Cairo Amman Bank (AMM:CABK) Effective Interest Rate on Debt % : 541.80% (As of Dec. 2024)

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What is Cairo Amman Bank 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. Cairo Amman Bank's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was JOD102.7 Mil. Cairo Amman Bank's average total debt for the quarter that ended in Dec. 2024 was JOD18.9 Mil. Therefore, Cairo Amman Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 541.80%.

Cairo Amman Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Cairo Amman 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.

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Cairo Amman Bank Effective Interest Rate on Debt % Chart

Cairo Amman Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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57.81

226.30

287.47

445.08

574.95

Cairo Amman Bank 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															476.87	539.36	538.87	540.10	541.80

Competitive Comparison of Cairo Amman Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Cairo Amman 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.

Cairo Amman Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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

Cairo Amman Bank Effective Interest Rate on Debt % Calculation

Cairo Amman Bank'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 * -111.741	/	( (20.927	+	17.943)	/ 2 )
=	-1 * -111.741	/	19.435
=	574.95 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.927	+	0
=	20.927

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.943	+	0
=	17.943

Cairo Amman Bank'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 * -102.668	/	( (19.956	+	17.943)	/ 2 )
=	-1 * -102.668	/	18.9495
=	541.80 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.956	+	0
=	19.956

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.943	+	0
=	17.943

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.

Cairo Amman Bank (AMM:CABK) Effective Interest Rate on Debt % Explanation

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

Cairo Amman Bank Effective Interest Rate on Debt % Related Terms

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Cairo Amman Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cairo Amman Bank (AMM:CABK) » Definitions » Effective Interest Rate on Debt %

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Address

Wadi Saqra, Arar Street, P.O. Box 950661, Amman, JOR, 11195

Website

https://www.cab.jo

Cairo Amman Bank is a banking services provider in Jordan, which focuses on providing a full range of commercial banking products. Its services are segmented into four divisions; Retail Banking, Corporate Banking, Treasury, and Others. The Retail Banking division secures majority of the company's revenue by providing individual customers' deposits, and consumer loans, overdrafts, credit card facilities, and funds transfer facilities. Within the Corporate banking division's scope, it principally handles loans and other credit facilities and deposit and current accounts for corporate and institutional customers. Treasury banking provides money market, trading and treasury services, as well as the management of the Bank's funding operations.

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