PZ Cussons Nigeria (NSA:PZ) Effective Interest Rate on Debt %

: 5.44% (As of Nov. 2023)

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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. PZ Cussons Nigeria's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was ₦2,273.46 Mil. PZ Cussons Nigeria's average total debt for the quarter that ended in Nov. 2023 was ₦41,797.17 Mil. Therefore, PZ Cussons Nigeria's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 5.44%.

PZ Cussons Nigeria Effective Interest Rate on Debt % Historical Data

The historical data trend for PZ Cussons Nigeria'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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PZ Cussons Nigeria Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Effective Interest Rate on Debt %

43.16

1.32

3.18

0.02

2.76

PZ Cussons Nigeria Semi-Annual Data
	Nov13	May14	Nov14	May15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Effective Interest Rate on Debt %																2.52	-5.39	5.85	-4.10	5.44

Competitive Comparison

For the Household & Personal Products subindustry, PZ Cussons Nigeria'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.

PZ Cussons Nigeria Effective Interest Rate on Debt % Distribution

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

* The bar in red indicates where PZ Cussons Nigeria's Effective Interest Rate on Debt % falls into.

PZ Cussons Nigeria Effective Interest Rate on Debt % Calculation

PZ Cussons Nigeria's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: May. 2022 )	+	Total Debt (A: May. 2023 ))	/ count )
=	-1 * -334.961	/	( (92.879	+	24216.154)	/ 2 )
=	-1 * -334.961	/	12154.5165
=	2.76 %

where

	Total Debt (A: May. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36.133	+	56.746
=	92.879

	Total Debt (A: May. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18843.223	+	5372.931
=	24216.154

PZ Cussons Nigeria's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2023 )	+	Total Debt (Q: Nov. 2023 ))	/ count )
=	-1 * -2273.464	/	( (24216.154	+	59378.185)	/ 2 )
=	-1 * -2273.464	/	41797.1695
=	5.44 %

where

	Total Debt (Q: May. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18843.223	+	5372.931
=	24216.154

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35714.444	+	23663.741
=	59378.185

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 (Nov. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

PZ Cussons Nigeria (NSA:PZ) Effective Interest Rate on Debt % Explanation

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

PZ Cussons Nigeria Effective Interest Rate on Debt % Related Terms

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PZ Cussons Nigeria (NSA:PZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PZ Cussons Nigeria PLC (NSA:PZ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3500 Aviator Way, Manchester Business Park, Manchester, GBR, M22 5TG

Website

http://www.pzcussons.com.ng

PZ Cussons Nigeria PLC manufactures, distributes and sells consumer products and home appliances. The company's operating segment includes Home and Personal Care Products and Durable Electrical Appliances. It generates maximum revenue from the Home and Personal Care Products segment. Home and Personal Care Products segment includes the production and sale of Morning Fresh, Zip, Canoe, Premier, Excel, Joy, Stella, Venus, Imperial Leather, Cussons Baby, Original Source, Carex, Robb, and others. The Durable Electrical Appliances segment includes the production and sale of Haier Thermocool Refrigerators, Freezers, Televisions, Generators, Air conditioners, Washing Machines and others. Geographically it derives revenue from Nigeria.

PZ Cussons Nigeria (NSA:PZ) Headlines

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