Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Effective Interest Rate on Debt %

: 56.95% (As of Sep. 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. Loma Negra Cia Industria Argentina's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $166.5 Mil. Loma Negra Cia Industria Argentina's average total debt for the quarter that ended in Sep. 2023 was $292.3 Mil. Therefore, Loma Negra Cia Industria Argentina's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 56.95%.

Loma Negra Cia Industria Argentina Effective Interest Rate on Debt % Historical Data

The historical data trend for Loma Negra Cia Industria Argentina'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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Loma Negra Cia Industria Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

6.43

17.05

44.21

12.65

39.09

Loma Negra Cia Industria Argentina 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 %																874.09	-635.93	52.67	56.73	56.95

Competitive Comparison

For the Building Materials subindustry, Loma Negra Cia Industria Argentina'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.

Loma Negra Cia Industria Argentina Effective Interest Rate on Debt % Distribution

For the Building Materials industry and Basic Materials sector, Loma Negra Cia Industria Argentina's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Loma Negra Cia Industria Argentina's Effective Interest Rate on Debt % falls into.

Loma Negra Cia Industria Argentina Effective Interest Rate on Debt % Calculation

Loma Negra Cia Industria Argentina'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 * -36.109	/	( (54.507	+	130.247)	/ 2 )
=	-1 * -36.109	/	92.377
=	39.09 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.227	+	42.28
=	54.507

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	63.602	+	66.645
=	130.247

Loma Negra Cia Industria Argentina'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 * -166.468	/	( (304.875	+	279.734)	/ 2 )
=	-1 * -166.468	/	292.3045
=	56.95 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	207.554	+	97.321
=	304.875

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	129.967	+	149.767
=	279.734

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.

Loma Negra Cia Industria Argentina (NYSE:LOMA) Effective Interest Rate on Debt % Explanation

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

Loma Negra Cia Industria Argentina Effective Interest Rate on Debt % Related Terms

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Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Loma Negra Cia Industria Argentina SA (NYSE:LOMA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

8LN:Germany LOMA:Argentina

Address

Boulevard Cecilia Grierson 355, Piso 4, 4th Floor, Buenos Aires, ARG, C1107CPG

Website

https://www.lomanegra.com

Loma Negra Cia Industria Argentina SA is a cement producer in Argentina. The company operates in five segments: Cement, masonry cement, and lime; Concrete; Rail services; Aggregates; and Others. The majority of its revenue comes from Cement, masonry cement, and lime segment.