Nepal SBI Bank (XNEP:SBI) Effective Interest Rate on Debt % : 187.71% (As of Apr. 2024)

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What is Nepal SBI 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. Nepal SBI Bank's annualized positive value of Interest Expense for the quarter that ended in Apr. 2024 was NPR12,589 Mil. Nepal SBI Bank's average total debt for the quarter that ended in Apr. 2024 was NPR6,707 Mil. Therefore, Nepal SBI Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2024 was 187.71%.

Nepal SBI Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Nepal SBI 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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Nepal SBI Bank Effective Interest Rate on Debt % Chart

Nepal SBI Bank Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Effective Interest Rate on Debt %

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535.62

248.59

87.62

73.35

92.31

Nepal SBI Bank Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															115.37	102.65	126.83	175.26	187.71

Competitive Comparison of Nepal SBI Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Nepal SBI 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.

Nepal SBI Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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

Nepal SBI Bank Effective Interest Rate on Debt % Calculation

Nepal SBI Bank's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -12046.285	/	( (12327.608	+	13771.236)	/ 2 )
=	-1 * -12046.285	/	13049.422
=	92.31 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12327.608	+	0
=	12327.608

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13771.236	+	0
=	13771.236

Nepal SBI Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jan. 2024 )	+	Total Debt (Q: Apr. 2024 ))	/ count )
=	-1 * -12589.136	/	( (7370.543	+	6043.152)	/ 2 )
=	-1 * -12589.136	/	6706.8475
=	187.71 %

where

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7370.543	+	0
=	7370.543

	Total Debt (Q: Apr. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6043.152	+	0
=	6043.152

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 (Apr. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Nepal SBI Bank (XNEP:SBI) Effective Interest Rate on Debt % Explanation

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

Nepal SBI Bank Effective Interest Rate on Debt % Related Terms

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Nepal SBI Bank (XNEP:SBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nepal SBI Bank Ltd (XNEP:SBI) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Kesharmahal, Kathmandu, NPL

Website

https://nsbl.statebank

Nepal SBI Bank Ltd provides commercial banking services in Nepal. It provides deposits and accounts, loans and advances, remittances and auxiliary services. The company operates as a Special Business Unit segment which consists of Durbarmarg, Commercial, RO-Biratnagar, RO-Nepalgunj, RO-Kathmandu, and others. RO-Kathmandu generates maximum revenue for the bank.