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BNZIF Effective Interest Rate on Debt % : 264.40% (As of Dec. 2023)


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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $801.4 Mil. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's average total debt for the quarter that ended in Dec. 2023 was $303.1 Mil. Therefore, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 264.40%.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt % Historical Data

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt % Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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 176.39 160.78 133.82 199.44 264.40

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Semi-Annual Data
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 176.39 160.78 133.82 199.44 264.40

Competitive Comparison of Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Effective Interest Rate on Debt % falls into.



Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt % Calculation

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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  *  -801.39/( (297.856+308.349)/ 2 )
=-1  *  -801.39/303.1025
=264.40 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=297.856 + 0
=297.856

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=308.349 + 0
=308.349

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -801.39/( (297.856+308.349)/ 2 )
=-1  *  -801.39/303.1025
=264.40 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=297.856 + 0
=297.856

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=308.349 + 0
=308.349

* 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 one times the annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero  (OTCPK:BNZIF) Effective Interest Rate on Debt % Explanation

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


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt % Related Terms

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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Traded in Other Exchanges
Address
Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.

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