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Air Astana JSC (FRA:7YH) Effective Interest Rate on Debt % : 0.62% (As of Mar. 2024)


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What is Air Astana JSC 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. Air Astana JSC's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €4.0 Mil. Air Astana JSC's average total debt for the quarter that ended in Mar. 2024 was €658.1 Mil. Therefore, Air Astana JSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.62%.

Air Astana JSC Effective Interest Rate on Debt % Historical Data

The historical data trend for Air Astana JSC'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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Air Astana JSC Effective Interest Rate on Debt % Chart

Air Astana JSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
4.00 5.89 5.14 6.66

Air Astana JSC Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial 4.90 0.75 7.19 6.28 0.62

Competitive Comparison of Air Astana JSC's Effective Interest Rate on Debt %

For the Airlines subindustry, Air Astana JSC'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.

Air Astana JSC's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Astana JSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Air Astana JSC's Effective Interest Rate on Debt % falls into.


Air Astana JSC Effective Interest Rate on Debt % Calculation

Air Astana JSC's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -45.205/( (698.159+658.819)/ 2 )
=-1  *  -45.205/678.489
=6.66 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=542.081 + 156.078
=698.159

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=498.16 + 160.659
=658.819

Air Astana JSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -4.048/( (658.819+657.432)/ 2 )
=-1  *  -4.048/658.1255
=0.62 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=498.16 + 160.659
=658.819

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=496.733 + 160.699
=657.432

* 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 four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Air Astana JSC  (FRA:7YH) Effective Interest Rate on Debt % Explanation

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

Air Astana JSC Effective Interest Rate on Debt % Related Terms

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Air Astana JSC (FRA:7YH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Astana JSC (FRA:7YH) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
Traded in Other Exchanges
AIRA:Kazakhstan AIRAl:UK AIRA:UK
Address
4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 010000
Website
https://www.airastana.com
Air Astana JSC is an airline company. It provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, intra-regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East and Asia (including India and China) and has a fleet of 47 aircraft. The company group has two operating segments, Air Astana and FlyArystan. Air Astana's activities consist of mainly domestic and international passenger and cargo air transportation as a full-service brand. Fly Arystan activities consist of mainly domestic and international passenger and cargo air transportation as a low-cost brand. Maximum revenue is generated from the Air Astana segment.

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