Progressive Life Insurance Co (DHA:PROGRESLIF) Effective Interest Rate on Debt % : 0.00% (As of . 20)

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What is Progressive Life Insurance Co 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. Progressive Life Insurance Co's annualized positive value of Interest Expense for the quarter that ended in . 20 was BDT Mil. Progressive Life Insurance Co's average total debt for the quarter that ended in . 20 was BDT Mil. Therefore, Progressive Life Insurance Co's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 was %.

Progressive Life Insurance Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Progressive Life Insurance Co'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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Progressive Life Insurance Co Effective Interest Rate on Debt % Chart

Progressive Life Insurance Co Annual Data

Trend

Effective Interest Rate on Debt %

Progressive Life Insurance Co Semi-Annual Data

Effective Interest Rate on Debt %

Competitive Comparison of Progressive Life Insurance Co's Effective Interest Rate on Debt %

For the Insurance - Life subindustry, Progressive Life Insurance Co'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.

Progressive Life Insurance Co's Effective Interest Rate on Debt % Distribution in the Insurance Industry

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

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

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Progressive Life Insurance Co Effective Interest Rate on Debt % Calculation

Progressive Life Insurance Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Progressive Life Insurance Co's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: . 20 )	+	Total Debt (Q: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (Q: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (Q: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

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 one times the annual (. 20) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Progressive Life Insurance Co (DHA:PROGRESLIF) Effective Interest Rate on Debt % Explanation

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

Progressive Life Insurance Co Effective Interest Rate on Debt % Related Terms

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Progressive Life Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Progressive Life Insurance Co Ltd (DHA:PROGRESLIF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

National Scout Bhaban (4th,5th,6th,7th & 11th Floor), 70/1 Inner Circular Road, Kakrail, Dhaka, BGD, 1000

Website

http://www.progressivelife.com.bd

Progressive Life Insurance Co Ltd provides various life insurance products and services in Bangladesh. It is engaged in a different portfolio of traditional life insurance business i.e. Ordinary Life, Group Life including pension, health scheme, and micro life insurance business under names of Sujan Bima and Surrid Bima.

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