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. Sasol's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $500 Mil. Sasol's average total debt for the quarter that ended in Jun. 2023 was $7,447 Mil. Therefore, Sasol's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 6.71%.
Sasol Effective Interest Rate on Debt % Historical Data
The historical data trend for Sasol'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.
Competitive Comparison of Sasol's Effective Interest Rate on Debt %
For the Specialty Chemicals subindustry, Sasol'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.
Sasol's Effective Interest Rate on Debt % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sasol's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Sasol's Effective Interest Rate on Debt % falls into.
Sasol Effective Interest Rate on Debt % Calculation
Sasol's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as
* 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 two times the semi-annual (Jun. 2023) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Sasol (OTCPK:SASOF) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Sasol Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Sasol's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main segments: Energy business and Chemical business. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas. Geographically the company generates the majority of its revenue from South Africa.
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