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Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) Effective Interest Rate on Debt % : 123.98% (As of Mar. 2024)


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What is Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve 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. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₺279.9 Mil. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's average total debt for the quarter that ended in Mar. 2024 was ₺225.8 Mil. Therefore, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 123.98%.


Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve 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.

* Premium members only.

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Effective Interest Rate on Debt % Chart

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
18.34 18.15 32.67 48.80 52.62

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.75 25.78 36.39 125.27 123.98

Competitive Comparison of Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve 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.


Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's Effective Interest Rate on Debt % falls into.



Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Effective Interest Rate on Debt % Calculation

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve 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  *  -102.478/( (157.294+232.232)/ 2 )
=-1  *  -102.478/194.763
=52.62 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.751 + 148.543
=157.294

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=35.993 + 196.239
=232.232

Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS'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  *  -279.88/( (232.232+219.268)/ 2 )
=-1  *  -279.88/225.75
=123.98 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=35.993 + 196.239
=232.232

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=38.145 + 181.123
=219.268

* 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.


Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS  (IST:HKTM) Effective Interest Rate on Debt % Explanation

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


Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Effective Interest Rate on Debt % Related Terms

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Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Business Description

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Traded in Other Exchanges
N/A
Address
Inonu Mah. Gebze Plastikciler OSB. Cumhuriyet Cd. No:31, Gebze, Kocaeli, Istanbul, TUR, 41400
Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi Ve Ticaret AS offers engineering solutions. It produces mechanical Automation, Robotics, and Hydromechanical Systems. Its product offerings comprise 3 Axis Glass Transfer System, Oscillation Hydraulic System and Cylinder, Upper Table Bonding Project, Application of Plasma Projects, Vacuum Pack Conveyor System, Carton Box Counting System, X-Ray Machine Servo Drive System, among others.

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