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Sohar Power CoOG (MUS:SHPS) Effective Interest Rate on Debt % : 7.07% (As of Dec. 2021)


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What is Sohar Power 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. Sohar Power CoOG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was ر.ع3.16 Mil. Sohar Power CoOG's average total debt for the quarter that ended in Dec. 2021 was ر.ع44.63 Mil. Therefore, Sohar Power CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 7.07%.


Sohar Power CoOG Effective Interest Rate on Debt % Historical Data

The historical data trend for Sohar Power 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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Sohar Power CoOG Effective Interest Rate on Debt % Chart

Sohar Power CoOG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.09 6.34 6.47 6.73 7.02

Sohar Power CoOG Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Sep21 Dec21
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 6.52 7.14 7.01 - 7.07

Competitive Comparison of Sohar Power CoOG's Effective Interest Rate on Debt %

For the Utilities - Independent Power Producers subindustry, Sohar Power 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.


Sohar Power CoOG's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sohar Power CoOG's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sohar Power CoOG's Effective Interest Rate on Debt % falls into.



Sohar Power CoOG Effective Interest Rate on Debt % Calculation

Sohar Power CoOG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -3.532/( (56.097+44.561)/ 2 )
=-1  *  -3.532/50.329
=7.02 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=46.703 + 9.394
=56.097

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=34.195 + 10.366
=44.561

Sohar Power CoOG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2021 )+Total Debt  (Q: Dec. 2021 ))/ count )
=-1  *  -3.156/( (44.707+44.561)/ 2 )
=-1  *  -3.156/44.634
=7.07 %

where

Total Debt  (Q: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=35.257 + 9.45
=44.707

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=34.195 + 10.366
=44.561

* 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. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Sohar Power CoOG  (MUS:SHPS) Effective Interest Rate on Debt % Explanation

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


Sohar Power CoOG Effective Interest Rate on Debt % Related Terms

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Sohar Power CoOG (MUS:SHPS) Business Description

Traded in Other Exchanges
N/A
Address
Jawharat Al Shatti, PO Box 147, Muscat, OMN, 134
Sohar Power Co SAOG owns and operates power generation and water desalination plant in the Sultanate of Oman. The company has built and owned the more than 550 plus megawatt electricity generation and a seawater desalination plant in Sohar.

Sohar Power CoOG (MUS:SHPS) Headlines

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