Philippine Business Bank (PHS:PBB) Effective Interest Rate on Debt % : 64.33% (As of Mar. 2024)

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What is Philippine Business 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. Philippine Business Bank's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₱3,579 Mil. Philippine Business Bank's average total debt for the quarter that ended in Mar. 2024 was ₱5,563 Mil. Therefore, Philippine Business Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 64.33%.

Philippine Business Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Philippine Business 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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Philippine Business Bank Effective Interest Rate on Debt % Chart

Philippine Business Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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72.96

40.79

25.63

36.77

74.54

Philippine Business Bank 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															105.65	88.87	91.10	85.29	64.33

Competitive Comparison of Philippine Business Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Philippine Business 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.

Philippine Business Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Philippine Business Bank's Effective Interest Rate on Debt % falls into.

Philippine Business Bank Effective Interest Rate on Debt % Calculation

Philippine Business Bank'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 * -2874.207	/	( (2368.334	+	5343.829)	/ 2 )
=	-1 * -2874.207	/	3856.0815
=	74.54 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2368.334	+	0
=	2368.334

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5343.829	+	0
=	5343.829

Philippine Business Bank'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 * -3579.024	/	( (5343.829	+	5782.724)	/ 2 )
=	-1 * -3579.024	/	5563.2765
=	64.33 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5343.829	+	0
=	5343.829

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5782.724	+	0
=	5782.724

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.

Philippine Business Bank (PHS:PBB) Effective Interest Rate on Debt % Explanation

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

Philippine Business Bank Effective Interest Rate on Debt % Related Terms

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Philippine Business Bank (PHS:PBB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Philippine Business Bank (PHS:PBB) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400

Website

https://www.pbb.com.ph

Philippine Business Bank engages in the business of thrift banking. It provides banking and financial services. The company's operating segments are Consumer Banking which includes auto financing, home financing, and salary or personal loans; Corporate Banking which includes term loans, working capital credit lines, bills purchase, and discounting lines; Treasury Operations engages in managing the liquidity of the Bank and its trading and investment activities; and Retail Banking includes the branch banking operations.. The majority of its revenue comes from the Corporate Banking segment.

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