Deva Holding AS (IST:DEVA) Effective Interest Rate on Debt % : 41.25% (As of Mar. 2025)

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What is Deva Holding 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. Deva Holding AS's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₺2,522 Mil. Deva Holding AS's average total debt for the quarter that ended in Mar. 2025 was ₺6,112 Mil. Therefore, Deva Holding AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 41.25%.

Deva Holding AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Deva Holding 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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Deva Holding AS Effective Interest Rate on Debt % Chart

Deva Holding AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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12.76

16.12

32.53

32.50

41.10

Deva Holding AS Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															41.80	39.81	47.48	55.65	41.25

Competitive Comparison of Deva Holding AS's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Deva Holding 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.

Deva Holding AS's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Deva Holding AS's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Deva Holding AS Effective Interest Rate on Debt % Calculation

Deva Holding AS's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -2894.484	/	( (7918.48	+	6165.78)	/ 2 )
=	-1 * -2894.484	/	7042.13
=	41.10 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	551.386	+	7367.094
=	7918.48

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	864.926	+	5300.854
=	6165.78

Deva Holding AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -2521.564	/	( (6165.78	+	6058.693)	/ 2 )
=	-1 * -2521.564	/	6112.2365
=	41.25 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	864.926	+	5300.854
=	6165.78

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	685.501	+	5373.192
=	6058.693

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Deva Holding AS (IST:DEVA) Effective Interest Rate on Debt % Explanation

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

Deva Holding AS Effective Interest Rate on Debt % Related Terms

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Deva Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Deva Holding AS (IST:DEVA) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Halkali Merkez Mahallesi, Basin Ekspres Caddesi No. 1, Kucukcekmece, Istanbul, TUR

Website

http://www.deva.com.tr

Deva Holding AS is a Turkey-based generic medicine manufacturer. It is engaged in manufacturing and marketing of medicinal products for human use and raw materials. The company also carries out the manufacturing of veterinary drugs, eau de cologne, and medical ampoules. It produces medicines for antineoplastic agents, cardiovascular system, dermatological products, nervous system, respiratory system, urogenital system, among others. It exports pharmaceuticals and pharmaceutical raw materials in countries including Switzerland, Germany, the Netherlands, the United Kingdom and others.

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