Lollands Bank A/S (OCSE:LOLB) Interest Expense : kr-21.3 Mil (TTM As of Mar. 2024)

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What is Lollands Bank A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lollands Bank A/S's interest expense for the three months ended in Mar. 2024 was kr -6.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-21.3 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. Lollands Bank A/S's Operating Income for the three months ended in Mar. 2024 was kr Mil. Lollands Bank 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.

Lollands Bank A/S Interest Expense Historical Data

The historical data trend for Lollands Bank 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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Lollands Bank A/S Interest Expense Chart

Lollands Bank A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-5.30

-7.18

-8.17

-8.21

-17.65

Lollands Bank 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															-2.97	-4.16	-4.61	-5.92	-6.58

Lollands Bank 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-21.3 Mil.

Lollands Bank A/S (OCSE:LOLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lollands Bank A/S (OCSE:LOLB) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Nybrogade 3, Nakskov, DNK, 4900

Website

http://www.lollandsbank.dk

Lollands Bank A/S is a regional bank. It is engaged in the provision of banking products and financial services to both private individuals and corporate clients. It also provides mortgage and insurance services to its clients. It has branches in Maribo, Nakskov, Nr. Alslev, Nykobing F., Rodbyhavn and Vordingborg.

Lollands Bank A/S (OCSE:LOLB) Headlines

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