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CIG Pannonia Life Insurance OJSC (BUD:CIGPANNONIA) Effective Interest Rate on Debt % : 318.96% (As of Mar. 2025)


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What is CIG Pannonia Life Insurance OJSC 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. CIG Pannonia Life Insurance OJSC's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was Ft1,716 Mil. CIG Pannonia Life Insurance OJSC's average total debt for the quarter that ended in Mar. 2025 was Ft538 Mil. Therefore, CIG Pannonia Life Insurance OJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 318.96%.


CIG Pannonia Life Insurance OJSC Effective Interest Rate on Debt % Historical Data

The historical data trend for CIG Pannonia Life Insurance OJSC'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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CIG Pannonia Life Insurance OJSC Effective Interest Rate on Debt % Chart

CIG Pannonia Life Insurance OJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.47 147.83 236.67 518.63 476.61

CIG Pannonia Life Insurance OJSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 738.73 645.07 689.13 547.98 318.96

Competitive Comparison of CIG Pannonia Life Insurance OJSC's Effective Interest Rate on Debt %

For the Insurance - Life subindustry, CIG Pannonia Life Insurance OJSC'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.


CIG Pannonia Life Insurance OJSC's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CIG Pannonia Life Insurance OJSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CIG Pannonia Life Insurance OJSC's Effective Interest Rate on Debt % falls into.


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CIG Pannonia Life Insurance OJSC Effective Interest Rate on Debt % Calculation

CIG Pannonia Life Insurance OJSC'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  *  -1869/( (314.284+470)/ 2 )
=-1  *  -1869/392.142
=476.61 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=314.284 + 0
=314.284

CIG Pannonia Life Insurance OJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -1716/( (470+606)/ 2 )
=-1  *  -1716/538
=318.96 %

where

* 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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


CIG Pannonia Life Insurance OJSC  (BUD:CIGPANNONIA) Effective Interest Rate on Debt % Explanation

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


CIG Pannonia Life Insurance OJSC Effective Interest Rate on Debt % Related Terms

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CIG Pannonia Life Insurance OJSC Business Description

Traded in Other Exchanges
N/A
Address
11 Konyves Kalman Korut, Building B, Nepliget Center Business Center, Budapest, HUN, 1097
CIG Pannonia Life Insurance OJSC is an insurance company. The company mainly sells various insurance products including unit-linked life insurance, term life insurance, endowment insurance, health insurance, casco, freight liability and suretyship insurance and also offers investment fund management and portfolio management. The company carries its activities in Hungary, Romania, Slovakia, and Italy. In addition, the company sells riders and non-life insurance products.

CIG Pannonia Life Insurance OJSC Headlines

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