Primorye Commercial Bank PJSC (MIC:PRMB) Effective Interest Rate on Debt %: 0.00% (As of Sep. 2023)


MIC:PRMB Primorye Commercial Bank PJSC MIC:PRMB
17 GF Score
Price ₽19,200.00
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What is Primorye Commercial Bank PJSC Effective Interest Rate on Debt %?

Primorye Commercial Bank PJSC MIC:PRMB +1.05% 17 Effective Interest Rate on Debt % is 0.00% as of Sep. 2023. GuruFocus rates MIC:PRMB with a GF Score™ of 17/100.

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. Primorye Commercial Bank PJSC's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₽0 Mil. Primorye Commercial Bank PJSC's average total debt for the quarter that ended in Sep. 2023 was ₽431 Mil. Therefore, Primorye Commercial Bank PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


Primorye Commercial Bank PJSC  (MIC:PRMB) Effective Interest Rate on Debt % Explanation

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


Primorye Commercial Bank PJSC Effective Interest Rate on Debt % Related Terms


Primorye Commercial Bank PJSC Effective Interest Rate on Debt % Historical Data

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The historical data trend for Primorye Commercial Bank PJSC'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.

Primorye Commercial Bank PJSC Effective Interest Rate on Debt % Chart

Primorye Commercial Bank PJSC Annual Data
Trend Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,460.25 417.88 211.73 394.15 10,409.26

Primorye Commercial Bank PJSC Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22 Mar23 Sep23
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 0.00 0.00 0.00 1,111.51 0.00

MIC:PRMB vs USB, PNC: Effective Interest Rate on Debt % Comparison

For the Banks - Regional subindustry, Primorye Commercial Bank PJSC'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.


Primorye Commercial Bank PJSC Effective Interest Rate on Debt % vs Banks Industry

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

* The bar in red indicates where Primorye Commercial Bank PJSC's Effective Interest Rate on Debt % falls into.


MIC:PRMB
17GF Score
Primorye Commercial Bank PJSC MIC:PRMB
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Primorye Commercial Bank PJSC Effective Interest Rate on Debt % Calculation

Primorye Commercial Bank PJSC's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -2122.968/( (19.956+20.834)/ 2 )
=-1  *  -2122.968/20.395
=10,409.26 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.956 + 0
=19.956

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20.834 + 0
=20.834

Primorye Commercial Bank PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  0/( (424.326+438.389)/ 2 )
=-1  *  0/431.3575
=0.00 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=424.326 + 0
=424.326

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=438.389 + 0
=438.389

* 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 (Sep. 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 0.00% mean?
Primorye Commercial Bank PJSC (MIC:PRMB) has a Effective Interest Rate on Debt % of 0.00% as of Sep. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Primorye Commercial Bank PJSC and its competitors.
Is Primorye Commercial Bank PJSC's Effective Interest Rate on Debt % too high?
Primorye Commercial Bank PJSC's current Effective Interest Rate on Debt % is 0.00%. Overall, Primorye Commercial Bank PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Primorye Commercial Bank PJSC's Effective Interest Rate on Debt % compare to USB and PNC?
Primorye Commercial Bank PJSC's Effective Interest Rate on Debt % of 0.00% 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 Primorye Commercial Bank PJSC and its competitors. Primorye Commercial Bank PJSC's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primorye Commercial Bank PJSC stock overvalued right now?
Primorye Commercial Bank PJSC (MIC:PRMB) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Primorye Commercial Bank PJSC's overall GF Score™ is 17/100. 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 Primorye Commercial Bank PJSC (MIC:PRMB), the current Effective Interest Rate on Debt % is 0.00% as of Sep. 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.

Primorye Commercial Bank PJSC Business Description

Address Street Svetlanskaya, d. 47, Vladivostok, RUS, 690091
Primorye Commercial Bank PJSC formerly Primorye PJSCB offers individual and corporate clients with crediting, securities operations, cash and non-cash money transfers, currency exchange, plastic cards and deposits. It also provides financial and banking services for non-resident banks.
17GF Score

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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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