Paints and Chemical Industries Co (LSE:47KT) Effective Interest Rate on Debt % : 7.58% (As of Jun. 2018)

View and export this data going back to 2012. Start your Free Trial

What is Paints and Chemical Industries Co 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. Paints and Chemical Industries Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2018 was $0.25 Mil. Paints and Chemical Industries Co's average total debt for the quarter that ended in Jun. 2018 was $3.23 Mil. Therefore, Paints and Chemical Industries Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2018 was 7.58%.

Paints and Chemical Industries Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Paints and Chemical Industries Co'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.

Paints and Chemical Industries Co Effective Interest Rate on Debt % Chart

Paints and Chemical Industries Co Annual Data

Trend

Jun17

Jun18

Effective Interest Rate on Debt %

5.26

7.58

Paints and Chemical Industries Co Semi-Annual Data
	Jun17	Jun18
Effective Interest Rate on Debt %	5.26	7.58

Competitive Comparison of Paints and Chemical Industries Co's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Paints and Chemical Industries Co'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.

Paints and Chemical Industries Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Paints and Chemical Industries Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Paints and Chemical Industries Co's Effective Interest Rate on Debt % falls into.

Paints and Chemical Industries Co Effective Interest Rate on Debt % Calculation

Paints and Chemical Industries Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2017 )	+	Total Debt (A: Jun. 2018 ))	/ count )
=	-1 * -0.245	/	( (3.232	+	0)	/ 1 )
=	-1 * -0.245	/	3.232
=	7.58 %

where

	Total Debt (A: Jun. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	3.232
=	3.232

	Total Debt (A: Jun. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Paints and Chemical Industries Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2017 )	+	Total Debt (Q: Jun. 2018 ))	/ count )
=	-1 * -0.245	/	( (3.232	+	0)	/ 1 )
=	-1 * -0.245	/	3.232
=	7.58 %

where

	Total Debt (Q: Jun. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	3.232
=	3.232

	Total Debt (Q: Jun. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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 one times the annual (Jun. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Paints and Chemical Industries Co (LSE:47KT) Effective Interest Rate on Debt % Explanation

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

Paints and Chemical Industries Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Paints and Chemical Industries Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Paints and Chemical Industries Co (LSE:47KT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Paints and Chemical Industries Co (LSE:47KT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Elmassanie Street, P.O. Box 11887,Elamiriya, Cario, EGY

Website

http://www.pachin.net

Paints and Chemical Industries Co is an Egypt-based company engaged in the manufacturing of paints, varnishes, industrial chemicals, printing inks, animal extracts and other related products. The product portfolio of the group consists of Decorative paints, Industrial paints, Printing inks and alkyd resin. The majority of income for the group is generated through the sale of products. It also exports all the products of paints to Libya, Saudi Arabia, Syria, Cyprus, Kenya, Sudan, and Equatorial Guinea.

Paints and Chemical Industries Co (LSE:47KT) Headlines

No Headlines