NatWest Group (NatWest Group) Effective Interest Rate on Debt % : 40.12% (As of Dec. 2023)

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What is NatWest Group 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. NatWest Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $16,795 Mil. NatWest Group's average total debt for the quarter that ended in Dec. 2023 was $41,864 Mil. Therefore, NatWest Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 40.12%.

NatWest Group Effective Interest Rate on Debt % Historical Data

The historical data trend for NatWest Group'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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NatWest Group Effective Interest Rate on Debt % Chart

NatWest Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.32

4.15

2.94

4.70

17.61

NatWest Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	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															15.34	20.51	25.65	34.10	40.12

Competitive Comparison of NatWest Group's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, NatWest Group'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.

NatWest Group's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where NatWest Group's Effective Interest Rate on Debt % falls into.

NatWest Group Effective Interest Rate on Debt % Calculation

NatWest Group'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 * -12629.114	/	( (67376.37	+	76043.038)	/ 2 )
=	-1 * -12629.114	/	71709.704
=	17.61 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	67376.37	+	0
=	67376.37

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	76043.038	+	0
=	76043.038

NatWest Group'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 * -16794.936	/	( (7685.644	+	76043.038)	/ 2 )
=	-1 * -16794.936	/	41864.341
=	40.12 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7685.644	+	0
=	7685.644

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	76043.038	+	0
=	76043.038

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.

NatWest Group (NYSE:NWG) Effective Interest Rate on Debt % Explanation

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

NatWest Group Effective Interest Rate on Debt % Related Terms

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NatWest Group (NatWest Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NatWest Group PLC (NYSE:NWG) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

RBSPF:USA NWGl:UK NWG:UK RYSD:Germany RYSD:Germany RYSD:Germany RYSD:Germany N1WG34:Brazil

Address

Gogarburn, P.O. Box 1000, Edinburgh, GBR, EH12 1HQ

Website

https://www.natwestgroup.com

NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the U.K., offering clients lending and payment services as well as asset management services.