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B3 - Brasil Bolsa Balcao (B3 - Brasil Bolsa Balcao) Effective Interest Rate on Debt % : 1.07% (As of Mar. 2024)


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What is B3 - Brasil Bolsa Balcao 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. B3 - Brasil Bolsa Balcao's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $32 Mil. B3 - Brasil Bolsa Balcao's average total debt for the quarter that ended in Mar. 2024 was $2,986 Mil. Therefore, B3 - Brasil Bolsa Balcao's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.07%.


B3 - Brasil Bolsa Balcao Effective Interest Rate on Debt % Historical Data

The historical data trend for B3 - Brasil Bolsa Balcao'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.

B3 - Brasil Bolsa Balcao Effective Interest Rate on Debt % Chart

B3 - Brasil Bolsa Balcao 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 6.40 3.79 5.15 10.52 9.65

B3 - Brasil Bolsa Balcao Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.43 10.58 10.33 10.22 1.07

Competitive Comparison of B3 - Brasil Bolsa Balcao's Effective Interest Rate on Debt %

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.


B3 - Brasil Bolsa Balcao's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's Effective Interest Rate on Debt % falls into.



B3 - Brasil Bolsa Balcao Effective Interest Rate on Debt % Calculation

B3 - Brasil Bolsa Balcao'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  *  -262.196/( (2432.831+3001.591)/ 2 )
=-1  *  -262.196/2717.211
=9.65 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2202.108 + 230.723
=2432.831

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1991.796 + 1009.795
=3001.591

B3 - Brasil Bolsa Balcao's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -31.948/( (3001.591+2969.884)/ 2 )
=-1  *  -31.948/2985.7375
=1.07 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1991.796 + 1009.795
=3001.591

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2350.548 + 619.336
=2969.884

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


B3 - Brasil Bolsa Balcao  (OTCPK:BOLSY) Effective Interest Rate on Debt % Explanation

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


B3 - Brasil Bolsa Balcao Effective Interest Rate on Debt % Related Terms

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B3 - Brasil Bolsa Balcao (B3 - Brasil Bolsa Balcao) Business Description

Traded in Other Exchanges
Address
Antonio Prado Square, 48 - Center, Rua XV de Novembro, 275, Sao Paulo, SP, BRA, 01010-901
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. It relies on technology to deliver its services.

B3 - Brasil Bolsa Balcao (B3 - Brasil Bolsa Balcao) Headlines

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