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Orascom Financial HoldingE (CAI:OFH) Effective Interest Rate on Debt % : 19.76% (As of Jun. 2024)


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What is Orascom Financial HoldingE 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. Orascom Financial HoldingE's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was E£2.98 Mil. Orascom Financial HoldingE's average total debt for the quarter that ended in Jun. 2024 was E£15.06 Mil. Therefore, Orascom Financial HoldingE's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 19.76%.


Orascom Financial HoldingE Effective Interest Rate on Debt % Historical Data

The historical data trend for Orascom Financial HoldingE'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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Orascom Financial HoldingE Effective Interest Rate on Debt % Chart

Orascom Financial HoldingE Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 0.13 15.21

Orascom Financial HoldingE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 8.63 8.20 - 21.75 19.76

Competitive Comparison of Orascom Financial HoldingE's Effective Interest Rate on Debt %

For the Asset Management subindustry, Orascom Financial HoldingE'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.


Orascom Financial HoldingE's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Orascom Financial HoldingE's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Orascom Financial HoldingE's Effective Interest Rate on Debt % falls into.



Orascom Financial HoldingE Effective Interest Rate on Debt % Calculation

Orascom Financial HoldingE'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  *  -1.056/( (5.934+7.953)/ 2 )
=-1  *  -1.056/6.9435
=15.21 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.391 + 2.543
=5.934

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.561 + 3.392
=7.953

Orascom Financial HoldingE's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -2.976/( (15.989+14.135)/ 2 )
=-1  *  -2.976/15.062
=19.76 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.935 + 6.054
=15.989

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.011 + 6.124
=14.135

* 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 four times the quarterly (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Orascom Financial HoldingE  (CAI:OFH) Effective Interest Rate on Debt % Explanation

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


Orascom Financial HoldingE Effective Interest Rate on Debt % Related Terms

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Orascom Financial HoldingE Business Description

Traded in Other Exchanges
N/A
Address
Abu Al Feda Administrative Tower,, Zamalek, Cairo, EGY, 11221
Orascom Financial Holding SAE is an investment management company. The company invests in the financial technology business, telecom business, and in destination development projects. Its operating segments include Non-banking financial activities and others.

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