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Security Bank (PHS:SECB) Interest Expense : ₱-13,863 Mil (TTM As of Mar. 2024)


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What is Security Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Security Bank's interest expense for the three months ended in Mar. 2024 was ₱ -3,191 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-13,863 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. Security Bank's Operating Income for the three months ended in Mar. 2024 was ₱ Mil. Security Bank'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.


Security Bank Interest Expense Historical Data

The historical data trend for Security Bank'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.

Security Bank Interest Expense Chart

Security Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17,359.90 -9,703.05 -5,447.27 -7,508.77 -14,361.44

Security Bank 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3,689.42 -3,698.07 -3,646.59 -3,327.36 -3,191.05

Security Bank 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 ₱-13,863 Mil.

* 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.


Security Bank (PHS:SECB) Business Description

Traded in Other Exchanges
Address
6776 Ayala Avenue, Security Bank Centre, Makati, PHL, 0719
Security Bank Corp is a company that is principally engaged in banking. It operates in four segments; Financial Markets Segment focuses on providing the money market, foreign exchange, financial derivatives, securities distribution, asset management, trust, and fiduciary services, Wholesale Banking Segment addresses the corporate, institutional, and public sector markets and commercial clients. Services include relationship management, lending and other credit facilities, trade, cash management, deposit-taking, and leasing services, Retail Banking Segment addresses individual, retail, and small businesses. It covers deposit-taking and servicing, consumer loans, credit card facilities, and bancassurance, and All Other Segments include other support services.

Security Bank (PHS:SECB) Headlines

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