Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (MEX:FMTY14) Effective Interest Rate on Debt %: 246.41% (As of Dec. 2023)

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MEX:FMTY14 Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero MEX:FMTY14
8 GF Score
Price MXN14.89
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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt %?

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero MEX:FMTY14 -0.27% 8 Effective Interest Rate on Debt % is 246.41% as of Dec. 2023. GuruFocus rates MEX:FMTY14 with a GF Score™ of 8/100.

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. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was MXN13,603 Mil. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's average total debt for the quarter that ended in Dec. 2023 was MXN5,521 Mil. Therefore, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 246.41%.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero  (MEX:FMTY14) Effective Interest Rate on Debt % Explanation

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


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt % Related Terms


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt % Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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 172.79 165.37 135.65 195.07 246.41

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Semi-Annual Data
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 172.79 165.37 135.65 195.07 246.41

MEX:FMTY14 vs PNC, USB, NU: Effective Interest Rate on Debt % Comparison

For the Banks - Regional subindustry, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt % vs Banks Industry

For the Banks industry and Financial Services sector, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Effective Interest Rate on Debt % falls into.


MEX:FMTY14
8GF Score
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero MEX:FMTY14
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Effective Interest Rate on Debt % Calculation

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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  *  -13603/( (5807+5234)/ 2 )
=-1  *  -13603/5520.5
=246.41 %

where

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -13603/( (5807+5234)/ 2 )
=-1  *  -13603/5520.5
=246.41 %

where

* 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 one times the annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 246.41% mean?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (MEX:FMTY14) has a Effective Interest Rate on Debt % of 246.41% as of Dec. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero and its competitors.
Is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Effective Interest Rate on Debt % too high?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's current Effective Interest Rate on Debt % is 246.41%. Overall, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Effective Interest Rate on Debt % compare to PNC and USB?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Effective Interest Rate on Debt % of 246.41% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Banks company?
A good Effective Interest Rate on Debt % depends on the Banks industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero and its competitors. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's current Effective Interest Rate on Debt % is 246.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero stock overvalued right now?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (MEX:FMTY14) has a current Effective Interest Rate on Debt % of 246.41%. The current Effective Interest Rate on Debt % is 246.41%. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (MEX:FMTY14), the current Effective Interest Rate on Debt % is 246.41% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Address Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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