Taurus Armas (BSP:TASA3) Effective Interest Rate on Debt % : 12.26% (As of Dec. 2023)

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What is Taurus Armas 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. Taurus Armas's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was R$63 Mil. Taurus Armas's average total debt for the quarter that ended in Dec. 2023 was R$515 Mil. Therefore, Taurus Armas's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 12.26%.

Taurus Armas Effective Interest Rate on Debt % Historical Data

The historical data trend for Taurus Armas'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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Taurus Armas Effective Interest Rate on Debt % Chart

Taurus Armas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.80

5.37

4.94

7.21

9.56

Taurus Armas 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															7.74	10.27	39.06	39.95	12.26

Competitive Comparison of Taurus Armas's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Taurus Armas'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.

Taurus Armas's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taurus Armas's Effective Interest Rate on Debt % distribution charts can be found below:

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

Taurus Armas Effective Interest Rate on Debt % Calculation

Taurus Armas'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 * -48.606	/	( (488.225	+	529.118)	/ 2 )
=	-1 * -48.606	/	508.6715
=	9.56 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	95.258	+	392.967
=	488.225

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	115.983	+	413.135
=	529.118

Taurus Armas'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 * -63.216	/	( (501.727	+	529.118)	/ 2 )
=	-1 * -63.216	/	515.4225
=	12.26 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	101.478	+	400.249
=	501.727

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	115.983	+	413.135
=	529.118

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.

Taurus Armas (BSP:TASA3) Effective Interest Rate on Debt % Explanation

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

Taurus Armas Effective Interest Rate on Debt % Related Terms

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Taurus Armas (BSP:TASA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Taurus Armas SA (BSP:TASA3) » Definitions » Effective Interest Rate on Debt %

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TASA4:Brazil

Address

Avenida Sao Borja, Floor 2181, Building A - Fazenda Sao Borja, Sao Leopoldo, RS, BRA, 93035-411

Website

https://www.taurusarmas.com.br

Taurus Armas SA is a company engaged in the manufacturing of small firearms. The company operates in three segments: Firearms; Helmets; and Others, with industrial plants in the Rio Grande do Su, Brazil, and Miami, Florida, United States. The Firearms segment, which is the key revenue driver, includes handguns, long guns, and sub-machine guns.

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