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ICICI Bank Effective Interest Rate on Debt %

: 37.17% (As of Sep. 2021)
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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. ICICI Bank's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was $5,482 Mil. ICICI Bank's average total debt for the quarter that ended in Sep. 2021 was $14,750 Mil. Therefore, ICICI Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 37.17%.


ICICI Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for ICICI Bank'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.

ICICI Bank Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.80 17.17 18.12 21.43 25.46

ICICI Bank Quarterly Data
Jun16 Sep16 Dec16 Mar17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 21.59 24.15 27.15 34.89 37.17

Competitive Comparison

For the Banks - Regional subindustry, ICICI Bank'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.

   

ICICI Bank Effective Interest Rate on Debt % Distribution

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

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



ICICI Bank Effective Interest Rate on Debt % Calculation

ICICI Bank's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2020 )+Total Debt  (A: Mar. 2021 ))/ count )
=-1  *  -5858.187905454/( (26760.51714193+19264.112203308)/ 2 )
=-1  *  -5858.187905454/23012.314672619
=25.46 %

where

Total Debt  (A: Mar. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26326.27194218 + 434.24519974996
=26760.51714193

Total Debt  (A: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18684.764156903 + 579.34804640509
=19264.112203308

ICICI Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Sep. 2021 ))/ count )
=-1  *  -5482.4276811384/( (12113.753802077+17385.287299503)/ 2 )
=-1  *  -5482.4276811384/14749.52055079
=37.17 %

where

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12113.753802077 + 0
=12113.753802077

Total Debt  (Q: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17385.287299503 + 0
=17385.287299503

* 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 (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


ICICI Bank  (NYSE:IBN) Effective Interest Rate on Debt % Explanation

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


ICICI Bank Effective Interest Rate on Debt % Related Terms

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ICICI Bank Business Description

ICICI Bank logo
Industry
Financial Services » Banks NAICS : 0 SIC : 0
Address
ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, MH, IND, 400 051
ICICI Bank Ltd provides banking services. The company's operating segment include Retail Banking; Wholesale Banking; Treasury and Other Banking Business. It generates maximum revenue from the Retail Banking segment. Retail Banking segment includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs. Treasury segment includes the entire investment and derivative portfolio of the Bank. Wholesale Banking segment includes all advances to trusts, partnership firms, companies, and statutory bodies.

ICICI Bank Headlines

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