Bor Seker AS (IST:BORSK) Effective Interest Rate on Debt % : 8.23% (As of Dec. 2024)

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What is Bor Seker AS 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. Bor Seker AS's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₺21 Mil. Bor Seker AS's average total debt for the quarter that ended in Dec. 2024 was ₺254 Mil. Therefore, Bor Seker AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 8.23%.

Bor Seker AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Bor Seker AS'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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Bor Seker AS Effective Interest Rate on Debt % Chart

Bor Seker AS Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

15.97

13.34

9.54

21.33

Bor Seker AS Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					31.17	-3.54	15.42	20.98	8.23

Competitive Comparison of Bor Seker AS's Effective Interest Rate on Debt %

For the Confectioners subindustry, Bor Seker AS'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.

Bor Seker AS's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bor Seker AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bor Seker AS's Effective Interest Rate on Debt % falls into.

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Bor Seker AS Effective Interest Rate on Debt % Calculation

Bor Seker AS's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -108.492	/	( (659.093	+	357.97)	/ 2 )
=	-1 * -108.492	/	508.5315
=	21.33 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	210.807	+	448.286
=	659.093

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	222.187	+	135.783
=	357.97

Bor Seker AS'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 * -20.916	/	( (253.114	+	255.069)	/ 2 )
=	-1 * -20.916	/	254.0915
=	8.23 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	207.877	+	45.237
=	253.114

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	202.877	+	52.192
=	255.069

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.

Bor Seker AS (IST:BORSK) Effective Interest Rate on Debt % Explanation

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

Bor Seker AS Effective Interest Rate on Debt % Related Terms

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Bor Seker AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bor Seker AS (IST:BORSK) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Merdivenkoy Mahallesi, Dikyol Sk No: 2 A/1501, Kadikoy, Istanbul, TUR

Website

https://www.borseker.com

Bor Seker AS is a company whose main activities are producing and trading crystal, granulated and cube sugar, fresh pulp, which is a by product of the sugar industry, dry pulp, molasses, dry molasses pulp, limestone, electricity production and trade of seeds and fertilizers. The products produced by the company are as follows which are crystal sugar, cube sugar, molasses, beet pulp.

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