

SBI Cards and Payment Services Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-12,378.90

-9,774.80

-10,263.30

-16,476.30

-25,952.20

SBI Cards and Payment Services Quarterly Data
	Jun19	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															-5,072.60	-5,710.70	-6,048.60	-6,954.90	-7,238.20

SBI Cards and Payment Services 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 ₹-25,952 Mil.

SBI Cards and Payment Services (BOM:543066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SBI Cards and Payment Services Ltd (BOM:543066) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SBICARD:India

Address

DLF Cyber City, Block 2 Building 3, DLF Phase 2, 2nd Floor, Tower-B, Infinity Towers, Gurugram, HR, IND, 122 002

Website

https://www.sbicard.com

SBI Cards and Payment Services Ltd is a credit card issuer in India. The company offers a credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel and fuel, shopping, banking partnership cards, and corporate cards covering all cardholder segments in terms of income profiles and lifestyles. It offers four primary SBI Card-branded credit cards SimplySave, SimplyClick, Prime, and Elite, each catering to a varying set of cardholder needs. The Company earns revenue from selling credit card memberships to card holders, income earned from the provision of membership services.

SBI Cards and Payment Services (BOM:543066) Headlines

No Headlines