SUNrise Bank (XNEP:SRBL) Effective Interest Rate on Debt % : 173.71% (As of Apr. 2023)

View and export this data going back to 2009. Start your Free Trial

What is SUNrise 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. SUNrise Bank's annualized positive value of Interest Expense for the quarter that ended in Apr. 2023 was NPR12,285 Mil. SUNrise Bank's average total debt for the quarter that ended in Apr. 2023 was NPR7,072 Mil. Therefore, SUNrise Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2023 was 173.71%.

SUNrise Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for SUNrise 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.

* Premium members only.

SUNrise Bank Effective Interest Rate on Debt % Chart

SUNrise Bank Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

23,255.95

728.77

164.95

79.16

121.18

SUNrise Bank Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															194.79	179.65	155.60	159.45	173.71

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

For the Banks - Regional subindustry, SUNrise 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.

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

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

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

SUNrise Bank Effective Interest Rate on Debt % Calculation

SUNrise Bank's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2021 )	+	Total Debt (A: Jul. 2022 ))	/ count )
=	-1 * -9449.408	/	( (7779.502	+	7815.517)	/ 2 )
=	-1 * -9449.408	/	7797.5095
=	121.18 %

where

	Total Debt (A: Jul. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7779.502	+	0
=	7779.502

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7815.517	+	0
=	7815.517

SUNrise Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jan. 2023 )	+	Total Debt (Q: Apr. 2023 ))	/ count )
=	-1 * -12284.928	/	( (7715.241	+	6428.706)	/ 2 )
=	-1 * -12284.928	/	7071.9735
=	173.71 %

where

	Total Debt (Q: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7715.241	+	0
=	7715.241

	Total Debt (Q: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6428.706	+	0
=	6428.706

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

SUNrise Bank (XNEP:SRBL) Effective Interest Rate on Debt % Explanation

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

SUNrise Bank Effective Interest Rate on Debt % Related Terms

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

SUNrise Bank (XNEP:SRBL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sunrise Plaza, Gairidhara, Metropolitian City-2, Kathmandu, NPL

Website

https://www.sunrisebank.com.np

SUNrise Bank Ltd operates in the finance and banking sector. It offers personal solutions including saving and fixed deposits and loans; business solutions including loans and advances; and other services. It offers various banking products and services including branchless banking, locker, internet banking, Sunrise smart banking, Sunrise visa debit card, extension counter and automated teller machine (ATM).

SUNrise Bank (XNEP:SRBL) Headlines

No Headlines