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ANZ Group Holdings (ANZ Group Holdings) Effective Interest Rate on Debt %

: 25.27% (As of Sep. 2023)
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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. ANZ Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $24,414 Mil. ANZ Group Holdings's average total debt for the quarter that ended in Sep. 2023 was $96,623 Mil. Therefore, ANZ Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 25.27%.


ANZ Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for ANZ Group Holdings'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.

ANZ Group Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.60 7.91 4.21 6.37 23.05

ANZ Group Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Effective Interest Rate on Debt % 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 Premium Member Only Premium Member Only Premium Member Only 3.68 4.24 9.23 20.55 25.27

Competitive Comparison

For the Banks - Diversified subindustry, ANZ Group Holdings'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.


ANZ Group Holdings Effective Interest Rate on Debt % Distribution

For the Banks industry and Financial Services sector, ANZ Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where ANZ Group Holdings's Effective Interest Rate on Debt % falls into.



ANZ Group Holdings Effective Interest Rate on Debt % Calculation

ANZ Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -21414.524/( (89390.26+96449.871)/ 2 )
=-1  *  -21414.524/92920.0655
=23.05 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=89390.26 + 0
=89390.26

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96449.871 + 0
=96449.871

ANZ Group Holdings'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: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -24413.882/( (96796.395+96449.871)/ 2 )
=-1  *  -24413.882/96623.133
=25.27 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96796.395 + 0
=96796.395

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96449.871 + 0
=96449.871

* 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 two times the semi-annual (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


ANZ Group Holdings  (OTCPK:ANZGY) Effective Interest Rate on Debt % Explanation

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


ANZ Group Holdings Effective Interest Rate on Debt % Related Terms

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ANZ Group Holdings (ANZ Group Holdings) Business Description

Address
833 Collins Street, Level 9, ANZ Centre, Docklands, Melbourne, VIC, AUS, 3008
ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.

ANZ Group Holdings (ANZ Group Holdings) Headlines