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National Aluminum Products CoOG (MUS:NAPI) Effective Interest Rate on Debt % : 6.52% (As of Mar. 2023)


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What is National Aluminum Products 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. National Aluminum Products CoOG's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ر.ع1.12 Mil. National Aluminum Products CoOG's average total debt for the quarter that ended in Mar. 2023 was ر.ع17.18 Mil. Therefore, National Aluminum Products CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 6.52%.


National Aluminum Products CoOG Effective Interest Rate on Debt % Historical Data

The historical data trend for National Aluminum Products 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.

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National Aluminum Products CoOG Effective Interest Rate on Debt % Chart

National Aluminum Products CoOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.84 5.60 5.56 5.58 7.31

National Aluminum Products CoOG Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar22 Jun22 Dec22 Mar23 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 5.98 7.66 - 6.52 -

Competitive Comparison of National Aluminum Products CoOG's Effective Interest Rate on Debt %

For the Aluminum subindustry, National Aluminum Products 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.


National Aluminum Products CoOG's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, National Aluminum Products CoOG's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where National Aluminum Products CoOG's Effective Interest Rate on Debt % falls into.



National Aluminum Products CoOG Effective Interest Rate on Debt % Calculation

National Aluminum Products 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  *  -1.259/( (0+17.226)/ 1 )
=-1  *  -1.259/17.226
=7.31 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.711 + 13.515
=17.226

National Aluminum Products CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Mar. 2023 ))/ count )
=-1  *  -1.12/( (0+17.175)/ 1 )
=-1  *  -1.12/17.175
=6.52 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.068 + 16.107
=17.175

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


National Aluminum Products CoOG  (MUS:NAPI) Effective Interest Rate on Debt % Explanation

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


National Aluminum Products CoOG Effective Interest Rate on Debt % Related Terms

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National Aluminum Products CoOG Business Description

Traded in Other Exchanges
N/A
Address
Road No. 7 , Next to Raha Polyproducts, 7 Rusayl Industrial Estate, P.O. Box 15, Rusayl, OMN, 124
National Aluminum Products Co SAOG is engaged in the manufacturing and sale of aluminum and its related products. The company offers a range of aluminum profile extrusions in finishes that help in functional modern design specifications. Its various processes include extrusion process, anodizing, powder coating, wood finish, thermal crimping and packaging and delivery. The extrusion presses are complemented by one anodizing line and two powder coating lines. In addition, the company also houses two wood finish lines and a crimping and bending facility.

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