Sinad Holding Co (SAU:4080) Effective Interest Rate on Debt % : 8.54% (As of Sep. 2024)

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What is Sinad Holding 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. Sinad Holding Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ﷼60 Mil. Sinad Holding Co's average total debt for the quarter that ended in Sep. 2024 was ﷼697 Mil. Therefore, Sinad Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 8.54%.

Sinad Holding Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Sinad Holding 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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Sinad Holding Co Effective Interest Rate on Debt % Chart

Sinad Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.38

0.40

0.38

0.33

Sinad Holding Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.84	-18.42	15.57	8.35	8.54

Competitive Comparison of Sinad Holding Co's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Sinad Holding 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.

Sinad Holding Co's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sinad Holding Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Sinad Holding Co Effective Interest Rate on Debt % Calculation

Sinad Holding 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 * -2.479	/	( (814.618	+	704.191)	/ 2 )
=	-1 * -2.479	/	759.4045
=	0.33 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	117.772	+	696.846
=	814.618

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	62.918	+	641.273
=	704.191

Sinad Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -59.552	/	( (709.371	+	684.638)	/ 2 )
=	-1 * -59.552	/	697.0045
=	8.54 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39.17	+	670.201
=	709.371

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	88.222	+	596.416
=	684.638

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

Sinad Holding Co (SAU:4080) Effective Interest Rate on Debt % Explanation

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

Sinad Holding Co Effective Interest Rate on Debt % Related Terms

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Sinad Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sinad Holding Co (SAU:4080) » Definitions » Effective Interest Rate on Debt %

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Address

King Fahad Road, Building No. 7702, CMC Tower, Additional No. 4204, Almalqa District, Riyadh, SAU, 13524

Website

https://sinadholding.com

Sinad Holding Co is a Saudi Arabia-based company engaged in diversified investment activities such as trade, tourism, real estate development, and construction. It is engaged in two business segments including Investment and Industrial segment. Geographically it has a presence in the Kingdom of Saudi Arabia, Egypt, and Other Arab and foreign countries in which key revenue is generated from the Kingdom of Saudi Arabia.

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