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National Bank of Fujairah PSC (ADX:NBF) Effective Interest Rate on Debt % : 55.81% (As of Dec. 2024)


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What is National Bank of Fujairah PSC 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. National Bank of Fujairah PSC's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was د.إ425 Mil. National Bank of Fujairah PSC's average total debt for the quarter that ended in Dec. 2024 was د.إ762 Mil. Therefore, National Bank of Fujairah PSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 55.81%.


National Bank of Fujairah PSC Effective Interest Rate on Debt % Historical Data

The historical data trend for National Bank of Fujairah PSC'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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National Bank of Fujairah PSC Effective Interest Rate on Debt % Chart

National Bank of Fujairah PSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.96 48.50 82.35 203.19 184.24

National Bank of Fujairah PSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 117.39 262.25 254.84 237.90 55.81

Competitive Comparison of National Bank of Fujairah PSC's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, National Bank of Fujairah PSC'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.


National Bank of Fujairah PSC's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where National Bank of Fujairah PSC's Effective Interest Rate on Debt % falls into.


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National Bank of Fujairah PSC Effective Interest Rate on Debt % Calculation

National Bank of Fujairah PSC's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -1251.947/( (550.95+808.06)/ 2 )
=-1  *  -1251.947/679.505
=184.24 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=550.95 + 0
=550.95

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=808.06 + 0
=808.06

National Bank of Fujairah PSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -425.332/( (716.235+808.06)/ 2 )
=-1  *  -425.332/762.1475
=55.81 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=716.235 + 0
=716.235

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=808.06 + 0
=808.06

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


National Bank of Fujairah PSC  (ADX:NBF) Effective Interest Rate on Debt % Explanation

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


National Bank of Fujairah PSC Effective Interest Rate on Debt % Related Terms

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National Bank of Fujairah PSC Business Description

Traded in Other Exchanges
N/A
Address
Hamad Bin Abdullah Street, P.O. Box 887, Fujairah, ARE
National Bank of Fujairah PSC is a UAE-based commercial bank. It provides commercial banking products and services in the United Arab Emirates. The group conducts its activity through three segments namely, Corporate and Institutional Banking; Retail Banking; and Treasury, Asset and Liability Management and others. Its products and services include current, savings and fixed deposit, and personal, auto, home, and construction loans, as well as guarantees, overdrafts, and term lending solutions. The company's majority of the revenue is generated from the Corporate and Institutional Banking segment in which, it offers products and services including credit and trade finance products, and services to large and medium-sized corporate customers.

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