Sao Martinho (BSP:SMTO3) Effective Interest Rate on Debt % : 7.88% (As of Dec. 2023)

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What is Sao Martinho 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. Sao Martinho's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was R$545 Mil. Sao Martinho's average total debt for the quarter that ended in Dec. 2023 was R$6,916 Mil. Therefore, Sao Martinho's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.88%.

Sao Martinho Effective Interest Rate on Debt % Historical Data

The historical data trend for Sao Martinho'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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Sao Martinho Effective Interest Rate on Debt % Chart

Sao Martinho Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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6.77

5.72

3.82

6.07

8.99

Sao Martinho 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															8.27	12.55	11.14	7.72	7.88

Competitive Comparison of Sao Martinho's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Sao Martinho'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.

Sao Martinho's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sao Martinho's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sao Martinho Effective Interest Rate on Debt % Calculation

Sao Martinho's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -621.858	/	( (6509.881	+	7325.966)	/ 2 )
=	-1 * -621.858	/	6917.9235
=	8.99 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5845.891	+	663.99
=	6509.881

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6181.602	+	1144.364
=	7325.966

Sao Martinho'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 * -544.816	/	( (6743.626	+	7087.383)	/ 2 )
=	-1 * -544.816	/	6915.5045
=	7.88 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6005.837	+	737.789
=	6743.626

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6294.383	+	793
=	7087.383

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.

Sao Martinho (BSP:SMTO3) Effective Interest Rate on Debt % Explanation

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

Sao Martinho Effective Interest Rate on Debt % Related Terms

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Sao Martinho (BSP:SMTO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sao Martinho SA (BSP:SMTO3) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000

Website

https://www.saomartinho.com.br

Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.

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