Krung Thai Bank PCL (Krung Thai Bank PCL) Effective Interest Rate on Debt % : 9.74% (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Krung Thai Bank PCL 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. Krung Thai Bank PCL's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $1,252 Mil. Krung Thai Bank PCL's average total debt for the quarter that ended in Mar. 2024 was $12,863 Mil. Therefore, Krung Thai Bank PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.74%.

Krung Thai Bank PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for Krung Thai Bank PCL'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.

Krung Thai Bank PCL Effective Interest Rate on Debt % Chart

Krung Thai Bank PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

13.90

7.60

5.33

5.54

9.36

Krung Thai Bank PCL 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															8.67	9.10	9.73	11.36	9.74

Competitive Comparison of Krung Thai Bank PCL's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Krung Thai Bank PCL'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.

Krung Thai Bank PCL's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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

Krung Thai Bank PCL Effective Interest Rate on Debt % Calculation

Krung Thai Bank PCL'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 * -1106	/	( (11683.314	+	11947.128)	/ 2 )
=	-1 * -1106	/	11815.221
=	9.36 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11683.314	+	0
=	11683.314

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11947.128	+	0
=	11947.128

Krung Thai Bank PCL'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 * -1252.388	/	( (11947.128	+	13779.445)	/ 2 )
=	-1 * -1252.388	/	12863.2865
=	9.74 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11947.128	+	0
=	11947.128

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13779.445	+	0
=	13779.445

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.

Krung Thai Bank PCL (OTCPK:KGTFF) Effective Interest Rate on Debt % Explanation

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

Krung Thai Bank PCL Effective Interest Rate on Debt % Related Terms

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

Krung Thai Bank PCL (Krung Thai Bank PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Krung Thai Bank PCL (OTCPK:KGTFF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

KTHAF:USA KTB-F:Thailand KTB:Thailand KTB1:Germany

Address

35 Sukhumvit Road, Klongtoey Nua Subdistrict, Wattana District, Bangkok, THA, 10110

Website

https://www.krungthai.com

Krung Thai Bank PCL engages in commercial banking business and conducts its business through a nationwide branch network and in certain centers of the world. The company has three segments which are Retail banking, Corporate banking and Treasury and investment. Majority of the revenue is earned from Retail banking segment.

Krung Thai Bank PCL (Krung Thai Bank PCL) Headlines

From GuruFocus

Krung Thai Bank PCL's Dividend Analysis

By GuruFocus Research • 04-16-2024