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Grupo Financiero InbursaB de CV (Grupo Financiero InbursaB de CV) Effective Interest Rate on Debt %

: 77.67% (As of Mar. 2024)
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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. Grupo Financiero InbursaB de CV's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $3,429 Mil. Grupo Financiero InbursaB de CV's average total debt for the quarter that ended in Mar. 2024 was $4,414 Mil. Therefore, Grupo Financiero InbursaB de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 77.67%.


Grupo Financiero InbursaB de CV Effective Interest Rate on Debt % Historical Data

The historical data trend for Grupo Financiero InbursaB de CV'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.

Grupo Financiero InbursaB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.15 22.02 19.30 16.52 46.09

Grupo Financiero InbursaB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 37.81 67.16 70.31 78.01 77.67

Competitive Comparison

For the Banks - Regional subindustry, Grupo Financiero InbursaB de CV'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.


Grupo Financiero InbursaB de CV Effective Interest Rate on Debt % Distribution

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

* The bar in red indicates where Grupo Financiero InbursaB de CV's Effective Interest Rate on Debt % falls into.



Grupo Financiero InbursaB de CV Effective Interest Rate on Debt % Calculation

Grupo Financiero InbursaB de CV's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -1748.82/( (3749.147+3838.993)/ 2 )
=-1  *  -1748.82/3794.07
=46.09 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3749.147 + 0
=3749.147

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3838.993 + 0
=3838.993

Grupo Financiero InbursaB de CV'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: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -3428.88/( (3929.675+4899.265)/ 2 )
=-1  *  -3428.88/4414.47
=77.67 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3929.675 + 0
=3929.675

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4899.265 + 0
=4899.265

* 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.


Grupo Financiero InbursaB de CV  (OTCPK:GPFOY) Effective Interest Rate on Debt % Explanation

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


Grupo Financiero InbursaB de CV Effective Interest Rate on Debt % Related Terms

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Grupo Financiero InbursaB de CV (Grupo Financiero InbursaB de CV) Business Description

Traded in Other Exchanges
Address
Av. Paseo de las Palmas 736, Lomas de Chapultepec, Mexico DF, MEX, 11000
Grupo Financiero Inbursa SAB de CV is a Mexican financial services company. The company offers retail and commercial banking services. Banco do Brasil serves retail clients (small and midsize enterprises and individuals) and wholesale clients (corporations). The retail segment provides auto loans, mortgage loans, and personal credit cards.

Grupo Financiero InbursaB de CV (Grupo Financiero InbursaB de CV) Headlines

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