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PT Bank Pembangunan Daerah Jawa Timur Tbk (ISX:BJTM) Effective Interest Rate on Debt %

: 383.39% (As of Dec. 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. PT Bank Pembangunan Daerah Jawa Timur Tbk's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was Rp2,447,976 Mil. PT Bank Pembangunan Daerah Jawa Timur Tbk's average total debt for the quarter that ended in Dec. 2023 was Rp638,505 Mil. Therefore, PT Bank Pembangunan Daerah Jawa Timur Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 383.39%.


PT Bank Pembangunan Daerah Jawa Timur Tbk Effective Interest Rate on Debt % Historical Data

The historical data trend for PT Bank Pembangunan Daerah Jawa Timur Tbk'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.

PT Bank Pembangunan Daerah Jawa Timur Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.37 143.15 269.72 286.55 356.96

PT Bank Pembangunan Daerah Jawa Timur Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 343.28 347.06 318.26 382.43 383.39

Competitive Comparison

For the Banks - Regional subindustry, PT Bank Pembangunan Daerah Jawa Timur Tbk'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.


PT Bank Pembangunan Daerah Jawa Timur Tbk Effective Interest Rate on Debt % Distribution

For the Banks industry and Financial Services sector, PT Bank Pembangunan Daerah Jawa Timur Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where PT Bank Pembangunan Daerah Jawa Timur Tbk's Effective Interest Rate on Debt % falls into.



PT Bank Pembangunan Daerah Jawa Timur Tbk Effective Interest Rate on Debt % Calculation

PT Bank Pembangunan Daerah Jawa Timur Tbk'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  *  -2315421/( (662469+634818)/ 2 )
=-1  *  -2315421/648643.5
=356.96 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=662469 + 0
=662469

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=634818 + 0
=634818

PT Bank Pembangunan Daerah Jawa Timur Tbk'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  *  -2447976/( (642191+634818)/ 2 )
=-1  *  -2447976/638504.5
=383.39 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=642191 + 0
=642191

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=634818 + 0
=634818

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


PT Bank Pembangunan Daerah Jawa Timur Tbk  (ISX:BJTM) Effective Interest Rate on Debt % Explanation

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


PT Bank Pembangunan Daerah Jawa Timur Tbk Effective Interest Rate on Debt % Related Terms

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PT Bank Pembangunan Daerah Jawa Timur Tbk (ISX:BJTM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Basuki Rachmat No. 98 - 104, Surabaya, IDN, 60271
PT Bank Pembangunan Daerah Jawa Timur Tbk is an Indonesian bank. The bank generates all of its revenue domestically. The bank operates under two segments: conventional and Sharia. The conventional segment includes deposits in local and foreign currency, savings accounts, checking accounts, capital loans, property construction loans, working-capital finance, mortgages, small and midsize enterprise loans, personal loans, mobile banking, debit cards, and safety deposit boxes. The Sharia segment provides banking services in accordance with Islamic traditions. The bank generates majority of its revenue from conventional services.

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