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National Citizen Commercial Joint Stock Bank (HSTC:NVB) Effective Interest Rate on Debt % : 223.60% (As of Dec. 2023)


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What is National Citizen Commercial Joint Stock 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. National Citizen Commercial Joint Stock Bank's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₫5,819,952 Mil. National Citizen Commercial Joint Stock Bank's average total debt for the quarter that ended in Dec. 2023 was ₫2,602,872 Mil. Therefore, National Citizen Commercial Joint Stock Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 223.60%.


National Citizen Commercial Joint Stock Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for National Citizen Commercial Joint Stock 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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National Citizen Commercial Joint Stock Bank Effective Interest Rate on Debt % Chart

National Citizen Commercial Joint Stock Bank Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.73 71.47 195.06 181.91 229.75

National Citizen Commercial Joint Stock Bank Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Mar19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 216.39 295.52 301.93 300.16 223.60

Competitive Comparison of National Citizen Commercial Joint Stock Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, National Citizen Commercial Joint Stock 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.


National Citizen Commercial Joint Stock Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



National Citizen Commercial Joint Stock Bank Effective Interest Rate on Debt % Calculation

National Citizen Commercial Joint Stock Bank'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  *  -5976390/( (2018995+3183564)/ 2 )
=-1  *  -5976390/2601279.5
=229.75 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2018995 + 0
=2018995

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3183564 + 0
=3183564

National Citizen Commercial Joint Stock Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -5819952/( (2022180+3183564)/ 2 )
=-1  *  -5819952/2602872
=223.60 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2022180 + 0
=2022180

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3183564 + 0
=3183564

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


National Citizen Commercial Joint Stock Bank  (HSTC:NVB) Effective Interest Rate on Debt % Explanation

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


National Citizen Commercial Joint Stock Bank Effective Interest Rate on Debt % Related Terms

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National Citizen Commercial Joint Stock Bank (HSTC:NVB) Business Description

Traded in Other Exchanges
N/A
Address
28C-28D Ba Trieu, Hang Bai Ward, Hoan Kiem District, Hanoi, VNM
National Citizen Commercial Joint Stock Bank is a Vietnam based company engaged in offering various banking services. It offers banking services to both personal and corporate customers. The portfolio of facilities includes transaction account, term deposit, credit facilities, foreign exchange products, international payments services, e-banking service, card products, treasury service and insurance service, among others.

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