SME Leasing (KAR:SLL) Effective Interest Rate on Debt %: 0.03% (As of Sep. 2024)

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KAR:SLL SME Leasing Ltd KAR:SLL
2 GF Score
Price ₨1.70
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What is SME Leasing Effective Interest Rate on Debt %?

SME Leasing KAR:SLL 2 Effective Interest Rate on Debt % is 0.03% as of Sep. 2024. GuruFocus rates KAR:SLL with a GF Score™ of 2/100.

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. SME Leasing's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₨0.05 Mil. SME Leasing's average total debt for the quarter that ended in Sep. 2024 was ₨149.92 Mil. Therefore, SME Leasing's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.03%.

SME Leasing  (KAR:SLL) Effective Interest Rate on Debt % Explanation

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

SME Leasing Effective Interest Rate on Debt % Related Terms

SME Leasing Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for SME Leasing'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.

SME Leasing Effective Interest Rate on Debt % Chart

SME Leasing 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 0.09 0.08 0.08 0.06 0.04

SME Leasing Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.16 0.00 0.07 0.00 0.03

KAR:SLL vs V, MA, AXP: Effective Interest Rate on Debt % Comparison

For the Credit Services subindustry, SME Leasing'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.

SME Leasing Effective Interest Rate on Debt % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, SME Leasing's Effective Interest Rate on Debt % distribution charts can be found below:

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


KAR:SLL
2GF Score
SME Leasing Ltd KAR:SLL
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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SME Leasing Effective Interest Rate on Debt % Calculation

SME Leasing'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  *  -0.063/( (143.047+150.08)/ 2 )
=-1  *  -0.063/146.5635
=0.04 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 143.047
=143.047

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 150.08
=150.08

SME Leasing's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -0.048/( (149.923+149.923)/ 2 )
=-1  *  -0.048/149.923
=0.03 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 149.923
=149.923

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 149.923
=149.923

* 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 (Sep. 2024) 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 0.03% mean?
SME Leasing (KAR:SLL) has a Effective Interest Rate on Debt % of 0.03% as of Sep. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SME Leasing and its competitors.
Is SME Leasing's Effective Interest Rate on Debt % too high?
SME Leasing's current Effective Interest Rate on Debt % is 0.03%. Overall, SME Leasing has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does SME Leasing's Effective Interest Rate on Debt % compare to V and MA?
SME Leasing's Effective Interest Rate on Debt % of 0.03% can be compared against companies in the Credit Services 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 Credit Services company?
A good Effective Interest Rate on Debt % depends on the Credit Services 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 SME Leasing and its competitors. SME Leasing's current Effective Interest Rate on Debt % is 0.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SME Leasing stock overvalued right now?
SME Leasing (KAR:SLL) has a current Effective Interest Rate on Debt % of 0.03%. The current Effective Interest Rate on Debt % is 0.03%. SME Leasing's overall GF Score™ is 2/100. 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 SME Leasing (KAR:SLL), the current Effective Interest Rate on Debt % is 0.03% as of Sep. 2024. 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.

SME Leasing Business Description

Address Shahra-e-Faisal, Office No. 304, 3rd Floor, Business Arcade, Karachi, PAK
SME Leasing Ltd along with its subsidiaries is engaged in resolving, advising, and supporting the financial needs of small as well as medium size businessmen, traders, professionals, and educationists. The company's product profile includes SME Automobile, SME Cash Support, SME Machine Plus, SME Power Plus and SME Medical Equip. Its segments are finance lease, loans and receivables and investments.
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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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