GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ofis Yem Gida Sanayi ve Ticaret AS (IST:OFSYM) » Definitions » Effective Interest Rate on Debt %

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Effective Interest Rate on Debt % : 30.87% (As of Sep. 2023)


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What is Ofis Yem Gidanayi ve Ticaret 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. Ofis Yem Gidanayi ve Ticaret AS's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₺400 Mil. Ofis Yem Gidanayi ve Ticaret AS's average total debt for the quarter that ended in Sep. 2023 was ₺1,296 Mil. Therefore, Ofis Yem Gidanayi ve Ticaret AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 30.87%.

Ofis Yem Gidanayi ve Ticaret AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Ofis Yem Gidanayi ve Ticaret 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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Ofis Yem Gidanayi ve Ticaret AS Effective Interest Rate on Debt % Chart

Ofis Yem Gidanayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
16.47 26.02 29.49

Ofis Yem Gidanayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial 36.22 - 24.16 24.21 30.87

Competitive Comparison of Ofis Yem Gidanayi ve Ticaret AS's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Ofis Yem Gidanayi ve Ticaret 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.

Ofis Yem Gidanayi ve Ticaret AS's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ofis Yem Gidanayi ve Ticaret AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ofis Yem Gidanayi ve Ticaret AS's Effective Interest Rate on Debt % falls into.


Ofis Yem Gidanayi ve Ticaret AS Effective Interest Rate on Debt % Calculation

Ofis Yem Gidanayi ve Ticaret AS's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -269.351/( (458.214+1368.416)/ 2 )
=-1  *  -269.351/913.315
=29.49 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.494 + 436.72
=458.214

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=256.693 + 1111.723
=1368.416

Ofis Yem Gidanayi ve Ticaret AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -400.004/( (1457.724+1134.155)/ 2 )
=-1  *  -400.004/1295.9395
=30.87 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=255.014 + 1202.71
=1457.724

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=225.123 + 909.032
=1134.155

* 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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Ofis Yem Gidanayi ve Ticaret AS  (IST:OFSYM) Effective Interest Rate on Debt % Explanation

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

Ofis Yem Gidanayi ve Ticaret AS Effective Interest Rate on Debt % Related Terms

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Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ofis Yem Gida Sanayi ve Ticaret AS (IST:OFSYM) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Mustafa Kemal Mah. Dumlupinar,, Bulv. No:266, Number 15-16 06510, Tepe Prime Business Center Block C, Mezzanine Floor, Ankara District, Çankaya, TUR
Website
https://www.ofisyem.com.tr
Ofis Yem Gida Sanayi ve Ticaret AS operates in the Other Animal Food Manufacturing industry. The company's line of business includes the manufacturing of prepared feeds and feed ingredients for animals and fowls.

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Headlines

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