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Lloyds Banking Group (XTER:LLD) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)


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What is Lloyds Banking 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. Lloyds Banking Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €0 Mil. Lloyds Banking Group's average total debt for the quarter that ended in Sep. 2024 was €102,970 Mil. Therefore, Lloyds Banking Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.


Lloyds Banking Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Lloyds Banking 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.

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Lloyds Banking Group Effective Interest Rate on Debt % Chart

Lloyds Banking 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 Premium Member Only Premium Member Only 6.26 3.09 2.57 5.32 15.98

Lloyds Banking Group Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 63.38 - 42.18 -

Competitive Comparison of Lloyds Banking Group's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Lloyds Banking 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.


Lloyds Banking Group's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



Lloyds Banking Group Effective Interest Rate on Debt % Calculation

Lloyds Banking 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  *  -17124.685/( (105593.471+108726.02)/ 2 )
=-1  *  -17124.685/107159.7455
=15.98 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=105593.471 + 0
=105593.471

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=108726.02 + 0
=108726.02

Lloyds Banking Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  0/( (108612.628+97328.261)/ 2 )
=-1  *  0/102970.4445
=0.00 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=108612.628 + 0
=108612.628

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=97328.261 + 0
=97328.261

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


Lloyds Banking Group  (XTER:LLD) Effective Interest Rate on Debt % Explanation

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


Lloyds Banking Group Effective Interest Rate on Debt % Related Terms

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Lloyds Banking Group Business Description

Industry
Address
25 Gresham Street, London, GBR, EC2V 7HN
Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large companies and financial institutions in the UK Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.

Lloyds Banking Group Headlines

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