Sasini (NAI:SASN) Effective Interest Rate on Debt % : 31.71% (As of Mar. 2024)

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What is Sasini 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. Sasini's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was KES195 Mil. Sasini's average total debt for the quarter that ended in Mar. 2024 was KES613 Mil. Therefore, Sasini's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 31.71%.

Sasini Effective Interest Rate on Debt % Historical Data

The historical data trend for Sasini'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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Sasini Effective Interest Rate on Debt % Chart

Sasini Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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13.38

19.34

54.98

36.91

33.51

Sasini Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.47	3.02	24.10	-7.21	31.71

Competitive Comparison of Sasini's Effective Interest Rate on Debt %

For the Farm Products subindustry, Sasini'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.

Sasini's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sasini's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sasini Effective Interest Rate on Debt % Calculation

Sasini's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -23.776	/	( (59.029	+	82.882)	/ 2 )
=	-1 * -23.776	/	70.9555
=	33.51 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	48.869	+	10.16
=	59.029

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	47.363	+	35.519
=	82.882

Sasini's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -194.502	/	( (82.882	+	1144.044)	/ 2 )
=	-1 * -194.502	/	613.463
=	31.71 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	47.363	+	35.519
=	82.882

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	43.273	+	1100.771
=	1144.044

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 two times the semi-annual (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sasini (NAI:SASN) Effective Interest Rate on Debt % Explanation

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

Sasini Effective Interest Rate on Debt % Related Terms

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Sasini (NAI:SASN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sasini PLC (NAI:SASN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Brookside Grove, Rivaan Centre, P.O. Box 30151, 3rd Floor, Westlands, Nairobi, KEN, 00100

Website

https://www.sasini.co.ke

Sasini PLC, along with its subsidiaries, is engaged inare the growing, processing, and sale of tea and coffee, the milling and trading of coffee, value addition operations on related products, and forestry and packing of avocado fruits and macadamia nuts for export. The operating segments of the group are Tea, Coffee, Macadamia, Avocado, and Others. It derives key revenue from the Tea segment which involves the growing and processing of tea. Its products include Retail tea, Bulk tea, Retail coffee, Bulk coffee, and other products.

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