I&M Group (NAI:IMH) Effective Interest Rate on Debt % : 222.98% (As of Dec. 2024)

View and export this data going back to . Start your Free Trial

What is I&M Group 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. I&M Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was KES31,205 Mil. I&M Group's average total debt for the quarter that ended in Dec. 2024 was KES13,994 Mil. Therefore, I&M Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 222.98%.

I&M Group Effective Interest Rate on Debt % Historical Data

The historical data trend for I&M Group'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.

* Premium members only.

I&M Group Effective Interest Rate on Debt % Chart

I&M Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

84.34

64.55

73.08

111.82

174.90

I&M Group 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															137.02	162.19	203.99	227.89	222.98

Competitive Comparison of I&M Group's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, I&M Group'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.

I&M Group's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where I&M Group's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

I&M Group Effective Interest Rate on Debt % Calculation

I&M Group'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 * -30543.156	/	( (20856.429	+	14069.877)	/ 2 )
=	-1 * -30543.156	/	17463.153
=	174.90 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20856.429	+	0
=	20856.429

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14069.877	+	0
=	14069.877

I&M Group'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 * -31204.888	/	( (13919.016	+	14069.877)	/ 2 )
=	-1 * -31204.888	/	13994.4465
=	222.98 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13919.016	+	0
=	13919.016

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14069.877	+	0
=	14069.877

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.

I&M Group (NAI:IMH) Effective Interest Rate on Debt % Explanation

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

I&M Group Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of I&M Group's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

I&M Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » I&M Group PLC (NAI:IMH) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Park Avenue, 1st Parklands Avenue, P.O. Box 30238, Nairobi, KEN, 00100

Website

https://www.imbankgroup.com

I&M Group PLC is a non-operating holding company, along with its subsidiaries providing banking, financial, and related services. The group operations are divided into five geographical segments, Kenya, Tanzania, Rwanda, Mauritius, and Uganda. It offers a range of personal banking products, such as bank accounts, cards, mobile banking, Internet banking, investment management services, loans, foreign exchange, and funds transfer. Business banking products include business accounts, loans, e-commerce, salary processing, trade services, interest rates, foreign exchange, insurance premium financing, funds transfer, asset finance, and cash management services.

I&M Group Headlines

No Headlines