Jahez International Co for Information and Technology (SAU:9526) Effective Interest Rate on Debt % : 4.65% (As of Dec. 2023)

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What is Jahez International Co for Information and Technology 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. Jahez International Co for Information and Technology's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ﷼5 Mil. Jahez International Co for Information and Technology's average total debt for the quarter that ended in Dec. 2023 was ﷼106 Mil. Therefore, Jahez International Co for Information and Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.65%.

Jahez International Co for Information and Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for Jahez International Co for Information and Technology'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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Jahez International Co for Information and Technology Effective Interest Rate on Debt % Chart

Jahez International Co for Information and Technology Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

2.09

4.07

4.81

Jahez International Co for Information and Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			2.64	4.54	6.05	4.92	4.65

Competitive Comparison of Jahez International Co for Information and Technology's Effective Interest Rate on Debt %

For the Internet Retail subindustry, Jahez International Co for Information and Technology'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.

Jahez International Co for Information and Technology's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jahez International Co for Information and Technology's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Jahez International Co for Information and Technology's Effective Interest Rate on Debt % falls into.

Jahez International Co for Information and Technology Effective Interest Rate on Debt % Calculation

Jahez International Co for Information and Technology'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 * -5.457	/	( (129.002	+	97.89)	/ 2 )
=	-1 * -5.457	/	113.446
=	4.81 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	96.834	+	32.168
=	129.002

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	63.002	+	34.888
=	97.89

Jahez International Co for Information and Technology'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -4.932	/	( (114.259	+	97.89)	/ 2 )
=	-1 * -4.932	/	106.0745
=	4.65 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	85.128	+	29.131
=	114.259

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	63.002	+	34.888
=	97.89

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Jahez International Co for Information and Technology (SAU:9526) Effective Interest Rate on Debt % Explanation

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

Jahez International Co for Information and Technology Effective Interest Rate on Debt % Related Terms

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Jahez International Co for Information and Technology (SAU:9526) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jahez International Co for Information and Technology (SAU:9526) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2065, King Abdullah bin Abdulaziz Road, P.O. Box 2065, Al-Waha District 8594, Riyadh, SAU, 12444

Website

https://www.jahezgroup.com

Jahez International Co for Information and Technology operates as an online food delivery platform, connecting users, merchants, and delivery partners across the Kingdom. It engages in providing wireless data services, systems analysis, designing and programming software and providing delivery services via e-platforms.

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