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Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Effective Interest Rate on Debt % : 16.30% (As of Sep. 2023)


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What is Zorlu Enerji Elektrik Uretim 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. Zorlu Enerji Elektrik Uretim AS's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₺6,691 Mil. Zorlu Enerji Elektrik Uretim AS's average total debt for the quarter that ended in Sep. 2023 was ₺41,045 Mil. Therefore, Zorlu Enerji Elektrik Uretim AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 16.30%.


Zorlu Enerji Elektrik Uretim AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Zorlu Enerji Elektrik Uretim 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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Zorlu Enerji Elektrik Uretim AS Effective Interest Rate on Debt % Chart

Zorlu Enerji Elektrik Uretim AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.21 14.10 11.36 10.59 12.61

Zorlu Enerji Elektrik Uretim AS 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 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 12.44 12.42 10.92 17.02 16.30

Competitive Comparison of Zorlu Enerji Elektrik Uretim AS's Effective Interest Rate on Debt %

For the Utilities - Diversified subindustry, Zorlu Enerji Elektrik Uretim 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.


Zorlu Enerji Elektrik Uretim AS's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Zorlu Enerji Elektrik Uretim AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Zorlu Enerji Elektrik Uretim AS's Effective Interest Rate on Debt % falls into.



Zorlu Enerji Elektrik Uretim AS Effective Interest Rate on Debt % Calculation

Zorlu Enerji Elektrik Uretim 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  *  -3669.948/( (23779.755+34416.426)/ 2 )
=-1  *  -3669.948/29098.0905
=12.61 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18174.197 + 5605.558
=23779.755

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=22708.925 + 11707.501
=34416.426

Zorlu Enerji Elektrik Uretim 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: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -6690.54/( (40374.343+41714.914)/ 2 )
=-1  *  -6690.54/41044.6285
=16.30 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26669.194 + 13705.149
=40374.343

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27498.341 + 14216.573
=41714.914

* 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.


Zorlu Enerji Elektrik Uretim AS  (IST:ZOREN) Effective Interest Rate on Debt % Explanation

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


Zorlu Enerji Elektrik Uretim AS Effective Interest Rate on Debt % Related Terms

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Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Caddesi, No: 199, Levent 199, Istanbul, TUR, 34394
Zorlu Enerji Elektrik Ueretimi AS together with its subsidiaries is engaged in establishing, renting and operating facilities of electrical energy production plant, producing electricity and trading electricity to the customers.

Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Headlines

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