Bank of Siauliai AB (OVSE:SAB1L) Interest Expense : €-77.2 Mil (TTM As of Mar. 2024)

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What is Bank of Siauliai AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bank of Siauliai AB's interest expense for the three months ended in Mar. 2024 was € -25.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-77.2 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. Bank of Siauliai AB's Operating Income for the three months ended in Mar. 2024 was € Mil. Bank of Siauliai AB'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.

Bank of Siauliai AB Interest Expense Historical Data

The historical data trend for Bank of Siauliai AB'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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Bank of Siauliai AB Interest Expense Chart

Bank of Siauliai AB Annual Data

Trend

Dec14

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Dec22

Dec23

Interest Expense

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-8.21

-10.32

-10.98

-12.91

-60.12

Bank of Siauliai AB 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															-8.77	-12.34	-17.05	-21.96	-25.90

Bank of Siauliai AB 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 €-77.2 Mil.

Bank of Siauliai AB (OVSE:SAB1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Siauliai AB (OVSE:SAB1L) » Definitions » Interest Expense

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Traded in Other Exchanges

ZH5:Germany

Address

Tilzes Street 149, Siauliai, LTU, LT-76348

Website

https://www.sb.lt

Bank of Siauliai AB provides lending to small and medium-sized business. The company accepts deposits, issues loans, makes money transfers and documentary settlements, exchanges currencies for its clients, issues and processes debit and credit cards. It is also engaged in trade finance and is investing and trading in securities. The bank has four business segments: Traditional banking operations and lending; Treasury; Non-core banking activities; and Other activities. It earns the majority of its income from the traditional banking operations and lending segment.

Bank of Siauliai AB (OVSE:SAB1L) Headlines

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