Ecobank Ghana (XGHA:EGH) Effective Interest Rate on Debt % : 265.84% (As of Mar. 2025)

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What is Ecobank Ghana 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. Ecobank Ghana's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was GHS1,249 Mil. Ecobank Ghana's average total debt for the quarter that ended in Mar. 2025 was GHS470 Mil. Therefore, Ecobank Ghana's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 265.84%.

Ecobank Ghana Effective Interest Rate on Debt % Historical Data

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

Ecobank Ghana Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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194.98

227.90

531.49

494.00

341.25

Ecobank Ghana Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															300.05	381.73	196.92	304.87	265.84

Competitive Comparison of Ecobank Ghana's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Ecobank Ghana'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.

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

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

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

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Ecobank Ghana Effective Interest Rate on Debt % Calculation

Ecobank Ghana'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 * -1218.376	/	( (210.688	+	503.376)	/ 2 )
=	-1 * -1218.376	/	357.032
=	341.25 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	210.688	+	0
=	210.688

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	503.376	+	0
=	503.376

Ecobank Ghana's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -1248.644	/	( (503.376	+	436.034)	/ 2 )
=	-1 * -1248.644	/	469.705
=	265.84 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	503.376	+	0
=	503.376

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	436.034	+	0
=	436.034

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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Ecobank Ghana (XGHA:EGH) Effective Interest Rate on Debt % Explanation

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

Ecobank Ghana Effective Interest Rate on Debt % Related Terms

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Ecobank Ghana Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ecobank Ghana Ltd (XGHA:EGH) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

2 Morocco Lane, Off The Independence Avenue, Ministerial Area, Accra, GHA, 3261

Website

https://www.ecobank.com

Ecobank Ghana Ltd is a commercial banking corporation based in Ghana. Its service offering includes retail, corporate, and investment banking products. The bank functions through three operating segments namely Consumer banking focused on individuals who are grouped into a premier, advantage (personal banking), and classic & youth banking (direct banking); Commercial Banking focused on Business Banking and Medium Local Corporates such as SMEs, Medium Local corporates and Non-government public sector (schools, faith, NGOs & professional bodies); and Corporate banking specializes in serving the public sector, multinational institutions, financial institutions/international organizations and the Regional Corporate segment of the market.

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