CSB Bank (BOM:542867) Effective Interest Rate on Debt % : 93.06% (As of Mar. 2024)

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What is CSB 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. CSB Bank's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₹16,354 Mil. CSB Bank's average total debt for the quarter that ended in Mar. 2024 was ₹17,574 Mil. Therefore, CSB Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 93.06%.

CSB Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for CSB 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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CSB Bank Effective Interest Rate on Debt % Chart

CSB Bank Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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6,791.78

331.63

74.33

75.41

114.25

CSB Bank 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															147.16	163.21	76.07	83.93	93.06

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

For the Banks - Regional subindustry, CSB 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.

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

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

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

CSB Bank Effective Interest Rate on Debt % Calculation

CSB Bank's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -14511.3	/	( (7829.7	+	17573.8)	/ 2 )
=	-1 * -14511.3	/	12701.75
=	114.25 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7829.7	+	0
=	7829.7

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17573.8	+	0
=	17573.8

CSB Bank'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 * -16353.6	/	( (0	+	17573.8)	/ 1 )
=	-1 * -16353.6	/	17573.8
=	93.06 %

where

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

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17573.8	+	0
=	17573.8

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.

CSB Bank (BOM:542867) Effective Interest Rate on Debt % Explanation

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

CSB Bank Effective Interest Rate on Debt % Related Terms

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CSB Bank (BOM:542867) Business Description

Industry

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CSBBANK:India

Address

St. Mary’s College Road, P.O. Box No. 502, CSB Bhavan, Thrissur, KL, IND, 680 020

Website

https://www.csb.co.in

CSB Bank Ltd is a private sector bank in India. The bank offers various banking services in four segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. Retail banking providing gold loans, loans against properties, personal loans, housing loans, and agricultural loans, and deposit products such as current accounts, savings accounts, term deposits, and cumulative deposit accounts and generates the majority of revenue from the same.

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