Tongaat Hulett (JSE:TON) Effective Interest Rate on Debt %: 16.86% (As of Sep. 2021)

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JSE:TON Tongaat Hulett Ltd JSE:TON
11 GF Score
Price R4.04
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What is Tongaat Hulett Effective Interest Rate on Debt %?

Tongaat Hulett JSE:TON 11 Effective Interest Rate on Debt % is 16.86% as of Sep. 2021. GuruFocus rates JSE:TON with a GF Score™ of 11/100.

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. Tongaat Hulett's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was R1,256 Mil. Tongaat Hulett's average total debt for the quarter that ended in Sep. 2021 was R7,448 Mil. Therefore, Tongaat Hulett's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 16.86%.


Tongaat Hulett  (JSE:TON) Effective Interest Rate on Debt % Explanation

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


Tongaat Hulett Effective Interest Rate on Debt % Related Terms


Tongaat Hulett Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Tongaat Hulett'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.

Tongaat Hulett Effective Interest Rate on Debt % Chart

Tongaat Hulett Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.70 1.47 10.98 12.33 13.49

Tongaat Hulett Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 12.22 11.33 13.13 11.35 16.86

JSE:TON vs MDLZ, HSY, TR: Effective Interest Rate on Debt % Comparison

For the Confectioners subindustry, Tongaat Hulett'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.


Tongaat Hulett Effective Interest Rate on Debt % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongaat Hulett's Effective Interest Rate on Debt % distribution charts can be found below:

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


JSE:TON
11GF Score
Tongaat Hulett Ltd JSE:TON
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongaat Hulett Effective Interest Rate on Debt % Calculation

Tongaat Hulett's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2020 )+Total Debt  (A: Mar. 2021 ))/ count )
=-1  *  -1382/( (12901+7591)/ 2 )
=-1  *  -1382/10246
=13.49 %

where

Total Debt  (A: Mar. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=384 + 12517
=12901

Tongaat Hulett's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2021 )+Total Debt  (Q: Sep. 2021 ))/ count )
=-1  *  -1256/( (7591+7305)/ 2 )
=-1  *  -1256/7448
=16.86 %

where

* 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 two times the semi-annual (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 16.86% mean?
Tongaat Hulett (JSE:TON) has a Effective Interest Rate on Debt % of 16.86% as of Sep. 2021. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Tongaat Hulett and its competitors.
Is Tongaat Hulett's Effective Interest Rate on Debt % too high?
Tongaat Hulett's current Effective Interest Rate on Debt % is 16.86%. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's Effective Interest Rate on Debt % compare to MDLZ and HSY?
Tongaat Hulett's Effective Interest Rate on Debt % of 16.86% can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Consumer Packaged Goods company?
A good Effective Interest Rate on Debt % depends on the Consumer Packaged Goods industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Tongaat Hulett and its competitors. Tongaat Hulett's current Effective Interest Rate on Debt % is 16.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current Effective Interest Rate on Debt % of 16.86%. The current Effective Interest Rate on Debt % is 16.86%. Tongaat Hulett's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Tongaat Hulett (JSE:TON), the current Effective Interest Rate on Debt % is 16.86% as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tongaat Hulett Business Description

Address Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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