Fortune Shoes (DHA:FORTUNE) Effective Interest Rate on Debt %: 0.00% (As of . 20)

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DHA:FORTUNE Fortune Shoes Ltd DHA:FORTUNE
28 GF Score
Price BDT19.30
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What is Fortune Shoes Effective Interest Rate on Debt %?

Fortune Shoes DHA:FORTUNE -2.03% 28 Effective Interest Rate on Debt % is 0.00% as of . 20. GuruFocus rates DHA:FORTUNE with a GF Score™ of 28/100.

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


Fortune Shoes  (DHA:FORTUNE) Effective Interest Rate on Debt % Explanation

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


Fortune Shoes Effective Interest Rate on Debt % Related Terms


Fortune Shoes Effective Interest Rate on Debt % Historical Data

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The historical data trend for Fortune Shoes'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.

Fortune Shoes Effective Interest Rate on Debt % Chart

Fortune Shoes Annual Data
Trend
Effective Interest Rate on Debt %

Fortune Shoes Semi-Annual Data
Effective Interest Rate on Debt %

Fortune Shoes Effective Interest Rate on Debt % Competitor Comparison

For the Footwear & Accessories subindustry, Fortune Shoes'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.


Fortune Shoes Effective Interest Rate on Debt % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fortune Shoes's Effective Interest Rate on Debt % distribution charts can be found below:

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


DHA:FORTUNE
28GF Score
Fortune Shoes Ltd DHA:FORTUNE
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Shoes Effective Interest Rate on Debt % Calculation

Fortune Shoes'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

Fortune Shoes'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

* 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?
Fortune Shoes (DHA:FORTUNE) 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 Fortune Shoes and its competitors.
Is Fortune Shoes' Effective Interest Rate on Debt % too high?
Fortune Shoes' current Effective Interest Rate on Debt % is 0.00%. Overall, Fortune Shoes has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Shoes' Effective Interest Rate on Debt % compare to competitors?
Fortune Shoes' Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Effective Interest Rate on Debt % depends on the Manufacturing - Apparel & Accessories 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 Fortune Shoes and its competitors. Fortune Shoes'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 Fortune Shoes stock overvalued right now?
Fortune Shoes (DHA:FORTUNE) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Fortune Shoes' overall GF Score™ is 28/100. 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 Fortune Shoes (DHA:FORTUNE), 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.

Fortune Shoes Business Description

Address Road No. 08, Plot No. 34 & 36, Block E, Suite C-3, Moon Island, Gulshan-1, Niketon, Dhaka, BGD, 1212
Fortune Shoes Ltd is engaged in manufacturing and exporting leather shoes and footwear.
28GF Score

Get the complete analysis for DHA:FORTUNE

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

BDT19.30
Price