Spinneys 1961 Holding (DFM:SPINNEYS) Effective Interest Rate on Debt % : 5.28% (As of Mar. 2025)

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What is Spinneys 1961 Holding 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. Spinneys 1961 Holding's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was د.إ56 Mil. Spinneys 1961 Holding's average total debt for the quarter that ended in Mar. 2025 was د.إ1,057 Mil. Therefore, Spinneys 1961 Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.28%.

Spinneys 1961 Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for Spinneys 1961 Holding'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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Spinneys 1961 Holding Effective Interest Rate on Debt % Chart

Spinneys 1961 Holding Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

4.79

4.55

5.19

5.11

Spinneys 1961 Holding Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						5.15	5.14	5.29	5.28	5.28

Competitive Comparison of Spinneys 1961 Holding's Effective Interest Rate on Debt %

For the Grocery Stores subindustry, Spinneys 1961 Holding'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.

Spinneys 1961 Holding's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Spinneys 1961 Holding's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Spinneys 1961 Holding's Effective Interest Rate on Debt % falls into.

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Spinneys 1961 Holding Effective Interest Rate on Debt % Calculation

Spinneys 1961 Holding's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -50.977	/	( (930.274	+	1066.651)	/ 2 )
=	-1 * -50.977	/	998.4625
=	5.11 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	785.679	+	144.595
=	930.274

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	892.243	+	174.408
=	1066.651

Spinneys 1961 Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -55.792	/	( (1066.651	+	1046.834)	/ 2 )
=	-1 * -55.792	/	1056.7425
=	5.28 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	892.243	+	174.408
=	1066.651

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	865.564	+	181.27
=	1046.834

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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Spinneys 1961 Holding (DFM:SPINNEYS) Effective Interest Rate on Debt % Explanation

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

Spinneys 1961 Holding Effective Interest Rate on Debt % Related Terms

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Spinneys 1961 Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Spinneys 1961 Holding plc (DFM:SPINNEYS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nad Al Sheba First, 1st Floor, Meydan, ARE

Website

https://www.spinneys.com

Spinneys 1961 Holding plc with its subsidiaries engaged in the operation of supermarkets and grocery retailers in the United Arab Emirates, Sultanate of Oman, and Saudi Arabia. It has two geographic reportable segments United Arab Emirates (UAE) and the Sultanate of Oman (Oman), and Others. It generates the majority of its revenue from the United Arab Emirates (UAE).

Spinneys 1961 Holding Headlines

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