FAR Chemical Industry (DHA:FARCHEM) Effective Interest Rate on Debt % : 9.82% (As of Dec. 2024)

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What is FAR Chemical Industry 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. FAR Chemical Industry's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was BDT225 Mil. FAR Chemical Industry's average total debt for the quarter that ended in Dec. 2024 was BDT2,292 Mil. Therefore, FAR Chemical Industry's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 9.82%.

FAR Chemical Industry Effective Interest Rate on Debt % Historical Data

The historical data trend for FAR Chemical Industry'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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FAR Chemical Industry Effective Interest Rate on Debt % Chart

FAR Chemical Industry Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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27.43

0.49

0.14

4.47

6.60

FAR Chemical Industry Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.04	5.41	9.33	6.47	9.82

Competitive Comparison of FAR Chemical Industry's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, FAR Chemical Industry'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.

FAR Chemical Industry's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FAR Chemical Industry's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where FAR Chemical Industry's Effective Interest Rate on Debt % falls into.

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FAR Chemical Industry Effective Interest Rate on Debt % Calculation

FAR Chemical Industry's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -139.541	/	( (2148.058	+	2079.151)	/ 2 )
=	-1 * -139.541	/	2113.6045
=	6.60 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	165.896	+	1982.162
=	2148.058

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	201.002	+	1878.149
=	2079.151

FAR Chemical Industry's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -225.032	/	( (2317.44	+	2266.36)	/ 2 )
=	-1 * -225.032	/	2291.9
=	9.82 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	183.575	+	2133.865
=	2317.44

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	178.383	+	2087.977
=	2266.36

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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

FAR Chemical Industry (DHA:FARCHEM) Effective Interest Rate on Debt % Explanation

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

FAR Chemical Industry Effective Interest Rate on Debt % Related Terms

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FAR Chemical Industry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FAR Chemical Industry Ltd (DHA:FARCHEM) » Definitions » Effective Interest Rate on Debt %

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Address

Road No. 12, House No. 11 (Floor: 5A), Block-F, Niketon, Gulshan-1, Dhaka, BGD, 1212

Website

https://www.farchemicaltextile.com

FAR Chemical Industry Ltd operates in the textile dyeing chemical industry. The principal activities of the company are to manufacture and export chemical products to different export-oriented textiles, dyeing, and apparel industries. Its product range consists of Softening agent, Scouring agent, Anti-foaming agent, Leveling agent, Fixing agent, Retarding agent, Stabilizer, Bleaching agent, and other chemical products. The company generates all of its revenue from the sale of Yarn.

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