BCE (BCE) Effective Interest Rate on Debt %

: 4.53% (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

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. BCE's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1,190 Mil. BCE's average total debt for the quarter that ended in Dec. 2023 was $26,233 Mil. Therefore, BCE's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.53%.

BCE Effective Interest Rate on Debt % Historical Data

The historical data trend for BCE'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.

BCE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

4.73

4.45

3.94

3.66

4.43

BCE 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 %																4.04	4.23	4.28	4.28	4.53

Competitive Comparison

For the Telecom Services subindustry, BCE'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.

BCE Effective Interest Rate on Debt % Distribution

For the Telecommunication Services industry and Communication Services sector, BCE's Effective Interest Rate on Debt % distribution charts can be found below:

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

BCE Effective Interest Rate on Debt % Calculation

BCE'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 * -1099.434	/	( (22871.55	+	26818.724)	/ 2 )
=	-1 * -1099.434	/	24845.137
=	4.43 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20451.233	+	2420.317
=	22871.55

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23207.364	+	3611.36
=	26818.724

BCE'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 * -1189.624	/	( (25647.033	+	26818.724)	/ 2 )
=	-1 * -1189.624	/	26232.8785
=	4.53 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21825.438	+	3821.595
=	25647.033

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23207.364	+	3611.36
=	26818.724

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.

BCE (NYSE:BCE) Effective Interest Rate on Debt % Explanation

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

BCE Effective Interest Rate on Debt % Related Terms

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

BCE (BCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BCE Inc (NYSE:BCE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BCEPF.PFD:USA BECEF.PFD:USA BCEXF.PFD:USA BCEFF.PFD:USA BCE1:Germany BCE1:Germany BCE.PR.L.PFD:Canada BCE.PR.Z.PFD:Canada BCE.PR.Y.PFD:Canada BCE.PR.T.PFD:Canada BCE.PR.S.PFD:Canada BCE.PR.R.PFD:Canada BCE.PR.Q.PFD:Canada BCE.PR.N.PFD:Canada BCE.PR.M.PFD:Canada BCE.PR.K.PFD:Canada BCE.PR.J.PFD:Canada BCE.PR.I.PFD:Canada BCE.PR.H.PFD:Canada BCE.PR.G.PFD:Canada BCE.PR.F.PFD:Canada BCE.PR.E.PFD:Canada BCE.PR.D.PFD:Canada BCE.PR.C.PFD:Canada BCE.PR.B.PFD:Canada BCE.PR.A.PFD:Canada BCE:Canada

Address

1 Carrefour Alexander Graham Bell, Tour A-7, Verdun, QC, CAN, H3E 3B3

Website

https://www.bce.ca

BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrier—the legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz. In 2022, the wireline segment made up 52% of total EBITDA, while wireless was 31% and media provided the remainder.