Al Hassan Engineering CoOG (MUS:HECI) Effective Interest Rate on Debt % : 3.96% (As of Dec. 2020)

View and export this data going back to 1999. Start your Free Trial

What is Al Hassan Engineering CoOG 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 Hassan Engineering CoOG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2020 was ر.ع1.63 Mil. Al Hassan Engineering CoOG's average total debt for the quarter that ended in Dec. 2020 was ر.ع41.19 Mil. Therefore, Al Hassan Engineering CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 was 3.96%.

Al Hassan Engineering CoOG Effective Interest Rate on Debt % Historical Data

The historical data trend for Al Hassan Engineering CoOG'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.

Al Hassan Engineering CoOG Effective Interest Rate on Debt % Chart

Al Hassan Engineering CoOG Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.86

5.07

5.77

5.33

3.96

Al Hassan Engineering CoOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										4.86	5.07	5.77	5.33	3.96

Competitive Comparison of Al Hassan Engineering CoOG's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Al Hassan Engineering CoOG'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 Hassan Engineering CoOG's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Al Hassan Engineering CoOG's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Al Hassan Engineering CoOG's Effective Interest Rate on Debt % falls into.

Al Hassan Engineering CoOG Effective Interest Rate on Debt % Calculation

Al Hassan Engineering CoOG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2019 )	+	Total Debt (A: Dec. 2020 ))	/ count )
=	-1 * -1.629	/	( (41.092	+	41.281)	/ 2 )
=	-1 * -1.629	/	41.1865
=	3.96 %

where

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29.307	+	11.785
=	41.092

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	41.267	+	0.014
=	41.281

Al Hassan Engineering CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2019 )	+	Total Debt (Q: Dec. 2020 ))	/ count )
=	-1 * -1.629	/	( (41.092	+	41.281)	/ 2 )
=	-1 * -1.629	/	41.1865
=	3.96 %

where

	Total Debt (Q: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29.307	+	11.785
=	41.092

	Total Debt (Q: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	41.267	+	0.014
=	41.281

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. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Al Hassan Engineering CoOG (MUS:HECI) Effective Interest Rate on Debt % Explanation

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

Al Hassan Engineering CoOG Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Al Hassan Engineering CoOG's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Hassan Engineering CoOG (MUS:HECI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Al Hassan Engineering Co SAOG (MUS:HECI) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Ruwi, P.O Box 1948, Muscat, OMN, 112

Website

http://www.al-hassan.com

Al Hassan Engineering Co SAOG is a contracting company providing electrical, mechanical, instrumentation and civil contracting services to the Oil, Gas and Petrochemicals, Power, Water and Wastewater sectors. The company also provides fabrication that includes design, fabrication, and repair of pressure vessels and boilers and maintenance services across all sectors. It derives its revenues from the contracting services it provides to various sectors.

Al Hassan Engineering CoOG (MUS:HECI) Headlines

No Headlines