BFF Bank SpA (STU:2BF) Effective Interest Rate on Debt % : 4,987,152.94% (As of Dec. 2023)

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What is BFF Bank SpA 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. BFF Bank SpA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €423.9 Mil. BFF Bank SpA's average total debt for the quarter that ended in Dec. 2023 was €0.0 Mil. Therefore, BFF Bank SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4,987,152.94%.

BFF Bank SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for BFF Bank SpA'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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BFF Bank SpA Effective Interest Rate on Debt % Chart

BFF Bank SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.06

2.71

5.69

29.88

284.41

BFF Bank SpA 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 %	Get a 7-Day Free Trial															134.81	178.24	247.61	327.51	4,987,152.94

Competitive Comparison of BFF Bank SpA's Effective Interest Rate on Debt %

For the Credit Services subindustry, BFF Bank SpA'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.

BFF Bank SpA's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

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

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

BFF Bank SpA Effective Interest Rate on Debt % Calculation

BFF Bank SpA'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 * -345.256	/	( (242.773	+	0.014)	/ 2 )
=	-1 * -345.256	/	121.3935
=	284.41 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	242.773	+	0
=	242.773

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.014	+	0
=	0.014

BFF Bank SpA'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 * -423.908	/	( (0.003	+	0.014)	/ 2 )
=	-1 * -423.908	/	0.0085
=	4,987,152.94 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.003	+	0
=	0.003

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.014	+	0
=	0.014

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.

BFF Bank SpA (STU:2BF) Effective Interest Rate on Debt % Explanation

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

BFF Bank SpA Effective Interest Rate on Debt % Related Terms

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BFF Bank SpA (STU:2BF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » BFF Bank SpA (STU:2BF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BFF:Italy BFFm:UK 0RON:UK 2BF:Germany

Address

Via Domenichino 5, Milan, ITA, 20149

Website

http://www.bff.com

BFF Bank SpA is an independent specialty finance company engaged in three business units; Factoring & Lending BU, which offers products such as non-recourse factoring, lending, and credit management mainly to public sector suppliers and public administration bodies, Securities Services BU, which deals with custodian banking for investment funds and related services such as fund accounting, and transfer agents for national managers and banks and for various investment funds such as pension funds, mutual funds and alternative funds, and Payments BU, which deals with payment processing, corporate payments, and cheques and bills and has as customers medium-small Italian banks, medium-large companies and boasts a partnership with Nexi.

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