Arabian Pipes Co (SAU:2200) Effective Interest Rate on Debt % : 15.51% (As of Dec. 2024)

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What is Arabian Pipes 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. Arabian Pipes Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ﷼66 Mil. Arabian Pipes Co's average total debt for the quarter that ended in Dec. 2024 was ﷼426 Mil. Therefore, Arabian Pipes Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 15.51%.

Arabian Pipes Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Arabian Pipes 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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Arabian Pipes Co Effective Interest Rate on Debt % Chart

Arabian Pipes Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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4.43

4.04

5.23

9.00

13.35

Arabian Pipes 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															13.90	7.51	9.32	11.73	15.51

Competitive Comparison of Arabian Pipes Co's Effective Interest Rate on Debt %

For the Steel subindustry, Arabian Pipes 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.

Arabian Pipes Co's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Arabian Pipes Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Arabian Pipes Co Effective Interest Rate on Debt % Calculation

Arabian Pipes 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 * -59.267	/	( (468.969	+	419.069)	/ 2 )
=	-1 * -59.267	/	444.019
=	13.35 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	43.774	+	425.195
=	468.969

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.019	+	348.05
=	419.069

Arabian Pipes 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 * -66.06	/	( (432.888	+	419.069)	/ 2 )
=	-1 * -66.06	/	425.9785
=	15.51 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.495	+	409.393
=	432.888

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.019	+	348.05
=	419.069

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.

Arabian Pipes Co (SAU:2200) Effective Interest Rate on Debt % Explanation

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

Arabian Pipes Co Effective Interest Rate on Debt % Related Terms

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Arabian Pipes Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Arabian Pipes Co (SAU:2200) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Riyadh Third Industrial City, P.O. Box 42734, Riyadh, SAU, 11551

Website

http://www.arabian-pipes.com

Arabian Pipes Co is engaged in the production and marketing of longitudinally welded steel pipes for pipelines and for construction and commercial purposes. Its other activities include bending, shaping, and threading pipes from the outside and inside, carrying out commercial business such as selling and buying pipes, and their accessories, carrying out pipeline extension works, manufacturing pipes, hoses, plastic pipes, their connections and accessories, and manufacturing hollow iron and steel.

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