Banco BBVA Argentina (BUE:FRAN) Effective Interest Rate on Debt % : 6,673.78% (As of Dec. 2023)

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What is Banco BBVA Argentina 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 BBVA Argentina's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ARS3,167,751.14 Mil. Banco BBVA Argentina's average total debt for the quarter that ended in Dec. 2023 was ARS47,465.63 Mil. Therefore, Banco BBVA Argentina's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6,673.78%.

Banco BBVA Argentina Effective Interest Rate on Debt % Historical Data

The historical data trend for Banco BBVA Argentina'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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Banco BBVA Argentina Effective Interest Rate on Debt % Chart

Banco BBVA Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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586.29

574.59

2,209.51

1,730.80

2,232.42

Banco BBVA Argentina Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4,339.53	960.33	2,618.47	3,966.09	6,673.78

Competitive Comparison of Banco BBVA Argentina's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Banco BBVA Argentina'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 BBVA Argentina's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Banco BBVA Argentina's Effective Interest Rate on Debt % falls into.

Banco BBVA Argentina Effective Interest Rate on Debt % Calculation

Banco BBVA Argentina'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 * -1556714.282	/	( (75058.343	+	64406.18)	/ 2 )
=	-1 * -1556714.282	/	69732.2615
=	2,232.42 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	74095.669	+	962.674
=	75058.343

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	63183.401	+	1222.779
=	64406.18

Banco BBVA Argentina'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -3167751.14	/	( (30525.079	+	64406.18)	/ 2 )
=	-1 * -3167751.14	/	47465.6295
=	6,673.78 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30060.973	+	464.106
=	30525.079

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	63183.401	+	1222.779
=	64406.18

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

Banco BBVA Argentina (BUE:FRAN) Effective Interest Rate on Debt % Explanation

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

Banco BBVA Argentina Effective Interest Rate on Debt % Related Terms

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Banco BBVA Argentina (BUE:FRAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco BBVA Argentina SA (BUE:FRAN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BBAR:USA XBFR:Spain BFP:Germany BBAR:Argentina

Address

Avenue Cordoba 111, 31st floor, Buenos Aires, ARG, C1054AAA

Website

https://www.bbva.com.ar

Banco BBVA Argentina SA is a banking services provider in Argentina. It provides financial assistance to large corporations, small and medium-sized companies, as well as individuals. It bank provides services through retail, corporate, investment banking, and Small and medium-sized companies divisions. Through the retail banking segment, it provides banking products and services to individuals, corporate banking deals with services to corporates, and the small and medium-sized companies segment focused on foreign trade, agricultural business, and digital products. Its geographical segments are Spain, the United States, Mexico, Turkey, South America, and the Rest of Eurasia.

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