Bancontander (Brasil) (Bancontander (Brasil)) Effective Interest Rate on Debt % : 56.24% (As of Dec. 2023)

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What is Bancontander (Brasil) 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. Bancontander (Brasil)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $16,608 Mil. Bancontander (Brasil)'s average total debt for the quarter that ended in Dec. 2023 was $29,530 Mil. Therefore, Bancontander (Brasil)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 56.24%.

Bancontander (Brasil) Effective Interest Rate on Debt % Historical Data

The historical data trend for Bancontander (Brasil)'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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Bancontander (Brasil) Effective Interest Rate on Debt % Chart

Bancontander (Brasil) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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31.08

20.94

30.37

62.08

62.06

Bancontander (Brasil) Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															64.13	62.19	63.87	55.43	56.24

Competitive Comparison of Bancontander (Brasil)'s Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Bancontander (Brasil)'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.

Bancontander (Brasil)'s Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Bancontander (Brasil)'s Effective Interest Rate on Debt % falls into.

Bancontander (Brasil) Effective Interest Rate on Debt % Calculation

Bancontander (Brasil)'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 * -16612.652	/	( (24146.584	+	29393.932)	/ 2 )
=	-1 * -16612.652	/	26770.258
=	62.06 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24146.584	+	0
=	24146.584

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29393.932	+	0
=	29393.932

Bancontander (Brasil)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -16608.048	/	( (29666.659	+	29393.932)	/ 2 )
=	-1 * -16608.048	/	29530.2955
=	56.24 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29666.659	+	0
=	29666.659

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29393.932	+	0
=	29393.932

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bancontander (Brasil) (NYSE:BSBR) Effective Interest Rate on Debt % Explanation

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

Bancontander (Brasil) Effective Interest Rate on Debt % Related Terms

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Bancontander (Brasil) (Bancontander (Brasil)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander (Brasil) SA (NYSE:BSBR) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

SANB11:Brazil SANB4:Brazil SANB3:Brazil BSBR:Argentina

Address

Avenida Presidente Juscelino Kubitschek, 2041, Suite 281, Block A, Condominio WTORRE JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011

Website

http://www.santander.com.br

Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank present also in Brazil, Mexico, Argentina, and Chile. The bank's operations are divided into two major divisions: Commercial Banking provides services and products to individuals and companies. The revenue from this segment is derived from the banking and financial products and services available to the account and non-account holders. global Wholesale Banking offers a wide range of national and international tailored financial services and structured solutions for global corporate customers, comprised mostly of local and multinational corporations. The bank has operations in Brazil and internationally.