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Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Societe Nationale d'Electrolyse et de Petrochimie 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. Societe Nationale d'Electrolyse et de Petrochimie's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was MAD0.0 Mil. Societe Nationale d'Electrolyse et de Petrochimie's average total debt for the quarter that ended in Dec. 2023 was MAD256.6 Mil. Therefore, Societe Nationale d'Electrolyse et de Petrochimie's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Societe Nationale d'Electrolyse et de Petrochimie Effective Interest Rate on Debt % Historical Data

The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

* Premium members only.

Societe Nationale d'Electrolyse et de Petrochimie Effective Interest Rate on Debt % Chart

Societe Nationale d'Electrolyse et de Petrochimie 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 7.79 3.59 2.39 7.25 0.63

Societe Nationale d'Electrolyse et de Petrochimie Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only 3.73 6.52 8.03 5.49 -

Competitive Comparison of Societe Nationale d'Electrolyse et de Petrochimie's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Societe Nationale d'Electrolyse et de Petrochimie'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.


Societe Nationale d'Electrolyse et de Petrochimie's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Societe Nationale d'Electrolyse et de Petrochimie's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Societe Nationale d'Electrolyse et de Petrochimie's Effective Interest Rate on Debt % falls into.



Societe Nationale d'Electrolyse et de Petrochimie Effective Interest Rate on Debt % Calculation

Societe Nationale d'Electrolyse et de Petrochimie'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  *  -1.722/( (288.398+260.262)/ 2 )
=-1  *  -1.722/274.33
=0.63 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=288.398 + 0
=288.398

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=260.262 + 0
=260.262

Societe Nationale d'Electrolyse et de Petrochimie'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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (252.853+260.262)/ 2 )
=-1  *  0/256.5575
=0.00 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=252.853 + 0
=252.853

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=260.262 + 0
=260.262

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


Societe Nationale d'Electrolyse et de Petrochimie  (CAS:SNP) Effective Interest Rate on Debt % Explanation

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


Societe Nationale d'Electrolyse et de Petrochimie Effective Interest Rate on Debt % Related Terms

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Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Business Description

Traded in Other Exchanges
N/A
Address
Route Cotiere N 111 - Mohammadia, Casablanca, MAR
Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.

Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Headlines

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