ZCCM Investments Holdings (LSE:ZCC) Effective Interest Rate on Debt % : 9.48% (As of Dec. 2022)

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What is ZCCM Investments Holdings 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. ZCCM Investments Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $103.2 Mil. ZCCM Investments Holdings's average total debt for the quarter that ended in Dec. 2022 was $1,088.5 Mil. Therefore, ZCCM Investments Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 9.48%.

ZCCM Investments Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for ZCCM Investments Holdings'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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ZCCM Investments Holdings Effective Interest Rate on Debt % Chart

ZCCM Investments Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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9.10

4.73

5.15

8.03

7.67

ZCCM Investments Holdings Semi-Annual Data
	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	191.50	6.79	5.60	9.48

Competitive Comparison of ZCCM Investments Holdings's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, ZCCM Investments Holdings'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.

ZCCM Investments Holdings's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ZCCM Investments Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where ZCCM Investments Holdings's Effective Interest Rate on Debt % falls into.

ZCCM Investments Holdings Effective Interest Rate on Debt % Calculation

ZCCM Investments Holdings'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 * -78.257	/	( (952.912	+	1088.472)	/ 2 )
=	-1 * -78.257	/	1020.692
=	7.67 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	920.365	+	32.547
=	952.912

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1030.259	+	58.213
=	1088.472

ZCCM Investments Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2022 )	+	Total Debt (Q: Dec. 2022 ))	/ count )
=	-1 * -103.196	/	( (0	+	1088.472)	/ 1 )
=	-1 * -103.196	/	1088.472
=	9.48 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1030.259	+	58.213
=	1088.472

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 (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

ZCCM Investments Holdings (LSE:ZCC) Effective Interest Rate on Debt % Explanation

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

ZCCM Investments Holdings Effective Interest Rate on Debt % Related Terms

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ZCCM Investments Holdings (LSE:ZCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ZCCM Investments Holdings PLC (LSE:ZCC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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MLZAM:France

Address

Alick Nkhata Road, Mass Media Complex Area, P O Box 30048, Stand Number 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101

Website

https://www.zccm-ih.com.zm

ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company operates in four segments namely ZCCM-IH Plc, Ndola Lime Company Limited, Investrust Bank Plc, and Misenge Environmental and Technical Services Limited.

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