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Stopanska banka AD Skopje (XMAE:STB) Effective Interest Rate on Debt % : 24.24% (As of Mar. 2024)


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What is Stopanska banka AD Skopje 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. Stopanska banka AD Skopje's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was MKD651 Mil. Stopanska banka AD Skopje's average total debt for the quarter that ended in Mar. 2024 was MKD2,686 Mil. Therefore, Stopanska banka AD Skopje's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 24.24%.


Stopanska banka AD Skopje Effective Interest Rate on Debt % Historical Data

The historical data trend for Stopanska banka AD Skopje'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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Stopanska banka AD Skopje Effective Interest Rate on Debt % Chart

Stopanska banka AD Skopje 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 233.27 112.88 24.35 12.10 20.15

Stopanska banka AD Skopje 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 18.00 22.60 26.42 24.53 24.24

Competitive Comparison of Stopanska banka AD Skopje's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Stopanska banka AD Skopje'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.


Stopanska banka AD Skopje's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Stopanska banka AD Skopje's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Stopanska banka AD Skopje's Effective Interest Rate on Debt % falls into.



Stopanska banka AD Skopje Effective Interest Rate on Debt % Calculation

Stopanska banka AD Skopje'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  *  -470.605/( (1930.696+2739.776)/ 2 )
=-1  *  -470.605/2335.236
=20.15 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1930.696 + 0
=1930.696

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2739.776 + 0
=2739.776

Stopanska banka AD Skopje'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  *  -650.892/( (2739.776+2631.724)/ 2 )
=-1  *  -650.892/2685.75
=24.24 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2739.776 + 0
=2739.776

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2631.724 + 0
=2631.724

* 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.


Stopanska banka AD Skopje  (XMAE:STB) Effective Interest Rate on Debt % Explanation

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


Stopanska banka AD Skopje Effective Interest Rate on Debt % Related Terms

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Stopanska banka AD Skopje (XMAE:STB) Business Description

Traded in Other Exchanges
Address
Street 11 October 7, Skopje, MKD, 1000
Stopanska banka AD Skopje operates as a bank in Macedonia providing financial products and services for retail and corporate segment operation. The bank provides various types of loan, deposit as well as a variety of other traditional services, deposit accounts, loans, foreign exchange and trade service, safekeeping and administration of financial instruments for clients, including custodianship and related services and own portfolio management bonds investment portfolio to individuals, large, medium-sized and small companies. The bank operates its business in three segments Retail banking, Corporate banking, and Investment banking and generates revenues from interest income and commission income.

Stopanska banka AD Skopje (XMAE:STB) Headlines