Metair Investments (JSE:MTA) Effective Interest Rate on Debt % : -10.51% (As of Dec. 2024)

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What is Metair Investments 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. Metair Investments's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was R-440 Mil. Metair Investments's average total debt for the quarter that ended in Dec. 2024 was R4,185 Mil. Therefore, Metair Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was -10.51%.

Metair Investments Effective Interest Rate on Debt % Historical Data

The historical data trend for Metair Investments'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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Metair Investments Effective Interest Rate on Debt % Chart

Metair Investments Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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6.13

5.16

10.84

5.87

7.03

Metair Investments Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.95	15.61	-4.28	23.69	-10.51

Competitive Comparison of Metair Investments's Effective Interest Rate on Debt %

For the Auto Parts subindustry, Metair Investments'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.

Metair Investments's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Metair Investments's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Metair Investments's Effective Interest Rate on Debt % falls into.

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Metair Investments Effective Interest Rate on Debt % Calculation

Metair Investments'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 * -272.364	/	( (3844.872	+	3900.622)	/ 2 )
=	-1 * -272.364	/	3872.747
=	7.03 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1057.842	+	2787.03
=	3844.872

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	257.357	+	3643.265
=	3900.622

Metair Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * 439.894	/	( (4468.876	+	3900.622)	/ 2 )
=	-1 * 439.894	/	4184.749
=	-10.51 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1066.144	+	3402.732
=	4468.876

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	257.357	+	3643.265
=	3900.622

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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Metair Investments (JSE:MTA) Effective Interest Rate on Debt % Explanation

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

Metair Investments Effective Interest Rate on Debt % Related Terms

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Metair Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Metair Investments Ltd (JSE:MTA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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M4HA:Germany

Address

114 Oxford Road, Suite 7, Ground Floor, Oxford and Glenhove Building No. 2, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.metair.co.za

Metair Investments Ltd manufactures energy storage products and automotive components. The energy storage division manufactures batteries for use in automotive applications and the telecoms, utility, mining, retail, and materials sectors. The automotive components division produces original equipment (OE) components used in the assembly of new vehicles, as well as spare parts and other products used in the automotive aftermarket. Some of its automotive component products are e brake pads, shock absorbers, lights, radiators, and air-conditioners. Its geographical segments are South Africa, Turkey and the United Kingdom, and Romania.