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Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Effective Interest Rate on Debt % : 4.83% (As of Dec. 2023)


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What is Al Maha Petroleum Products Marketing 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 Maha Petroleum Products Marketing CoOG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ر.ع3.6 Mil. Al Maha Petroleum Products Marketing CoOG's average total debt for the quarter that ended in Dec. 2023 was ر.ع73.8 Mil. Therefore, Al Maha Petroleum Products Marketing CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.83%.


Al Maha Petroleum Products Marketing CoOG Effective Interest Rate on Debt % Historical Data

The historical data trend for Al Maha Petroleum Products Marketing 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 Maha Petroleum Products Marketing CoOG Effective Interest Rate on Debt % Chart

Al Maha Petroleum Products Marketing CoOG 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 2.28 3.36 4.79 3.95 4.89

Al Maha Petroleum Products Marketing CoOG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.33 3.58 3.73 4.30 4.83

Competitive Comparison of Al Maha Petroleum Products Marketing CoOG's Effective Interest Rate on Debt %

For the Oil & Gas Refining & Marketing subindustry, Al Maha Petroleum Products Marketing 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 Maha Petroleum Products Marketing CoOG's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Maha Petroleum Products Marketing CoOG's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Al Maha Petroleum Products Marketing CoOG's Effective Interest Rate on Debt % falls into.



Al Maha Petroleum Products Marketing CoOG Effective Interest Rate on Debt % Calculation

Al Maha Petroleum Products Marketing CoOG'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  *  -2.838/( (49.783+66.37)/ 2 )
=-1  *  -2.838/58.0765
=4.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.163 + 43.62
=49.783

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.152 + 60.218
=66.37

Al Maha Petroleum Products Marketing CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -3.56/( (81.154+66.37)/ 2 )
=-1  *  -3.56/73.762
=4.83 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.884 + 75.27
=81.154

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.152 + 60.218
=66.37

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Al Maha Petroleum Products Marketing CoOG  (MUS:MHAS) Effective Interest Rate on Debt % Explanation

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


Al Maha Petroleum Products Marketing CoOG Effective Interest Rate on Debt % Related Terms

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Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Business Description

Traded in Other Exchanges
N/A
Address
Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116
Al Maha Petroleum Products Marketing Co SAOG markets and distributes petroleum products. It supplies fuel and petroleum-based products to retail, industrial, and aviation markets and offers environment-friendly oil and lubricants through its service stations. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, and Other sales. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.

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