PT Bank Amar Indonesia Tbk (ISX:AMAR) Effective Interest Rate on Debt % : 578.02% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is PT Bank Amar Indonesia Tbk 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. PT Bank Amar Indonesia Tbk's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was Rp58,932 Mil. PT Bank Amar Indonesia Tbk's average total debt for the quarter that ended in Mar. 2024 was Rp10,196 Mil. Therefore, PT Bank Amar Indonesia Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 578.02%.

PT Bank Amar Indonesia Tbk Effective Interest Rate on Debt % Historical Data

The historical data trend for PT Bank Amar Indonesia Tbk'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.

* Premium members only.

PT Bank Amar Indonesia Tbk Effective Interest Rate on Debt % Chart

PT Bank Amar Indonesia Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

132.80

4,237.06

2,547.00

1,493.68

745.15

PT Bank Amar Indonesia Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1,061.45	857.58	523.32	490.18	578.02

Competitive Comparison of PT Bank Amar Indonesia Tbk's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, PT Bank Amar Indonesia Tbk'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.

PT Bank Amar Indonesia Tbk's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Amar Indonesia Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where PT Bank Amar Indonesia Tbk's Effective Interest Rate on Debt % falls into.

PT Bank Amar Indonesia Tbk Effective Interest Rate on Debt % Calculation

PT Bank Amar Indonesia Tbk's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -63550	/	( (7050	+	10007)	/ 2 )
=	-1 * -63550	/	8528.5
=	745.15 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7050	+	0
=	7050

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10007	+	0
=	10007

PT Bank Amar Indonesia Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -58932	/	( (10007	+	10384)	/ 2 )
=	-1 * -58932	/	10195.5
=	578.02 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10007	+	0
=	10007

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10384	+	0
=	10384

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

PT Bank Amar Indonesia Tbk (ISX:AMAR) Effective Interest Rate on Debt % Explanation

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

PT Bank Amar Indonesia Tbk Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of PT Bank Amar Indonesia Tbk's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Bank Amar Indonesia Tbk (ISX:AMAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PT Bank Amar Indonesia Tbk (ISX:AMAR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Basuki Rahmad No. 109, Surabaya, IDN, 60271

Website

https://amarbank.co.id

PT Bank Amar Indonesia Tbk is engaged in providing banking activities. The company's operating segment includes Online; Brick and mortar and Head office. It generates maximum revenue from the Online segment. The Online segment comprises activities related to digital products and services. Its Brick and mortar segment comprises of activities related to conventional banking products and services The Head Office segment comprises treasury and other activities . Some of its product includes Aster Savings, Amar Dana Savings, Amar Cemerlang Savings, Amar Term Savings, Employee Savings, Term Deposit, On-Call Deposit, and Amar Current Account.

PT Bank Amar Indonesia Tbk (ISX:AMAR) Headlines

No Headlines