BNK Financial Group (XKRX:138930) Effective Interest Rate on Debt % : 20.58% (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is BNK Financial 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. BNK Financial Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₩4,119,107 Mil. BNK Financial Group's average total debt for the quarter that ended in Dec. 2023 was ₩20,018,735 Mil. Therefore, BNK Financial Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 20.58%.

BNK Financial Group Effective Interest Rate on Debt % Historical Data

The historical data trend for BNK Financial 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.

BNK Financial Group Effective Interest Rate on Debt % Chart

BNK Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

10.41

7.08

5.29

9.36

18.89

BNK Financial Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															13.10	17.54	18.47	19.88	20.58

Competitive Comparison of BNK Financial Group's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, BNK Financial 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.

BNK Financial Group's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where BNK Financial Group's Effective Interest Rate on Debt % falls into.

BNK Financial Group Effective Interest Rate on Debt % Calculation

BNK Financial Group'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 * -3786266.666	/	( (19591811.476	+	20489560.046)	/ 2 )
=	-1 * -3786266.666	/	20040685.761
=	18.89 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19591811.476	+	0
=	19591811.476

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20489560.046	+	0
=	20489560.046

BNK Financial Group'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -4119106.932	/	( (19547910.103	+	20489560.046)	/ 2 )
=	-1 * -4119106.932	/	20018735.0745
=	20.58 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19547910.103	+	0
=	19547910.103

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20489560.046	+	0
=	20489560.046

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

BNK Financial Group (XKRX:138930) Effective Interest Rate on Debt % Explanation

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

BNK Financial Group Effective Interest Rate on Debt % Related Terms

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

BNK Financial Group (XKRX:138930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BNK Financial Group Inc (XKRX:138930) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

30, Munhyeongeumyung-ro, Nam-gu, Busan, KOR

Website

http://www.bsfng.com

BNK Financial Group Inc is a Korea-based company engaged in providing various financial products and services. It offers Internet banking services covering deposits, inquiry, and transfers; financial products; Internet-based products; apartment-application deposits; fund products; variable annuities; and asset management services. It also provides investment brokerage, credit finance, and mutual savings banking services. In addition, it also provides credit check, and certificate issuing services, as well as financial IT service.

BNK Financial Group (XKRX:138930) Headlines

No Headlines