IHS Holding (IHS Holding) Effective Interest Rate on Debt % : 10.75% (As of Dec. 2023)

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What is IHS Holding 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. IHS Holding's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $443 Mil. IHS Holding's average total debt for the quarter that ended in Dec. 2023 was $4,124 Mil. Therefore, IHS Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 10.75%.

IHS Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for IHS Holding'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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IHS Holding Effective Interest Rate on Debt % Chart

IHS Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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9.44

8.92

7.88

9.45

11.08

IHS Holding Quarterly Data
	Dec18	Dec19	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												10.02	10.15	11.41	11.54	10.75

Competitive Comparison of IHS Holding's Effective Interest Rate on Debt %

For the Telecom Services subindustry, IHS Holding'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.

IHS Holding's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, IHS Holding's Effective Interest Rate on Debt % distribution charts can be found below:

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

IHS Holding Effective Interest Rate on Debt % Calculation

IHS Holding'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 * -446.593	/	( (3949.96	+	4112.841)	/ 2 )
=	-1 * -446.593	/	4031.4005
=	11.08 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3424.606	+	525.354
=	3949.96

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3567.534	+	545.307
=	4112.841

IHS Holding'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 * -443.456	/	( (4136.061	+	4112.841)	/ 2 )
=	-1 * -443.456	/	4124.451
=	10.75 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3591.222	+	544.839
=	4136.061

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3567.534	+	545.307
=	4112.841

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.

IHS Holding (NYSE:IHS) Effective Interest Rate on Debt % Explanation

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

IHS Holding Effective Interest Rate on Debt % Related Terms

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IHS Holding (IHS Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IHS Holding Ltd (NYSE:IHS) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

4JB:Germany

Address

123 Victoria Street, 1 Cathedral Piazza, London, GBR, SW1E 5BP

Website

https://www.ihstowers.com

IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, most of who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria, Sub-Saharan Africa, Middle East and North Africa (MENA), and Latin America (Latam). The majority of its revenue is derived from Nigeria.