Kreditbanken A/S (OCSE:KRE) Interest Expense : kr-27.5 Mil (TTM As of Mar. 2024)

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What is Kreditbanken A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kreditbanken A/S's interest expense for the three months ended in Mar. 2024 was kr -9.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-27.5 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. Kreditbanken A/S's Operating Income for the three months ended in Mar. 2024 was kr Mil. Kreditbanken A/S's Interest Expense for the three months ended in Mar. 2024 was kr 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.

Kreditbanken A/S Interest Expense Historical Data

The historical data trend for Kreditbanken A/S'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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Kreditbanken A/S Interest Expense Chart

Kreditbanken A/S Annual Data

Trend

Dec14

Dec15

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Dec23

Interest Expense

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0.37

6.86

14.00

11.08

-19.74

Kreditbanken A/S 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															-2.10	-3.54	-5.49	-8.60	-9.84

Kreditbanken A/S 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 kr-27.5 Mil.

Kreditbanken A/S (OCSE:KRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kreditbanken A/S (OCSE:KRE) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

H.P. Hanssens Gade 17, Aabenraa, DNK, 6200

Website

http://alm.kreditbanken.dk

Kreditbanken A/S is Denmark based bank engaged in providing financial services and products to corporate and private customers. Its services includes deposits, savings account, credit cards, car loans, mortgages, insurance products, internet banking and investment advice.