Housing & Development Bank (CAI:HDBK) Effective Interest Rate on Debt % : 644.27% (As of Sep. 2023)

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What is Housing & Development 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. Housing & Development Bank's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was E£6,853 Mil. Housing & Development Bank's average total debt for the quarter that ended in Sep. 2023 was E£1,064 Mil. Therefore, Housing & Development Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 644.27%.

Housing & Development Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Housing & Development 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.

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Housing & Development Bank Effective Interest Rate on Debt % Chart

Housing & Development Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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2,058.37

756.20

489.29

475.95

410.31

Housing & Development Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	411.73	477.31	538.77	644.27

Competitive Comparison of Housing & Development Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Housing & Development 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.

Housing & Development Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Housing & Development Bank's Effective Interest Rate on Debt % falls into.

Housing & Development Bank Effective Interest Rate on Debt % Calculation

Housing & Development Bank'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 * -5120.239	/	( (1065.965	+	1429.808)	/ 2 )
=	-1 * -5120.239	/	1247.8865
=	410.31 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1065.965	+	0
=	1065.965

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1429.808	+	0
=	1429.808

Housing & Development Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -6853.336	/	( (1102.879	+	1024.585)	/ 2 )
=	-1 * -6853.336	/	1063.732
=	644.27 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1102.879	+	0
=	1102.879

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1024.585	+	0
=	1024.585

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

Housing & Development Bank (CAI:HDBK) Effective Interest Rate on Debt % Explanation

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

Housing & Development Bank Effective Interest Rate on Debt % Related Terms

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Housing & Development Bank (CAI:HDBK) Business Description

Industry

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Address

26 El Kroum Street, Mohandessin, Giza, EGY

Website

https://www.hdb-egy.com

Housing & Development Bank operates as a bank in the Arab Republic of Egypt. The company provides loans and other services to financial institutions, agricultural, industrial institutions, commercial, services, real estate activity and governmental sector. It operates its business in four segments which are Corporate, Medium and Small Sized Enterprise, Investments, Retail and Other Activities.

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