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Banif – Banco Internacional do Funchal (XLIS:BANIF) Effective Interest Rate on Debt % : 9.20% (As of Sep. 2015)


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What is Banif – Banco Internacional do Funchal 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. Banif – Banco Internacional do Funchal's annualized positive value of Interest Expense for the quarter that ended in Sep. 2015 was €150.00 Mil. Banif – Banco Internacional do Funchal's average total debt for the quarter that ended in Sep. 2015 was €1,631.30 Mil. Therefore, Banif – Banco Internacional do Funchal's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 was 9.20%.


Banif – Banco Internacional do Funchal Effective Interest Rate on Debt % Historical Data

The historical data trend for Banif – Banco Internacional do Funchal'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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Banif – Banco Internacional do Funchal Effective Interest Rate on Debt % Chart

Banif – Banco Internacional do Funchal Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - - - 24.85 17.62

Banif – Banco Internacional do Funchal Quarterly Data
Dec08 Dec09 Dec10 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 15.12 12.75 10.90 10.25 9.20

Competitive Comparison of Banif – Banco Internacional do Funchal's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Banif – Banco Internacional do Funchal'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.


Banif – Banco Internacional do Funchal's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banif – Banco Internacional do Funchal's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Banif – Banco Internacional do Funchal's Effective Interest Rate on Debt % falls into.



Banif – Banco Internacional do Funchal Effective Interest Rate on Debt % Calculation

Banif – Banco Internacional do Funchal's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  -284.847/( (1424.196+1809.396)/ 2 )
=-1  *  -284.847/1616.796
=17.62 %

where

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1424.196 + 0
=1424.196

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1809.396 + 0
=1809.396

Banif – Banco Internacional do Funchal's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2015 )+Total Debt  (Q: Sep. 2015 ))/ count )
=-1  *  -150/( (1467.7+1794.9)/ 2 )
=-1  *  -150/1631.3
=9.20 %

where

Total Debt  (Q: Jun. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1467.7 + 0
=1467.7

Total Debt  (Q: Sep. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1794.9 + 0
=1794.9

* 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. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Banif – Banco Internacional do Funchal  (XLIS:BANIF) Effective Interest Rate on Debt % Explanation

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


Banif – Banco Internacional do Funchal Effective Interest Rate on Debt % Related Terms

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Banif – Banco Internacional do Funchal (XLIS:BANIF) Business Description

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Banif - Banco Internacional do Funchal provides banking products and services to companies, institutional clients, and private customers, as well as to personal customers, small businesses, and independent professionals.

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