Frontier Transport Holdings (JSE:FTH) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is Frontier Transport Holdings 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. Frontier Transport Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was R0 Mil. Frontier Transport Holdings's average total debt for the quarter that ended in Mar. 2024 was R243 Mil. Therefore, Frontier Transport Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Frontier Transport Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Frontier Transport Holdings'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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Frontier Transport Holdings Effective Interest Rate on Debt % Chart

Frontier Transport Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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9.58

6.47

6.45

7.98

10.62

Frontier Transport Holdings Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										6.46	7.45	9.72	10.36	-

Competitive Comparison of Frontier Transport Holdings's Effective Interest Rate on Debt %

For the Railroads subindustry, Frontier Transport Holdings'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.

Frontier Transport Holdings's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Transport Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Frontier Transport Holdings's Effective Interest Rate on Debt % falls into.

Frontier Transport Holdings Effective Interest Rate on Debt % Calculation

Frontier Transport Holdings'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 * -23.897	/	( (184.721	+	265.335)	/ 2 )
=	-1 * -23.897	/	225.028
=	10.62 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	84.495	+	100.226
=	184.721

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	188.763	+	76.572
=	265.335

Frontier Transport Holdings'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: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * 0	/	( (220.825	+	265.335)	/ 2 )
=	-1 * 0	/	243.08
=	0.00 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	141.8	+	79.025
=	220.825

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	188.763	+	76.572
=	265.335

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 two times the semi-annual (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Frontier Transport Holdings (JSE:FTH) Effective Interest Rate on Debt % Explanation

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

Frontier Transport Holdings Effective Interest Rate on Debt % Related Terms

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Frontier Transport Holdings Business Description

Industry

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Traded in Other Exchanges

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Address

103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460

Website

http://www.hplr.co.za

Frontier Transport Holdings Ltd, formerly Hosken Passenger Logistics And Rail Ltd through its subsidiary provide a scheduled commuter bus operator in the Cape Metropole. It is engaged in the provision of passenger transport services within South Africa. The company operates in the luxury and semi-luxury coach markets.

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