Fade Gida Yatirimnayi Ticaret AS (IST:FADE) Effective Interest Rate on Debt % : 26.74% (As of Dec. 2023)

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What is Fade Gida Yatirimnayi Ticaret 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. Fade Gida Yatirimnayi Ticaret AS's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₺20.5 Mil. Fade Gida Yatirimnayi Ticaret AS's average total debt for the quarter that ended in Dec. 2023 was ₺76.7 Mil. Therefore, Fade Gida Yatirimnayi Ticaret AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 26.74%.

Fade Gida Yatirimnayi Ticaret AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Fade Gida Yatirimnayi Ticaret 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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Fade Gida Yatirimnayi Ticaret AS Effective Interest Rate on Debt % Chart

Fade Gida Yatirimnayi Ticaret AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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11.99

12.36

9.40

13.07

16.19

Fade Gida Yatirimnayi Ticaret AS Quarterly Data
	Sep18	Dec18	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															21.79	18.44	14.42	21.27	26.74

Competitive Comparison of Fade Gida Yatirimnayi Ticaret AS's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Fade Gida Yatirimnayi Ticaret 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.

Fade Gida Yatirimnayi Ticaret AS's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Fade Gida Yatirimnayi Ticaret AS's Effective Interest Rate on Debt % falls into.

Fade Gida Yatirimnayi Ticaret AS Effective Interest Rate on Debt % Calculation

Fade Gida Yatirimnayi Ticaret AS'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 * -13.802	/	( (87.495	+	83.004)	/ 2 )
=	-1 * -13.802	/	85.2495
=	16.19 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.379	+	72.116
=	87.495

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.933	+	75.071
=	83.004

Fade Gida Yatirimnayi Ticaret AS'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 * -20.516	/	( (70.45	+	83.004)	/ 2 )
=	-1 * -20.516	/	76.727
=	26.74 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.267	+	62.183
=	70.45

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.933	+	75.071
=	83.004

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.

Fade Gida Yatirimnayi Ticaret AS (IST:FADE) Effective Interest Rate on Debt % Explanation

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

Fade Gida Yatirimnayi Ticaret AS Effective Interest Rate on Debt % Related Terms

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Fade Gida Yatirimnayi Ticaret AS (IST:FADE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fade Gida Yatirim Sanayi Ticaret AS (IST:FADE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cumhuriyet Mah. 136/2 Sk., No. 10/A, Izmir, TUR, 35660

Website

http://www.fadefood.com

Fade Gida Yatirim Sanayi Ticaret AS is engaged in the production of packaged food products. The company provides salted or sulphured sun-dried tomatoes and other organic products.

Fade Gida Yatirimnayi Ticaret AS (IST:FADE) Headlines

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