GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Haci Omer Sabanci Holding AS (IST:SAHOL) » Definitions » Effective Interest Rate on Debt %

Haci Omerbanci Holding AS (IST:SAHOL) Effective Interest Rate on Debt % : 178.26% (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Haci Omerbanci 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. Haci Omerbanci Holding AS's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₺382,973 Mil. Haci Omerbanci Holding AS's average total debt for the quarter that ended in Dec. 2023 was ₺214,840 Mil. Therefore, Haci Omerbanci Holding AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 178.26%.


Haci Omerbanci Holding AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Haci Omerbanci 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.

* Premium members only.

Haci Omerbanci Holding AS Effective Interest Rate on Debt % Chart

Haci Omerbanci Holding AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.98 31.13 22.22 47.13 73.36

Haci Omerbanci Holding AS Quarterly Data
Mar19 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 111.76 48.57 45.90 95.76 178.26

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

For the Banks - Regional subindustry, Haci Omerbanci 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.


Haci Omerbanci Holding AS's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Haci Omerbanci Holding AS's Effective Interest Rate on Debt % distribution charts can be found below:

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



Haci Omerbanci Holding AS Effective Interest Rate on Debt % Calculation

Haci Omerbanci Holding 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  *  -180579.485/( (251468.959+240836.423)/ 2 )
=-1  *  -180579.485/246152.691
=73.36 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=251468.959 + 0
=251468.959

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=240836.423 + 0
=240836.423

Haci Omerbanci Holding 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  *  -382973.336/( (188842.883+240836.423)/ 2 )
=-1  *  -382973.336/214839.653
=178.26 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=188842.883 + 0
=188842.883

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=240836.423 + 0
=240836.423

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Haci Omerbanci Holding AS  (IST:SAHOL) Effective Interest Rate on Debt % Explanation

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


Haci Omerbanci Holding AS Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Haci Omerbanci Holding AS's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Haci Omerbanci Holding AS (IST:SAHOL) Business Description

Traded in Other Exchanges
N/A
Address
Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Haci Omer Sabanci Holding AS is the parent company of the Sabanci Group, a diversified conglomerate operating almost entirely in Turkey, but with notable exposure to other countries in the European Union. The Sabanci Group companies operate in the financial services, energy, consumer discretionary, materials, and industrials sectors. Of these, financial services constitute the majority of revenue and the overwhelming majority of its assets on the balance sheet. Banking is the biggest contributor to its financial segment, specifically through the group's large financial stake in Akbank. Sabanci's portfolio management strategy is to focus on sectors where it is possible to create competitive advantage and to use equities in fast-growing, highly profitable, and sustainable businesses.

Haci Omerbanci Holding AS (IST:SAHOL) Headlines

No Headlines