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mBank (LTS:0DU3) Effective Interest Rate on Debt % : 28.63% (As of Dec. 2024)


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What is mBank 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. mBank's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was zł5,032 Mil. mBank's average total debt for the quarter that ended in Dec. 2024 was zł17,576 Mil. Therefore, mBank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 28.63%.


mBank Effective Interest Rate on Debt % Historical Data

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

mBank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.51 1.74 20.83 37.57 28.95

mBank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 29.97 29.35 29.69 29.94 28.63

Competitive Comparison of mBank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, mBank'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.


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

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

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



mBank Effective Interest Rate on Debt % Calculation

mBank's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -4934.243/( (16614.161+17471.85)/ 2 )
=-1  *  -4934.243/17043.0055
=28.95 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16614.161 + 0
=16614.161

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17471.85 + 0
=17471.85

mBank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -5032.36/( (17680.649+17471.85)/ 2 )
=-1  *  -5032.36/17576.2495
=28.63 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17680.649 + 0
=17680.649

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17471.85 + 0
=17471.85

* 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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


mBank  (LTS:0DU3) Effective Interest Rate on Debt % Explanation

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


mBank Effective Interest Rate on Debt % Related Terms

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mBank Business Description

Industry
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Address
18 Prosta Street, Warsaw, POL, 00-850
mBank SA is a financial services group operating primarily in Poland, as well as the Czech Republic and Slovakia. Its primary business is retail, corporate, and investment banking, but the company also conducts leasing, factoring, and wealth management operations, among other financial services. The group offers insurance policies through a strategic partnership. The bank's strategy emphasizes customer service, particularly in the development of its banking solutions. MBank SA considers corporate banking its strength, and its division caters to large, Polish foreign trade companies. MBank's growth strategy is historically organic as opposed to acquisitive.

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