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Banque de Tunisie (XTUN:BT) Effective Interest Rate on Debt % : 68.52% (As of Dec. 2022)


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What is Banque de Tunisie 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. Banque de Tunisie's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was TND244.9 Mil. Banque de Tunisie's average total debt for the quarter that ended in Dec. 2022 was TND357.3 Mil. Therefore, Banque de Tunisie's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 68.52%.


Banque de Tunisie Effective Interest Rate on Debt % Historical Data

The historical data trend for Banque de Tunisie'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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Banque de Tunisie Effective Interest Rate on Debt % Chart

Banque de Tunisie Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 41.40 42.60 41.01 46.45 68.52

Banque de Tunisie Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt % Get a 7-Day Free Trial 41.40 42.60 41.01 46.45 68.52

Competitive Comparison of Banque de Tunisie's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Banque de Tunisie'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.


Banque de Tunisie's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Banque de Tunisie's Effective Interest Rate on Debt % falls into.



Banque de Tunisie Effective Interest Rate on Debt % Calculation

Banque de Tunisie'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  *  -244.859/( (393.477+321.195)/ 2 )
=-1  *  -244.859/357.336
=68.52 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=393.477 + 0
=393.477

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=321.195 + 0
=321.195

Banque de Tunisie'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: Dec. 2021 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -244.859/( (393.477+321.195)/ 2 )
=-1  *  -244.859/357.336
=68.52 %

where

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=393.477 + 0
=393.477

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=321.195 + 0
=321.195

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


Banque de Tunisie  (XTUN:BT) Effective Interest Rate on Debt % Explanation

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


Banque de Tunisie Effective Interest Rate on Debt % Related Terms

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Banque de Tunisie (XTUN:BT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2, Rue Turkey, Tunis, TUN, 1001
Banque de Tunisie SA provides banking services. It offers banking and financial services to corporate, commercial, institutional and individual customers.

Banque de Tunisie (XTUN:BT) Headlines

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