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Sberbank of Russia PJSC (MIC:SBER) Effective Interest Rate on Debt % : 142.81% (As of Jun. 2023)


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What is Sberbank of Russia PJSC 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. Sberbank of Russia PJSC's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was ₽1,426,823 Mil. Sberbank of Russia PJSC's average total debt for the quarter that ended in Jun. 2023 was ₽999,117 Mil. Therefore, Sberbank of Russia PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 142.81%.


Sberbank of Russia PJSC Effective Interest Rate on Debt % Historical Data

The historical data trend for Sberbank of Russia PJSC'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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Sberbank of Russia PJSC Effective Interest Rate on Debt % Chart

Sberbank of Russia PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.97 60.03 51.71 58.10 124.59

Sberbank of Russia PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Mar23 Jun23
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 55.04 68.45 - 118.28 142.81

Competitive Comparison of Sberbank of Russia PJSC's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Sberbank of Russia PJSC'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.


Sberbank of Russia PJSC's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sberbank of Russia PJSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sberbank of Russia PJSC's Effective Interest Rate on Debt % falls into.



Sberbank of Russia PJSC Effective Interest Rate on Debt % Calculation

Sberbank of Russia PJSC'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  *  -1713600/( (1528800+1221900)/ 2 )
=-1  *  -1713600/1375350
=124.59 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1528800 + 0
=1528800

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1221900 + 0
=1221900

Sberbank of Russia PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -1426823.416/( (995195.45+1003038.462)/ 2 )
=-1  *  -1426823.416/999116.956
=142.81 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=995195.45 + 0
=995195.45

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1003038.462 + 0
=1003038.462

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


Sberbank of Russia PJSC  (MIC:SBER) Effective Interest Rate on Debt % Explanation

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


Sberbank of Russia PJSC Effective Interest Rate on Debt % Related Terms

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Sberbank of Russia PJSC (MIC:SBER) Business Description

Industry
Traded in Other Exchanges
Address
19 Vavilova Street, Moscow, RUS, 117997
Sberbank of Russia PJSC is a full-service bank operating primarily in Russia, but with significant exposure to Central and Eastern European countries. The bank has grown into a universal bank through acquisitions since its historical savings bank origins. Sberbank's principal shareholder is the Central Bank of the Russian Federation, which owns just over half of the bank's outstanding shares. The bank's activities are organized by three main priorities: corporate banking, retail banking, and investment banking. Corporate loans constitute the bulk of the bank's earning assets, mostly to corporations with the largest market capitalizations. The bank's development strategy emphasizes customer service, cost management, and technological modernization.

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