Bankinter (Bankinter) Effective Interest Rate on Debt % : 22.93% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Bankinter 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. Bankinter's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $2,185 Mil. Bankinter's average total debt for the quarter that ended in Mar. 2024 was $9,528 Mil. Therefore, Bankinter's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 22.93%.

Bankinter Effective Interest Rate on Debt % Historical Data

The historical data trend for Bankinter'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.

Bankinter Effective Interest Rate on Debt % Chart

Bankinter Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.58

1.91

2.15

2.88

17.19

Bankinter 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															10.61	18.26	21.55	22.68	22.93

Competitive Comparison of Bankinter's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Bankinter'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.

Bankinter's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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

Bankinter Effective Interest Rate on Debt % Calculation

Bankinter'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 * -1596.757	/	( (8250.978	+	10323.547)	/ 2 )
=	-1 * -1596.757	/	9287.2625
=	17.19 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8250.978	+	0
=	8250.978

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10323.547	+	0
=	10323.547

Bankinter'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 * -2185.044	/	( (10323.547	+	8732.127)	/ 2 )
=	-1 * -2185.044	/	9527.837
=	22.93 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10323.547	+	0
=	10323.547

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8732.127	+	0
=	8732.127

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.

Bankinter (OTCPK:BKIMF) Effective Interest Rate on Debt % Explanation

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

Bankinter Effective Interest Rate on Debt % Related Terms

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

Bankinter (Bankinter) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bankinter SA (OTCPK:BKIMF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BKNIY:USA BKT:Mexico BKTe:UK 0H7O:UK BKT:Spain BAK:Germany BAKA:Germany BAKA:Germany

Address

Paseo de la Castellana 29, Madrid, ESP, 28046

Website

https://www.bankinter.com

Bankinter SA is a bank operating primarily in Spain. Its services include financial planning, asset management, retail banking, corporate banking, treasury, and international banking. Customer loans constitute the overwhelming majority of earning assets on the balance sheet. The bank's strategy emphasizes innovation, as well as both organic and acquisitive growth, including international expansion beginning with Portugal. Bankinter's stated purpose for this expansion is to diversify its revenue base away from traditional spread lending and toward fee and commission income from private banking and asset management. To this end, the company has also placed an increasingly greater emphasis on corporate banking and higher-margin consumer finance.

Bankinter (Bankinter) Headlines

From GuruFocus

Bankinter SA (BKIMF): A Comprehensive Analysis of Its Dividend Performance

By GuruFocus Research • 09-25-2023

Bankinter SA's Dividend Analysis

By GuruFocus Research • 12-26-2023