Saudi Automotive Services Co (SAU:4050) Effective Interest Rate on Debt % : 3.79% (As of Jun. 2024)

View and export this data going back to . Start your Free Trial

What is Saudi Automotive Services 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. Saudi Automotive Services Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ﷼154 Mil. Saudi Automotive Services Co's average total debt for the quarter that ended in Jun. 2024 was ﷼4,080 Mil. Therefore, Saudi Automotive Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 3.79%.

Saudi Automotive Services Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Saudi Automotive Services 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.

* Premium members only.

Saudi Automotive Services Co Effective Interest Rate on Debt % Chart

Saudi Automotive Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.71

2.82

3.04

3.89

4.05

Saudi Automotive Services Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.00	3.94	4.35	4.47	3.79

Competitive Comparison of Saudi Automotive Services Co's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, Saudi Automotive Services 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.

Saudi Automotive Services Co's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saudi Automotive Services Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Saudi Automotive Services Co's Effective Interest Rate on Debt % falls into.

Saudi Automotive Services Co Effective Interest Rate on Debt % Calculation

Saudi Automotive Services Co'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 * -158.928	/	( (4010.268	+	3831.603)	/ 2 )
=	-1 * -158.928	/	3920.9355
=	4.05 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3674.808	+	335.46
=	4010.268

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3491.706	+	339.897
=	3831.603

Saudi Automotive Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -154.464	/	( (3836.1	+	4324.471)	/ 2 )
=	-1 * -154.464	/	4080.2855
=	3.79 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3501.338	+	334.762
=	3836.1

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3861.107	+	463.364
=	4324.471

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

Saudi Automotive Services Co (SAU:4050) Effective Interest Rate on Debt % Explanation

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

Saudi Automotive Services Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Saudi Automotive Services Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Saudi Automotive Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Saudi Automotive Services Co (SAU:4050) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makkah Al Mukarramah Road (Khurais), Building No. 4870, King Abdulaziz district, Riyadh, SAU, 12411

Website

https://www.sasco.com.sa

Saudi Automotive Services Co. is a company engaged in providing services to vehicles and travelers by establishing central workshops to provide the highest level of maintenance and repair and establishing a network of vehicle service stations, as well as providing rest houses and restaurants, importing and selling foodstuffs, drinks, beverages and raw materials required therefor, importing vehicles and spare parts of all kinds for the Group's business and trading in them after obtaining the necessary licenses, carrying out all types of contracting for establishment, management, maintenance and operation of residential and commercial buildings. The company operates in following segments: Retail and operation, Saudi Club, Transportation Fleet and others.

Saudi Automotive Services Co Headlines

No Headlines