Mwalimu Commercial Bank (DAR:MCB) Effective Interest Rate on Debt % : 0.00% (As of . 20)

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What is Mwalimu Commercial 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. Mwalimu Commercial Bank's annualized positive value of Interest Expense for the quarter that ended in . 20 was TZS Mil. Mwalimu Commercial Bank's average total debt for the quarter that ended in . 20 was TZS Mil. Therefore, Mwalimu Commercial Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 was %.

Mwalimu Commercial Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Mwalimu Commercial 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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Mwalimu Commercial Bank Effective Interest Rate on Debt % Chart

Mwalimu Commercial Bank Annual Data

Trend

Effective Interest Rate on Debt %

Mwalimu Commercial Bank Semi-Annual Data

Effective Interest Rate on Debt %

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

For the Banks - Regional subindustry, Mwalimu Commercial 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.

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

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

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

Mwalimu Commercial Bank Effective Interest Rate on Debt % Calculation

Mwalimu Commercial Bank's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Mwalimu Commercial Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: . 20 )	+	Total Debt (Q: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (Q: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (Q: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

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 one times the annual (. 20) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Mwalimu Commercial Bank (DAR:MCB) Effective Interest Rate on Debt % Explanation

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

Mwalimu Commercial Bank Effective Interest Rate on Debt % Related Terms

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Mwalimu Commercial Bank (DAR:MCB) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mwalimu Commercial Bank PLC (DAR:MCB) » Definitions » Effective Interest Rate on Debt %

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Address

Sam Nujoma Road, P.O. Box 61002, Mlimani Tower, Mezzanine Floor, Ubungo Municipality, Dar Es Salaam, TZA

Website

https://www.mwalimubank.co.tz

Mwalimu Commercial Bank PLC is a banking company in Tanzania. Its objective is to empower teachers and other civil servants economically to improve their living conditions and transform their lives.