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Bank Handlowy w Warszawie (WAR:BHW) Effective Interest Rate on Debt % : 1,088.36% (As of Mar. 2024)


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What is Bank Handlowy w Warszawie 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. Bank Handlowy w Warszawie's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was zł1,231 Mil. Bank Handlowy w Warszawie's average total debt for the quarter that ended in Mar. 2024 was zł113 Mil. Therefore, Bank Handlowy w Warszawie's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1,088.36%.


Bank Handlowy w Warszawie Effective Interest Rate on Debt % Historical Data

The historical data trend for Bank Handlowy w Warszawie'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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Bank Handlowy w Warszawie Effective Interest Rate on Debt % Chart

Bank Handlowy w Warszawie Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 349.60 83.23 27.41 478.35 954.30

Bank Handlowy w Warszawie 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 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 879.31 1,123.31 917.26 937.67 1,088.36

Competitive Comparison of Bank Handlowy w Warszawie's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Bank Handlowy w Warszawie'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.


Bank Handlowy w Warszawie's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Handlowy w Warszawie's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bank Handlowy w Warszawie's Effective Interest Rate on Debt % falls into.



Bank Handlowy w Warszawie Effective Interest Rate on Debt % Calculation

Bank Handlowy w Warszawie'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  *  -1120.882/( (121.815+113.096)/ 2 )
=-1  *  -1120.882/117.4555
=954.30 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.815 + 0
=121.815

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=113.096 + 0
=113.096

Bank Handlowy w Warszawie'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  *  -1230.896/( (113.096+0)/ 1 )
=-1  *  -1230.896/113.096
=1,088.36 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=113.096 + 0
=113.096

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


Bank Handlowy w Warszawie  (WAR:BHW) Effective Interest Rate on Debt % Explanation

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


Bank Handlowy w Warszawie Effective Interest Rate on Debt % Related Terms

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Bank Handlowy w Warszawie (WAR:BHW) Business Description

Traded in Other Exchanges
Address
Senatorska 16 Street, Warsaw, POL, 00-923
Bank Handlowy w Warszawie SA is the parent company of the Bank Handlowy w Warszawie S.A. Group that operates in Poland. The parent company's principal shareholder is the U.S.-based Citibank Overseas Investment Corporation, which owns the vast majority of its outstanding shares. The subsidiary group's operations include traditional retail, commercial, and investment banking, as well as leasing activities. The group's earning assets are mostly split between loans and advances from customers and debt securities available-for-sale. A majority of the bank's loan portfolio consists of loans made to institutional clients. Its loan book is well diversified with notable exposure to the wholesale trade industry and the utility sector.

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