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Pakistan International Airlines (KAR:PIAB) Effective Interest Rate on Debt % : 18.93% (As of Jun. 2023)


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What is Pakistan International Airlines 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. Pakistan International Airlines's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was ₨85,176 Mil. Pakistan International Airlines's average total debt for the quarter that ended in Jun. 2023 was ₨449,889 Mil. Therefore, Pakistan International Airlines's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 18.93%.


Pakistan International Airlines Effective Interest Rate on Debt % Historical Data

The historical data trend for Pakistan International Airlines'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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Pakistan International Airlines Effective Interest Rate on Debt % Chart

Pakistan International Airlines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.03 11.57 8.77 7.45 12.23

Pakistan International Airlines Quarterly Data
Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 10.83 13.21 14.14 15.73 18.93

Competitive Comparison of Pakistan International Airlines's Effective Interest Rate on Debt %

For the Airlines subindustry, Pakistan International Airlines'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.


Pakistan International Airlines's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pakistan International Airlines's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Pakistan International Airlines's Effective Interest Rate on Debt % falls into.



Pakistan International Airlines Effective Interest Rate on Debt % Calculation

Pakistan International Airlines's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -51541.335/( (401338.381+441716.043)/ 2 )
=-1  *  -51541.335/421527.212
=12.23 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=312921.443 + 88416.938
=401338.381

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=343279.064 + 98436.979
=441716.043

Pakistan International Airlines's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -85175.64/( (443735.337+456042.116)/ 2 )
=-1  *  -85175.64/449888.7265
=18.93 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=336603.103 + 107132.234
=443735.337

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=346066.654 + 109975.462
=456042.116

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


Pakistan International Airlines  (KAR:PIAB) Effective Interest Rate on Debt % Explanation

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


Pakistan International Airlines Effective Interest Rate on Debt % Related Terms

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Pakistan International Airlines (KAR:PIAB) Business Description

Traded in Other Exchanges
Address
PIA Building, Jinnah International Airport, Karachi, PAK, 75200
Pakistan International Airlines Corp Ltd provides commercial air transportation services. It includes passenger, cargo postal carriage, engineering, and other services.

Pakistan International Airlines (KAR:PIAB) Headlines

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