GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Emirates Integrated Telecommunications Co PJSC (DFM:DU) » Definitions » Effective Interest Rate on Debt %

Emirates Integrated Telecommunications Co PJSC (DFM:DU) Effective Interest Rate on Debt % : 5.68% (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Emirates Integrated Telecommunications Co PJSC 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. Emirates Integrated Telecommunications Co PJSC's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was د.إ115 Mil. Emirates Integrated Telecommunications Co PJSC's average total debt for the quarter that ended in Mar. 2024 was د.إ2,032 Mil. Therefore, Emirates Integrated Telecommunications Co PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.68%.


Emirates Integrated Telecommunications Co PJSC Effective Interest Rate on Debt % Historical Data

The historical data trend for Emirates Integrated Telecommunications Co PJSC'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.

* Premium members only.

Emirates Integrated Telecommunications Co PJSC Effective Interest Rate on Debt % Chart

Emirates Integrated Telecommunications Co PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.28 4.34 4.49 4.17 4.87

Emirates Integrated Telecommunications Co PJSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.66 5.68 3.88 3.85 5.68

Competitive Comparison of Emirates Integrated Telecommunications Co PJSC's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Emirates Integrated Telecommunications Co PJSC'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.


Emirates Integrated Telecommunications Co PJSC's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Emirates Integrated Telecommunications Co PJSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Emirates Integrated Telecommunications Co PJSC's Effective Interest Rate on Debt % falls into.



Emirates Integrated Telecommunications Co PJSC Effective Interest Rate on Debt % Calculation

Emirates Integrated Telecommunications Co PJSC'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  *  -101.43/( (2059.211+2104.959)/ 2 )
=-1  *  -101.43/2082.085
=4.87 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1321.259 + 737.952
=2059.211

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1455.374 + 649.585
=2104.959

Emirates Integrated Telecommunications Co PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -115.368/( (2104.959+1959.113)/ 2 )
=-1  *  -115.368/2032.036
=5.68 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1455.374 + 649.585
=2104.959

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1365.323 + 593.79
=1959.113

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Emirates Integrated Telecommunications Co PJSC  (DFM:DU) Effective Interest Rate on Debt % Explanation

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


Emirates Integrated Telecommunications Co PJSC Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Emirates Integrated Telecommunications Co PJSC's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Emirates Integrated Telecommunications Co PJSC (DFM:DU) Business Description

Traded in Other Exchanges
N/A
Address
Al Salam Tower, Dubai Media City, P.O. Box 502666, Dubai, ARE
Emirates Integrated Telecommunications Co PJSC is a telecommunication service provider. The company provides telecommunications and entertainment services to customers in the UAE. It is organized into four business segments: Mobile, Fixed, Wholesale, and Others Segment. Mobile Segment, which derives the company's revenue, offers mobility services to the enterprise and consumer market; the Fixed Segment provides wireline services; Wholesale Segment provides voice and data services to national and international carriers and operators, and Others include broadcasting services, international roaming, site sharing, etc.

Emirates Integrated Telecommunications Co PJSC (DFM:DU) Headlines

No Headlines