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TMBThanachart Bank PCL (BKK:TTB-F) Effective Interest Rate on Debt % : 20.77% (As of Sep. 2024)


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What is TMBThanachart Bank PCL 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. TMBThanachart Bank PCL's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ฿26,409 Mil. TMBThanachart Bank PCL's average total debt for the quarter that ended in Sep. 2024 was ฿127,144 Mil. Therefore, TMBThanachart Bank PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 20.77%.


TMBThanachart Bank PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for TMBThanachart Bank PCL'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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TMBThanachart Bank PCL Effective Interest Rate on Debt % Chart

TMBThanachart Bank PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.84 10.47 8.89 10.38 16.67

TMBThanachart Bank PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 15.69 16.90 19.45 20.86 20.77

Competitive Comparison of TMBThanachart Bank PCL's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, TMBThanachart Bank PCL'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.


TMBThanachart Bank PCL's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



TMBThanachart Bank PCL Effective Interest Rate on Debt % Calculation

TMBThanachart Bank PCL'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  *  -21927/( (130429+132676)/ 2 )
=-1  *  -21927/131552.5
=16.67 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=130429 + 0
=130429

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=132676 + 0
=132676

TMBThanachart Bank PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -26408.984/( (120544+133744.787)/ 2 )
=-1  *  -26408.984/127144.3935
=20.77 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=120544 + 0
=120544

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=133744.787 + 0
=133744.787

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


TMBThanachart Bank PCL  (BKK:TTB-F) Effective Interest Rate on Debt % Explanation

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


TMBThanachart Bank PCL Effective Interest Rate on Debt % Related Terms

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TMBThanachart Bank PCL Business Description

Industry
Traded in Other Exchanges
Address
3000 Phahonyothin Road, Khwang Chomphon, Khet Chatuchak, Bangkok, THA, 10900
TMBThanachart Bank PCL is a Thailand-based company that is principally engaged in banking. The company operates in two reportable segments retail and commercial banking. Retail banking provides customers with services such as deposits, loans, and credit cards. Commercial banking provides lending, deposit, and management services to wholesale, small, and midsize businesses. The company's business operations are concentrated in Thailand.

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