Tanga Cement (DAR:TCPLC) Effective Interest Rate on Debt %: 0.00% (As of . 20)

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DAR:TCPLC Tanga Cement PLC DAR:TCPLC
33 GF Score
Price TZS3,420.00
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What is Tanga Cement Effective Interest Rate on Debt %?

Tanga Cement DAR:TCPLC +3.10% 33 Effective Interest Rate on Debt % is 0.00% as of . 20. GuruFocus rates DAR:TCPLC with a GF Score™ of 33/100.

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. Tanga Cement's annualized positive value of Interest Expense for the quarter that ended in . 20 was TZS Mil. Tanga Cement's average total debt for the quarter that ended in . 20 was TZS Mil. Therefore, Tanga Cement's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 was %.

Tanga Cement  (DAR:TCPLC) Effective Interest Rate on Debt % Explanation

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

Tanga Cement Effective Interest Rate on Debt % Related Terms

Tanga Cement Effective Interest Rate on Debt % Historical Data

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The historical data trend for Tanga Cement'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.

Tanga Cement Effective Interest Rate on Debt % Chart

Tanga Cement Annual Data
Trend
Effective Interest Rate on Debt %

Tanga Cement Semi-Annual Data
Effective Interest Rate on Debt %

DAR:TCPLC vs : Effective Interest Rate on Debt % Comparison

For the Building Materials subindustry, Tanga Cement'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.

Tanga Cement Effective Interest Rate on Debt % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tanga Cement's Effective Interest Rate on Debt % distribution charts can be found below:

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


DAR:TCPLC
33GF Score
Tanga Cement PLC DAR:TCPLC
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tanga Cement Effective Interest Rate on Debt % Calculation

Tanga Cement's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Tanga Cement's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: . 20 )+Total Debt  (Q: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

* 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 (. 20) 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 0.00% mean?
Tanga Cement (DAR:TCPLC) has a Effective Interest Rate on Debt % of 0.00% as of . 20. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Tanga Cement and its competitors.
Is Tanga Cement's Effective Interest Rate on Debt % too high?
Tanga Cement's current Effective Interest Rate on Debt % is 0.00%. Overall, Tanga Cement has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Tanga Cement's Effective Interest Rate on Debt % compare to ?
Tanga Cement's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Building Materials 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 a Building Materials company?
A good Effective Interest Rate on Debt % depends on the Building Materials 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 Tanga Cement and its competitors. Tanga Cement's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanga Cement stock overvalued right now?
Tanga Cement (DAR:TCPLC) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Tanga Cement's overall GF Score™ is 33/100. 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 Tanga Cement (DAR:TCPLC), the current Effective Interest Rate on Debt % is 0.00% as of . 20. 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.

Tanga Cement Business Description

Comparable Companies
Address Korogwe Road, Pongwe Factory Area, P O Box 5053, Tanga, TZA
Tanga Cement PLC formerly Tanga Cement Co Ltd is a supplier of cement in Tanzania. The company is a manufacturer of Simba cement brand products. Its main products include Simba imara-32.5R, Simba bora-42.5N and Simba barbara-32.5N.
33GF Score

Get the complete analysis for DAR:TCPLC

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

TZS3,420.00
Price