Irani Papel E Embalagem (BSP:RANI3) Effective Interest Rate on Debt % : 13.36% (As of Sep. 2023)

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What is Irani Papel E Embalagem 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. Irani Papel E Embalagem's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was R$233 Mil. Irani Papel E Embalagem's average total debt for the quarter that ended in Sep. 2023 was R$1,745 Mil. Therefore, Irani Papel E Embalagem's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 13.36%.

Irani Papel E Embalagem Effective Interest Rate on Debt % Historical Data

The historical data trend for Irani Papel E Embalagem'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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Irani Papel E Embalagem Effective Interest Rate on Debt % Chart

Irani Papel E Embalagem Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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11.34

15.76

9.06

8.33

9.49

Irani Papel E Embalagem Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															9.91	13.94	12.06	12.01	13.36

Competitive Comparison of Irani Papel E Embalagem's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, Irani Papel E Embalagem'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.

Irani Papel E Embalagem's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Irani Papel E Embalagem's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Irani Papel E Embalagem's Effective Interest Rate on Debt % falls into.

Irani Papel E Embalagem Effective Interest Rate on Debt % Calculation

Irani Papel E Embalagem'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 * -129.4	/	( (915.387	+	1812.862)	/ 2 )
=	-1 * -129.4	/	1364.1245
=	9.49 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	817.105	+	98.282
=	915.387

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1532.242	+	280.62
=	1812.862

Irani Papel E Embalagem'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: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -233.244	/	( (1877.198	+	1613.714)	/ 2 )
=	-1 * -233.244	/	1745.456
=	13.36 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1613.524	+	263.674
=	1877.198

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1580.632	+	33.082
=	1613.714

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.

Irani Papel E Embalagem (BSP:RANI3) Effective Interest Rate on Debt % Explanation

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

Irani Papel E Embalagem Effective Interest Rate on Debt % Related Terms

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Irani Papel E Embalagem (BSP:RANI3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Irani Papel E Embalagem SA (BSP:RANI3) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

Rua General Joao Manoel, 157, 9th Floor, Room 903, Porto Alegre, RS, BRA, 90010-030

Website

http://www.irani.com.br

Irani Papel E Embalagem SA is a paper packaging company. The company's reportable segments include corrugated cardboard (PO) packaging segment manufactures light and heavy corrugated cardboard boxes and sheets. Its packaging paper segment produces low and high-weight Kraft paper and recycled paper for the domestic and foreign markets. The RS forest and resins segment plants pine trees for their own consumption. It generates maximum revenue from the corrugated cardboard (PO) packaging segment.

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