GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Capital Bank Ltd (XZIM:FCA.ZW) » Definitions » Effective Interest Rate on Debt %

First Capital Bank (XZIM:FCA.ZW) Effective Interest Rate on Debt % : 48.50% (As of Dec. 2022)


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

What is First Capital 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. First Capital Bank's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was ZWL874 Mil. First Capital Bank's average total debt for the quarter that ended in Dec. 2022 was ZWL1,802 Mil. Therefore, First Capital Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 48.50%.


First Capital Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for First Capital 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.

First Capital Bank Effective Interest Rate on Debt % Chart

First Capital Bank Annual Data
Trend Dec08 Dec09 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 67.78 147.14 49.20 54.55

First Capital Bank Semi-Annual Data
Dec09 Jun11 Dec11 Jun12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 220.64 59.74 70.98 37.24 48.50

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

For the Banks - Regional subindustry, First Capital 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.


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

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

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



First Capital Bank Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -657.666/( (587.939+1823.304)/ 2 )
=-1  *  -657.666/1205.6215
=54.55 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=587.939 + 0
=587.939

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1823.304 + 0
=1823.304

First Capital Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -874.138/( (1781.46+1823.304)/ 2 )
=-1  *  -874.138/1802.382
=48.50 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1781.46 + 0
=1781.46

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1823.304 + 0
=1823.304

* 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 (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


First Capital Bank  (XZIM:FCA.ZW) Effective Interest Rate on Debt % Explanation

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


First Capital Bank Effective Interest Rate on Debt % Related Terms

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


First Capital Bank (XZIM:FCA.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Corner First Street and Jason Moyo Avenue, P.O. Box 1279, Barclay House, Harare, ZWE
First Capital Bank Ltd is a commercial bank. The company's operating segment includes Retail Banking; Corporate Banking; Business Banking and Treasury. It generates maximum revenue from the Corporate banking and Treasury segment. The Corporate banking segment focuses on large corporates, multinationals, and non-governmental organizations. Its product offering includes current accounts, overdrafts, loans, and foreign currency products. The treasury segment focuses on the management of the overall bank operating asset balances and balance sheet structure.

First Capital Bank (XZIM:FCA.ZW) Headlines

No Headlines