Oman Flour Mills (MUS:OFMI) Effective Interest Rate on Debt % : 4.95% (As of Jun. 2019)

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What is Oman Flour Mills 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. Oman Flour Mills's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was ر.ع0.96 Mil. Oman Flour Mills's average total debt for the quarter that ended in Jun. 2019 was ر.ع19.40 Mil. Therefore, Oman Flour Mills's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 4.95%.

Oman Flour Mills Effective Interest Rate on Debt % Historical Data

The historical data trend for Oman Flour Mills'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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Oman Flour Mills Effective Interest Rate on Debt % Chart

Oman Flour Mills Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Effective Interest Rate on Debt %

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0.24

2.14

2.10

2.32

2.30

Oman Flour Mills Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Sep18	Mar19	Jun19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.16	-	-	3.53	4.95

Competitive Comparison of Oman Flour Mills's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Oman Flour Mills'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.

Oman Flour Mills's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oman Flour Mills's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Oman Flour Mills's Effective Interest Rate on Debt % falls into.

Oman Flour Mills Effective Interest Rate on Debt % Calculation

Oman Flour Mills's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2015 )	+	Total Debt (A: Jun. 2016 ))	/ count )
=	-1 * -0.281	/	( (12.578	+	11.9)	/ 2 )
=	-1 * -0.281	/	12.239
=	2.30 %

where

	Total Debt (A: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.386	+	1.192
=	12.578

	Total Debt (A: Jun. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.369	+	1.531
=	11.9

Oman Flour Mills's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2019 )	+	Total Debt (Q: Jun. 2019 ))	/ count )
=	-1 * -0.96	/	( (17.273	+	21.521)	/ 2 )
=	-1 * -0.96	/	19.397
=	4.95 %

where

	Total Debt (Q: Mar. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.653	+	2.62
=	17.273

	Total Debt (Q: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.057	+	7.464
=	21.521

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 (Jun. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Oman Flour Mills (MUS:OFMI) Effective Interest Rate on Debt % Explanation

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

Oman Flour Mills Effective Interest Rate on Debt % Related Terms

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Oman Flour Mills (MUS:OFMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Oman Flour Mills (MUS:OFMI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

P.O. Box 566, Ruwi, OMN, 112

Website

http://www.omanflourmills.com

Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the processing and sale of a flour mill and feed mill. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.

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