GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Salhia Real Estate Co KSCP (KUW:SRE) » Definitions » Effective Interest Rate on Debt %

Salhia Real Estate Co KSCP (KUW:SRE) Effective Interest Rate on Debt % : 4.76% (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Salhia Real Estate Co KSCP 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. Salhia Real Estate Co KSCP's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was KWD12.88 Mil. Salhia Real Estate Co KSCP's average total debt for the quarter that ended in Mar. 2024 was KWD270.34 Mil. Therefore, Salhia Real Estate Co KSCP's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.76%.


Salhia Real Estate Co KSCP Effective Interest Rate on Debt % Historical Data

The historical data trend for Salhia Real Estate Co KSCP'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.

* Premium members only.

Salhia Real Estate Co KSCP Effective Interest Rate on Debt % Chart

Salhia Real Estate Co KSCP 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 0.92 0.30 0.29 1.39 2.82

Salhia Real Estate Co KSCP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.62 2.40 3.61 3.75 4.76

Competitive Comparison of Salhia Real Estate Co KSCP's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Salhia Real Estate Co KSCP'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.


Salhia Real Estate Co KSCP's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Salhia Real Estate Co KSCP's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Salhia Real Estate Co KSCP's Effective Interest Rate on Debt % falls into.



Salhia Real Estate Co KSCP Effective Interest Rate on Debt % Calculation

Salhia Real Estate Co KSCP'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  *  -6.36/( (213.842+238.008)/ 2 )
=-1  *  -6.36/225.925
=2.82 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=178.15 + 35.692
=213.842

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=187.935 + 50.073
=238.008

Salhia Real Estate Co KSCP'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: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -12.876/( (238.008+302.673)/ 2 )
=-1  *  -12.876/270.3405
=4.76 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=187.935 + 50.073
=238.008

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=302.673 + 0
=302.673

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


Salhia Real Estate Co KSCP  (KUW:SRE) Effective Interest Rate on Debt % Explanation

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


Salhia Real Estate Co KSCP Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Salhia Real Estate Co KSCP's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Salhia Real Estate Co KSCP (KUW:SRE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095
Salhia Real Estate Co KSC is engaged in real estate leasing and development of commercial properties and hotel operations in Kuwait and the United Kingdom. The company operates its business through three segments: Real Estate Operations, Hotel Operations, and Care Home Operations. Real Estate Operations being the highest revenue generator is engaged in the development and leasing of properties. Hotel Operations consist of the hotel hospitality services provided through JW Marriott Hotel - Kuwait; Courtyard Marriott Hotel-Kuwait; and Arraya Ballroom - Kuwait. Care Home Operations consist of care home activities provided by subsidiary companies. Its primary geographic markets are Kuwait & GCC and Europe.