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St Galler Kantonalbank AG (XSWX:SGKN) Effective Interest Rate on Debt % : 6.56% (As of Jun. 2024)


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What is St Galler Kantonalbank AG 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. St Galler Kantonalbank AG's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was CHF479.6 Mil. St Galler Kantonalbank AG's average total debt for the quarter that ended in Jun. 2024 was CHF7,311.5 Mil. Therefore, St Galler Kantonalbank AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 6.56%.


St Galler Kantonalbank AG Effective Interest Rate on Debt % Historical Data

The historical data trend for St Galler Kantonalbank AG'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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St Galler Kantonalbank AG Effective Interest Rate on Debt % Chart

St Galler Kantonalbank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 0.78 0.70 1.16 5.02

St Galler Kantonalbank AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only 0.62 1.59 4.26 5.84 6.56

Competitive Comparison of St Galler Kantonalbank AG's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, St Galler Kantonalbank AG'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.


St Galler Kantonalbank AG's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where St Galler Kantonalbank AG's Effective Interest Rate on Debt % falls into.



St Galler Kantonalbank AG Effective Interest Rate on Debt % Calculation

St Galler Kantonalbank AG'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  *  -355.581/( (6950.185+7218.966)/ 2 )
=-1  *  -355.581/7084.5755
=5.02 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6950.185 + 0
=6950.185

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7218.966 + 0
=7218.966

St Galler Kantonalbank AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -479.574/( (7218.966+7404.07)/ 2 )
=-1  *  -479.574/7311.518
=6.56 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7218.966 + 0
=7218.966

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7404.07 + 0
=7404.07

* 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 two times the semi-annual (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


St Galler Kantonalbank AG  (XSWX:SGKN) Effective Interest Rate on Debt % Explanation

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


St Galler Kantonalbank AG Effective Interest Rate on Debt % Related Terms

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St Galler Kantonalbank AG Business Description

Traded in Other Exchanges
Address
St. Leonhardstrasse 25, St. Gallen, CHE, 9001
St Galler Kantonalbank AG provides banking services to the local population and small and middle-sized companies in Switzerland and globally. It also offers private banking. The bank adopts a balanced business model based on two revenue sources. Its objectives are the growth of loans, the growth of funds under management, cost and income ratio and return on equity. The firm operates in St Gall through its network of branches. The company has developed and promoted the brand Cantonal bank. Retail and commercial clients, private banking, and corporate center are the segments of the company.

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