Abu Dhabi Ship Building PJSC (ADX:ADSB) Effective Interest Rate on Debt %: 13.59% (As of Dec. 2023)

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ADX:ADSB Abu Dhabi Ship Building PJSC ADX:ADSB
5 GF Score
Price د.إ7.85
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What is Abu Dhabi Ship Building PJSC Effective Interest Rate on Debt %?

Abu Dhabi Ship Building PJSC ADX:ADSB +0.26% 5 Effective Interest Rate on Debt % is 13.59% as of Dec. 2023. GuruFocus rates ADX:ADSB with a GF Score™ of 5/100.

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. Abu Dhabi Ship Building PJSC's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was د.إ4 Mil. Abu Dhabi Ship Building PJSC's average total debt for the quarter that ended in Dec. 2023 was د.إ27 Mil. Therefore, Abu Dhabi Ship Building PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 13.59%.


Abu Dhabi Ship Building PJSC  (ADX:ADSB) Effective Interest Rate on Debt % Explanation

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


Abu Dhabi Ship Building PJSC Effective Interest Rate on Debt % Related Terms


Abu Dhabi Ship Building PJSC Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Abu Dhabi Ship Building PJSC'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.

Abu Dhabi Ship Building PJSC Effective Interest Rate on Debt % Chart

Abu Dhabi Ship Building PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 1.87 3.03 2.61 13.59

Abu Dhabi Ship Building PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 2.68 1.87 3.03 2.61 13.59

ADX:ADSB vs GE, RTX, BA: Effective Interest Rate on Debt % Comparison

For the Aerospace & Defense subindustry, Abu Dhabi Ship Building PJSC'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.


Abu Dhabi Ship Building PJSC Effective Interest Rate on Debt % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Abu Dhabi Ship Building PJSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Ship Building PJSC's Effective Interest Rate on Debt % falls into.


ADX:ADSB
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Abu Dhabi Ship Building PJSC ADX:ADSB
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Abu Dhabi Ship Building PJSC Effective Interest Rate on Debt % Calculation

Abu Dhabi Ship Building PJSC's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -3.713/( (46.564+8.079)/ 2 )
=-1  *  -3.713/27.3215
=13.59 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.067 + 38.497
=46.564

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.917 + 2.162
=8.079

Abu Dhabi Ship Building PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -3.713/( (46.564+8.079)/ 2 )
=-1  *  -3.713/27.3215
=13.59 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.067 + 38.497
=46.564

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.917 + 2.162
=8.079

* 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 one times the annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 13.59% mean?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a Effective Interest Rate on Debt % of 13.59% as of Dec. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Abu Dhabi Ship Building PJSC and its competitors.
Is Abu Dhabi Ship Building PJSC's Effective Interest Rate on Debt % too high?
Abu Dhabi Ship Building PJSC's current Effective Interest Rate on Debt % is 13.59%. Overall, Abu Dhabi Ship Building PJSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi Ship Building PJSC's Effective Interest Rate on Debt % compare to GE and RTX?
Abu Dhabi Ship Building PJSC's Effective Interest Rate on Debt % of 13.59% can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Aerospace & Defense company?
A good Effective Interest Rate on Debt % depends on the Aerospace & Defense industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Abu Dhabi Ship Building PJSC and its competitors. Abu Dhabi Ship Building PJSC's current Effective Interest Rate on Debt % is 13.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi Ship Building PJSC stock overvalued right now?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a current Effective Interest Rate on Debt % of 13.59%. The current Effective Interest Rate on Debt % is 13.59%. Abu Dhabi Ship Building PJSC's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Abu Dhabi Ship Building PJSC (ADX:ADSB), the current Effective Interest Rate on Debt % is 13.59% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abu Dhabi Ship Building PJSC Business Description

Address Musafah Industrial Area, P.O. Box 8922, Abu Dhabi, ARE
Abu Dhabi Ship Building PJSC is a shipbuilder and support services contractor locally and internationally. Its operating segments include New Build and Engineering; Small Boats; Military Repairs and Maintenance; Commercial Repairs and Maintenance and Combat System Integration. It generates maximum revenue from the New Build and Engineering services segment. It provides the design, engineering, research and development, construction, commissioning, test and trials, ILS, upgrades, conversions, and consultancy services for military, commercial, and leisure vessels in any construction material.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ7.85
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