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JSC VTB Bank (MIC:VTBR) Effective Interest Rate on Debt % : 102.82% (As of Jun. 2023)


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What is JSC VTB Bank 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. JSC VTB Bank's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was ₽1,362,000 Mil. JSC VTB Bank's average total debt for the quarter that ended in Jun. 2023 was ₽1,324,650 Mil. Therefore, JSC VTB Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 102.82%.


JSC VTB Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for JSC VTB Bank'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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JSC VTB Bank Effective Interest Rate on Debt % Chart

JSC VTB Bank Annual Data
Trend Dec13 Dec14 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 48.29 52.07 32.21 46.47 121.87

JSC VTB Bank Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Jun23
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 37.46 36.30 55.56 - 102.82

Competitive Comparison of JSC VTB Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, JSC VTB Bank'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.


JSC VTB Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



JSC VTB Bank Effective Interest Rate on Debt % Calculation

JSC VTB Bank'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  *  -1305700/( (882100+1260700)/ 2 )
=-1  *  -1305700/1071400
=121.87 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=882100 + 0
=882100

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1260700 + 0
=1260700

JSC VTB Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -1362000/( (1260700+1388600)/ 2 )
=-1  *  -1362000/1324650
=102.82 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1260700 + 0
=1260700

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1388600 + 0
=1388600

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


JSC VTB Bank  (MIC:VTBR) Effective Interest Rate on Debt % Explanation

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


JSC VTB Bank Effective Interest Rate on Debt % Related Terms

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JSC VTB Bank (MIC:VTBR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11A Degtyarniy Lane, Saint Petersburg, RUS, 191144
JSC VTB Bank and its subsidiaries are providers of banking products and services, domiciled in the Russian Federation. The bank earns the majority of its revenue domestically. Its revenue driver of the bank is the corporate/investment banking segment, which offers services such as commercial lending, currencies, export and import transactions, securities trading, derivatives, broking, dealing, corporate finance, asset management, and financial consulting.

JSC VTB Bank (MIC:VTBR) Headlines

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