Thimar Development Holding Co (SAU:4160) Effective Interest Rate on Debt % : 0.31% (As of Sep. 2024)

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

What is Thimar Development 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. Thimar Development Holding Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ﷼0.05 Mil. Thimar Development Holding Co's average total debt for the quarter that ended in Sep. 2024 was ﷼15.34 Mil. Therefore, Thimar Development Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.31%.

Thimar Development Holding Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Thimar Development 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.

* Premium members only.

Thimar Development Holding Co Effective Interest Rate on Debt % Chart

Thimar Development Holding Co Annual Data

Trend

Dec12

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

0.06

Thimar Development 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															-	-	-	0.05	0.31

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

For the Farm Products subindustry, Thimar Development 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.

Thimar Development Holding Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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

Save Embed

;

Save Embed

;

Thimar Development Holding Co Effective Interest Rate on Debt % Calculation

Thimar Development 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 * 0	/	( (32.033	+	14.121)	/ 2 )
=	-1 * 0	/	23.077
=	0.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	32.033
=	32.033

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.121	+	0
=	14.121

Thimar Development 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 * -0.048	/	( (15.291	+	15.394)	/ 2 )
=	-1 * -0.048	/	15.3425
=	0.31 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.044	+	3.247
=	15.291

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.123	+	3.271
=	15.394

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.

Thimar Development Holding Co (SAU:4160) Effective Interest Rate on Debt % Explanation

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

Thimar Development Holding Co Effective Interest Rate on Debt % Related Terms

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

Thimar Development Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thimar Development Holding Co (SAU:4160) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Oroba Road, Building No. 3549, Al Olaya District, Next to Al Ahli Bank, Riyadh, SAU

Website

http://www.thimarfresh.com

Thimar Development Holding Co is engaged in marketing, wholesale and retail trade of agricultural products, foodstuffs, and all kinds of meat, fresh, chilled, and frozen. Also providing services in marketing, maintenance, and management of agricultural projects, management, and operation of central wholesale markets. The company has activities only in the kingdom of Saudi Arabia.

Thimar Development Holding Co Headlines

No Headlines