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National Gas & Industrialization Co (SAU:2080) Effective Interest Rate on Debt % : 3.92% (As of Dec. 2024)


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What is National Gas & Industrialization Co 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 Gas & Industrialization Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ﷼5 Mil. National Gas & Industrialization Co's average total debt for the quarter that ended in Dec. 2024 was ﷼135 Mil. Therefore, National Gas & Industrialization Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.92%.


National Gas & Industrialization Co Effective Interest Rate on Debt % Historical Data

The historical data trend for National Gas & Industrialization Co'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 Gas & Industrialization Co Effective Interest Rate on Debt % Chart

National Gas & Industrialization Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 4.00 4.03 3.19 4.49

National Gas & Industrialization Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.77 5.67 3.78 6.47 3.92

Competitive Comparison of National Gas & Industrialization Co's Effective Interest Rate on Debt %

For the Oil & Gas Integrated subindustry, National Gas & Industrialization Co'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 Gas & Industrialization Co's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Gas & Industrialization Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where National Gas & Industrialization Co's Effective Interest Rate on Debt % falls into.


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National Gas & Industrialization Co Effective Interest Rate on Debt % Calculation

National Gas & Industrialization Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -4.656/( (71.151+136.044)/ 2 )
=-1  *  -4.656/103.5975
=4.49 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=37.369 + 33.782
=71.151

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.561 + 129.483
=136.044

National Gas & Industrialization Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -5.292/( (134.006+136.044)/ 2 )
=-1  *  -5.292/135.025
=3.92 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.89 + 124.116
=134.006

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.561 + 129.483
=136.044

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


National Gas & Industrialization Co  (SAU:2080) Effective Interest Rate on Debt % Explanation

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


National Gas & Industrialization Co Effective Interest Rate on Debt % Related Terms

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National Gas & Industrialization Co Business Description

Traded in Other Exchanges
N/A
Address
Prince Abdul Aziz bin Musaid Ben Galloway, No 331, P.O. Box 564, Olaya Area, North of King Fahd Medical City Building, Riyadh, SAU, 11421
National Gas & Industrialization Co is engaged in carrying out all work related to the exploitation, manufacturing, and marketing of all kinds of gas and its derivatives and industrial gases inside and outside the Kingdom of Saudi Arabia. Along with its subsidiaries, it is also involved in other business activities such as; selling, manufacturing, and maintaining cages, cylinders, tanks, and accessories; maintenance of gas networks and accessories; providing water treatment and environmental services; participating in energy production; and acquiring real estate and purchasing land for the construction of buildings, etc. The company's business segments are; Central region SR, which derives maximum revenue, Western region SR, Eastern region SR, and Southern region SR.

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