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Al Omaniya Financial ServicesOG (MUS:AOFS) Effective Interest Rate on Debt % : 3.69% (As of Dec. 2022)


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What is Al Omaniya Financial ServicesOG 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. Al Omaniya Financial ServicesOG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was ر.ع4.45 Mil. Al Omaniya Financial ServicesOG's average total debt for the quarter that ended in Dec. 2022 was ر.ع120.65 Mil. Therefore, Al Omaniya Financial ServicesOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 3.69%.


Al Omaniya Financial ServicesOG Effective Interest Rate on Debt % Historical Data

The historical data trend for Al Omaniya Financial ServicesOG'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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Al Omaniya Financial ServicesOG Effective Interest Rate on Debt % Chart

Al Omaniya Financial ServicesOG 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 3.81 3.77 4.47 4.16 3.69

Al Omaniya Financial ServicesOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.81 3.77 4.47 4.16 3.69

Competitive Comparison of Al Omaniya Financial ServicesOG's Effective Interest Rate on Debt %

For the Credit Services subindustry, Al Omaniya Financial ServicesOG'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.


Al Omaniya Financial ServicesOG's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

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

* The bar in red indicates where Al Omaniya Financial ServicesOG's Effective Interest Rate on Debt % falls into.



Al Omaniya Financial ServicesOG Effective Interest Rate on Debt % Calculation

Al Omaniya Financial ServicesOG'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  *  -4.453/( (117.473+123.832)/ 2 )
=-1  *  -4.453/120.6525
=3.69 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=117.473 + 0
=117.473

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=123.832 + 0
=123.832

Al Omaniya Financial ServicesOG'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: Dec. 2021 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -4.453/( (117.473+123.832)/ 2 )
=-1  *  -4.453/120.6525
=3.69 %

where

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=117.473 + 0
=117.473

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=123.832 + 0
=123.832

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


Al Omaniya Financial ServicesOG  (MUS:AOFS) Effective Interest Rate on Debt % Explanation

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


Al Omaniya Financial ServicesOG Effective Interest Rate on Debt % Related Terms

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Al Omaniya Financial ServicesOG (MUS:AOFS) Business Description

Traded in Other Exchanges
N/A
Address
Jibroo, P.O. Box 1087, Muscat, OMN, 114
Al Omaniya Financial Services SAOG is involved in capital markets that provide Corporate loans, Retail Asset Financing which provides specialized finance products for the self-employed, salaried individuals, transport operators, small and large businesses, and Micro Credit. The company is also involved in hire purchase and lease finance for motor vehicles and other assets, debt factoring, bill discounting, bridge loans, working capital loans, and project and construction loans.

Al Omaniya Financial ServicesOG (MUS:AOFS) Headlines

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