S Alam Cold Rolled Steels (DHA:SALAMCRST) Effective Interest Rate on Debt % : 3.54% (As of Dec. 2023)

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What is S Alam Cold Rolled Steels 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. S Alam Cold Rolled Steels's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was BDT674 Mil. S Alam Cold Rolled Steels's average total debt for the quarter that ended in Dec. 2023 was BDT19,035 Mil. Therefore, S Alam Cold Rolled Steels's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.54%.

S Alam Cold Rolled Steels Effective Interest Rate on Debt % Historical Data

The historical data trend for S Alam Cold Rolled Steels'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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S Alam Cold Rolled Steels Effective Interest Rate on Debt % Chart

S Alam Cold Rolled Steels Annual Data

Trend

Sep13

Sep14

Sep15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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3.96

4.28

4.19

4.06

5.23

S Alam Cold Rolled Steels Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.41	5.85	3.24	4.27	3.54

Competitive Comparison of S Alam Cold Rolled Steels's Effective Interest Rate on Debt %

For the Steel subindustry, S Alam Cold Rolled Steels'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.

S Alam Cold Rolled Steels's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, S Alam Cold Rolled Steels's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where S Alam Cold Rolled Steels's Effective Interest Rate on Debt % falls into.

S Alam Cold Rolled Steels Effective Interest Rate on Debt % Calculation

S Alam Cold Rolled Steels's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -637.775	/	( (10267.31	+	14121.196)	/ 2 )
=	-1 * -637.775	/	12194.253
=	5.23 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10267.31
=	10267.31

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	14121.196
=	14121.196

S Alam Cold Rolled Steels'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -673.748	/	( (18891.978	+	19178.865)	/ 2 )
=	-1 * -673.748	/	19035.4215
=	3.54 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	18891.978
=	18891.978

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	19178.865
=	19178.865

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

S Alam Cold Rolled Steels (DHA:SALAMCRST) Effective Interest Rate on Debt % Explanation

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

S Alam Cold Rolled Steels Effective Interest Rate on Debt % Related Terms

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S Alam Cold Rolled Steels (DHA:SALAMCRST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » S Alam Cold Rolled Steels Ltd (DHA:SALAMCRST) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119

Website

https://www.s.alamgroupbd.com

S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.

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