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Societe Arabe Internationale de Banque (CAI:SAIB) Effective Interest Rate on Debt % : 299.39% (As of Sep. 2023)


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What is Societe Arabe Internationale de Banque Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Societe Arabe Internationale de Banque's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $273.1 Mil. Societe Arabe Internationale de Banque's average total debt for the quarter that ended in Sep. 2023 was $91.2 Mil. Therefore, Societe Arabe Internationale de Banque's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 299.39%.


Societe Arabe Internationale de Banque Effective Interest Rate on Debt % Historical Data

The historical data trend for Societe Arabe Internationale de Banque's Effective Interest Rate on Debt % 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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Societe Arabe Internationale de Banque Effective Interest Rate on Debt % Chart

Societe Arabe Internationale de Banque Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 403.48 296.80

Societe Arabe Internationale de Banque Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Effective Interest Rate on Debt % 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 304.72 276.67 - 285.68 299.39

Competitive Comparison of Societe Arabe Internationale de Banque's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Societe Arabe Internationale de Banque's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Societe Arabe Internationale de Banque's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Societe Arabe Internationale de Banque's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Societe Arabe Internationale de Banque's Effective Interest Rate on Debt % falls into.



Societe Arabe Internationale de Banque Effective Interest Rate on Debt % Calculation

Societe Arabe Internationale de Banque's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -236.552/( (66.02+93.384)/ 2 )
=-1  *  -236.552/79.702
=296.80 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=93.384 + 0
=93.384

Societe Arabe Internationale de Banque's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -273.124/( (91.239+91.212)/ 2 )
=-1  *  -273.124/91.2255
=299.39 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=91.239 + 0
=91.239

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=91.212 + 0
=91.212

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Societe Arabe Internationale de Banque  (CAI:SAIB) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Societe Arabe Internationale de Banque Effective Interest Rate on Debt % Related Terms

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Societe Arabe Internationale de Banque (CAI:SAIB) Business Description

Traded in Other Exchanges
N/A
Address
56 Gamaet El-Dowal El-Arabia Steet, PO Box 54, Mohandseen, Giza, Cairo, EGY
Societe Arabe Internationale de Banque is an Egypt-based bank. It provides corporate and retail banking services and investment services in Egypt. The company has various segments which include Large, medium, and small size enterprises, Investing, Retail, and other activities and It generates the majority of revenue from the Large enterprise segment.

Societe Arabe Internationale de Banque (CAI:SAIB) Headlines

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