Crediscotia Financiera (LIM:CSCOTIC1) Effective Interest Rate on Debt % : 8.77% (As of Dec. 2021)

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What is Crediscotia Financiera 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. Crediscotia Financiera's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was S/.46.33 Mil. Crediscotia Financiera's average total debt for the quarter that ended in Dec. 2021 was S/.528.32 Mil. Therefore, Crediscotia Financiera's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 8.77%.

Crediscotia Financiera Effective Interest Rate on Debt % Historical Data

The historical data trend for Crediscotia Financiera'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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Crediscotia Financiera Effective Interest Rate on Debt % Chart

Crediscotia Financiera Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

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18.65

17.76

16.13

13.96

8.77

Crediscotia Financiera Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					18.65	17.76	16.13	13.96	8.77

Competitive Comparison of Crediscotia Financiera's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Crediscotia Financiera'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.

Crediscotia Financiera's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Crediscotia Financiera's Effective Interest Rate on Debt % falls into.

Crediscotia Financiera Effective Interest Rate on Debt % Calculation

Crediscotia Financiera's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -46.327	/	( (531.043	+	525.597)	/ 2 )
=	-1 * -46.327	/	528.32
=	8.77 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	531.043	+	0
=	531.043

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	525.597	+	0
=	525.597

Crediscotia Financiera's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2020 )	+	Total Debt (Q: Dec. 2021 ))	/ count )
=	-1 * -46.327	/	( (531.043	+	525.597)	/ 2 )
=	-1 * -46.327	/	528.32
=	8.77 %

where

	Total Debt (Q: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	531.043	+	0
=	531.043

	Total Debt (Q: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	525.597	+	0
=	525.597

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 (Dec. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Crediscotia Financiera (LIM:CSCOTIC1) Effective Interest Rate on Debt % Explanation

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

Crediscotia Financiera Effective Interest Rate on Debt % Related Terms

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Crediscotia Financiera Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Crediscotia Financiera SA (LIM:CSCOTIC1) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Av Paseo de la Republica Number 3587, San Isidro, Lima, PER

Website

http://www.crediscotia.com.pe

Crediscotia Financiera SA provides banking services to personal and business customers in Peru. The company's products and services include loans, mortgages, credit and debit cards, saving accounts, fixed-term deposits, money transfers, and other banking operations. The company also offers health, business, vehicle, fire, discretionary, accidental protection and death, involuntary unemployment or temporary disability, credit card protection, indemnity, and life and burial life insurance products and services. The company offers its products and services through its agencies and ATMs.

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