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Enka Insaat Venayi AS (Enka Insaat Venayi AS) Effective Interest Rate on Debt % : 29.98% (As of Mar. 2024)


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What is Enka Insaat Venayi AS 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. Enka Insaat Venayi AS's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $36 Mil. Enka Insaat Venayi AS's average total debt for the quarter that ended in Mar. 2024 was $120 Mil. Therefore, Enka Insaat Venayi AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 29.98%.


Enka Insaat Venayi AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Enka Insaat Venayi AS'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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Enka Insaat Venayi AS Effective Interest Rate on Debt % Chart

Enka Insaat Venayi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 2.03 0.88 3.59 1.89

Enka Insaat Venayi AS 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.21 23.66 79.36 -193.73 29.98

Competitive Comparison of Enka Insaat Venayi AS's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Enka Insaat Venayi AS'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.


Enka Insaat Venayi AS's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Enka Insaat Venayi AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Enka Insaat Venayi AS's Effective Interest Rate on Debt % falls into.



Enka Insaat Venayi AS Effective Interest Rate on Debt % Calculation

Enka Insaat Venayi AS'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  *  -2.923/( (188.519+121.462)/ 2 )
=-1  *  -2.923/154.9905
=1.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=127.24 + 61.279
=188.519

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=116.998 + 4.464
=121.462

Enka Insaat Venayi AS'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  *  -36.028/( (121.462+118.847)/ 2 )
=-1  *  -36.028/120.1545
=29.98 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=116.998 + 4.464
=121.462

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=113.132 + 5.715
=118.847

* 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.

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.


Enka Insaat Venayi AS  (OTCPK:EKIVF) Effective Interest Rate on Debt % Explanation

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


Enka Insaat Venayi AS Effective Interest Rate on Debt % Related Terms

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Enka Insaat Venayi AS (Enka Insaat Venayi AS) Business Description

Traded in Other Exchanges
Address
Balmumcu Mah., Zincirlikuyu Yolu No:10, Enka Binas? Besiktas, Istanbul, TUR, 34349
Enka Insaat Ve Sanayi AS provides a full range of design, engineering, construction, and project management services in various sectors. It creates power plants, production facilities, transportation systems, and other construction projects. If needed, the company will engineer and fabricate structures for installation and modularization. Enka Insaat Ve Sanayi has four operating segments: construction contracts; rental, trade and manufacturing; and energy (the majority of total revenue). Additional revenue is generated from aftermarket support and services, and the company utilizes a mix of traditional engineering disciplines to produce results. The company derives the majority of its revenue from Turkey, but the company does operate in various European nations.

Enka Insaat Venayi AS (Enka Insaat Venayi AS) Headlines

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