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Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Effective Interest Rate on Debt % : 69.38% (As of Mar. 2024)


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What is Sai Gon - Hanoi 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. Sai Gon - Hanoi Commercial Joint Stock Bank's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₫31,529,432 Mil. Sai Gon - Hanoi Commercial Joint Stock Bank's average total debt for the quarter that ended in Mar. 2024 was ₫45,443,907 Mil. Therefore, Sai Gon - Hanoi Commercial Joint Stock Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 69.38%.


Sai Gon - Hanoi Commercial Joint Stock Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Sai Gon - Hanoi 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.

* Premium members only.

Sai Gon - Hanoi Commercial Joint Stock Bank Effective Interest Rate on Debt % Chart

Sai Gon - Hanoi Commercial Joint Stock Bank 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 50.89 43.62 37.03 46.44 82.04

Sai Gon - Hanoi Commercial Joint Stock Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 82.31 79.63 77.41 83.13 69.38

Competitive Comparison of Sai Gon - Hanoi Commercial Joint Stock Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Sai Gon - Hanoi 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.


Sai Gon - Hanoi Commercial Joint Stock Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Sai Gon - Hanoi Commercial Joint Stock Bank's Effective Interest Rate on Debt % falls into.



Sai Gon - Hanoi Commercial Joint Stock Bank Effective Interest Rate on Debt % Calculation

Sai Gon - Hanoi 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  *  -38304038/( (43468710+49913166)/ 2 )
=-1  *  -38304038/46690938
=82.04 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=43468710 + 0
=43468710

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=49913166 + 0
=49913166

Sai Gon - Hanoi Commercial Joint Stock Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -31529432/( (49913166+40974648)/ 2 )
=-1  *  -31529432/45443907
=69.38 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=49913166 + 0
=49913166

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=40974648 + 0
=40974648

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


Sai Gon - Hanoi Commercial Joint Stock Bank  (STC:SHB) Effective Interest Rate on Debt % Explanation

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


Sai Gon - Hanoi Commercial Joint Stock Bank Effective Interest Rate on Debt % Related Terms

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Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Business Description

Traded in Other Exchanges
N/A
Address
77 Tran Hung Dao Street, Hoan Kiem District, Hanoi, VNM
Sai Gon - Hanoi Commercial Joint Stock Bank is a Vietnam-based banking corporation. It offers various banking services to its customers including retail banking, corporate banking, and other banking-related services. Its products and services include savings, current account, money transfer services, E-banking, guarantee service, and forex trading and treasury services. It also provides credit in the form of car loans, rubber loans, agricultural product loans, business overdraft, and medium and long-term loans and credit facilities. The company has four reportable segments such as credit, investment, services, and treasury. The primary source of its revenue is interest income, commission, and fees received by providing advisory and financial services to the customer.

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