Swvl Holdings (Swvl Holdings) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2023)

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What is Swvl Holdings 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. Swvl Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.00 Mil. Swvl Holdings's average total debt for the quarter that ended in Jun. 2023 was $2.24 Mil. Therefore, Swvl Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.00%.

Swvl Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Swvl Holdings'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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Swvl Holdings Effective Interest Rate on Debt % Chart

Swvl Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

11.72

6.17

3.71

1.84

Swvl Holdings Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					-227.18	-	29.02	-293.05	-

Competitive Comparison of Swvl Holdings's Effective Interest Rate on Debt %

For the Software - Application subindustry, Swvl Holdings'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.

Swvl Holdings's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Swvl Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Swvl Holdings's Effective Interest Rate on Debt % falls into.

Swvl Holdings Effective Interest Rate on Debt % Calculation

Swvl Holdings'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 * -0.756	/	( (79.646	+	2.343)	/ 2 )
=	-1 * -0.756	/	40.9945
=	1.84 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.299	+	76.347
=	79.646

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.592	+	0.751
=	2.343

Swvl Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * 0	/	( (2.343	+	2.129)	/ 2 )
=	-1 * 0	/	2.236
=	0.00 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.592	+	0.751
=	2.343

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.393	+	0.736
=	2.129

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

Swvl Holdings (NAS:SWVL) Effective Interest Rate on Debt % Explanation

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

Swvl Holdings Effective Interest Rate on Debt % Related Terms

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Swvl Holdings (Swvl Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Swvl Holdings Corp (NAS:SWVL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Offices 4, One Central, Dubai World Trade Centre, Dubai, ARE

Website

https://www.swvl.com

Swvl Holdings Corp is a technology-driven mobility company that aims to provide reliable, safe, cost-effective and environmentally responsible mass transit solutions. Its technology and services provide commuters, travelers and businesses with an alternative to traditional public transportation, taxi companies or other ridesharing companies. The company's core product is B2C Swvl Retail offering, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities. Commuters use its Swvl mobile application to book rides between pre-defined pick-up points located throughout the city.