GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credit Agricole Egypt SAE (CAI:CIEB) » Definitions » Effective Interest Rate on Debt %

Credit Agricole EgyptE (CAI:CIEB) Effective Interest Rate on Debt % : 435.01% (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Credit Agricole EgyptE 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. Credit Agricole EgyptE's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was E£5,711 Mil. Credit Agricole EgyptE's average total debt for the quarter that ended in Mar. 2024 was E£1,313 Mil. Therefore, Credit Agricole EgyptE's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 435.01%.


Credit Agricole EgyptE Effective Interest Rate on Debt % Historical Data

The historical data trend for Credit Agricole EgyptE'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.

Credit Agricole EgyptE Effective Interest Rate on Debt % Chart

Credit Agricole EgyptE 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 483.65 378.27 341.63 298.82 433.66

Credit Agricole EgyptE 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 312.92 386.70 484.73 562.29 435.01

Competitive Comparison of Credit Agricole EgyptE's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Credit Agricole EgyptE'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.


Credit Agricole EgyptE's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Credit Agricole EgyptE's Effective Interest Rate on Debt % falls into.



Credit Agricole EgyptE Effective Interest Rate on Debt % Calculation

Credit Agricole EgyptE'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  *  -4496.812/( (996.862+1077.035)/ 2 )
=-1  *  -4496.812/1036.9485
=433.66 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=996.862 + 0
=996.862

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1077.035 + 0
=1077.035

Credit Agricole EgyptE'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  *  -5710.552/( (1077.035+1548.468)/ 2 )
=-1  *  -5710.552/1312.7515
=435.01 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1077.035 + 0
=1077.035

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1548.468 + 0
=1548.468

* 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.


Credit Agricole EgyptE  (CAI:CIEB) Effective Interest Rate on Debt % Explanation

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


Credit Agricole EgyptE Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Credit Agricole EgyptE's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Credit Agricole EgyptE (CAI:CIEB) Business Description

Traded in Other Exchanges
N/A
Address
Land Piece (9/10/11/12/13), P.O. Box: 364, Touristic Area, 5th Settlement, Cairo, EGY, 11835
Credit Agricole Egypt SAE is engaged in providing corporate banking, retail, and investment banking services in the Arab Republic of Egypt and foreign countries. The company has four operating segments; Large, medium, and small enterprises provide current accounts, deposits, overdraft accounts, loans, credit facilities, and financial derivative activities, Investment segment offers money management activities, Retail offers current accounts, saving accounts, deposits, credit card, personal loans, and real estate loans activities and Asset and liability management offers other banking operations, such as asset and liability management.

Credit Agricole EgyptE (CAI:CIEB) Headlines

No Headlines