Dubai Refreshments PSC (DFM:DRC) Effective Interest Rate on Debt % : 3.37% (As of Dec. 2023)

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What is Dubai Refreshments PSC 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. Dubai Refreshments PSC's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was د.إ3.2 Mil. Dubai Refreshments PSC's average total debt for the quarter that ended in Dec. 2023 was د.إ94.2 Mil. Therefore, Dubai Refreshments PSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.37%.

Dubai Refreshments PSC Effective Interest Rate on Debt % Historical Data

The historical data trend for Dubai Refreshments PSC'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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Dubai Refreshments PSC Effective Interest Rate on Debt % Chart

Dubai Refreshments PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.83

3.44

3.57

3.65

3.74

Dubai Refreshments PSC 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															4.17	3.57	3.82	3.66	3.37

Competitive Comparison of Dubai Refreshments PSC's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, Dubai Refreshments PSC'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.

Dubai Refreshments PSC's Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Dubai Refreshments PSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Dubai Refreshments PSC's Effective Interest Rate on Debt % falls into.

Dubai Refreshments PSC Effective Interest Rate on Debt % Calculation

Dubai Refreshments PSC'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 * -3.56	/	( (101.102	+	89.516)	/ 2 )
=	-1 * -3.56	/	95.309
=	3.74 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	87.19	+	13.912
=	101.102

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	80.287	+	9.229
=	89.516

Dubai Refreshments PSC'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 * -3.176	/	( (98.832	+	89.516)	/ 2 )
=	-1 * -3.176	/	94.174
=	3.37 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	87.717	+	11.115
=	98.832

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	80.287	+	9.229
=	89.516

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.

Dubai Refreshments PSC (DFM:DRC) Effective Interest Rate on Debt % Explanation

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

Dubai Refreshments PSC Effective Interest Rate on Debt % Related Terms

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Dubai Refreshments PSC (DFM:DRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Dubai Refreshments PSC (DFM:DRC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dubai Investment Park 2, Street 49, P.O Box 420, Dubai, ARE

Website

https://www.pepsidrc.com

Dubai Refreshments PSC is operating in the refreshments industry engaged in the canning, bottling, distribution, and trading of soft drinks and related beverages products. The Company is engaged in bottling and selling Pepsi Cola International products in Dubai, Sharjah, and the other Northern Emirates of UAE. The Company also exports Pepsi Cola International products from time to time to foreign countries after obtaining authorization from Pepsi Cola International. The Company holds 7Up and Aquafina bottling and selling rights for the whole of the UAE.

Dubai Refreshments PSC (DFM:DRC) Headlines

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