Bin Dawood Holding (SAU:4161) Effective Interest Rate on Debt % : 3.93% (As of Mar. 2024)

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What is Bin Dawood Holding 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. Bin Dawood Holding's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ﷼84 Mil. Bin Dawood Holding's average total debt for the quarter that ended in Mar. 2024 was ﷼2,142 Mil. Therefore, Bin Dawood Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.93%.

Bin Dawood Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for Bin Dawood Holding'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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Bin Dawood Holding Effective Interest Rate on Debt % Chart

Bin Dawood Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

3.80

3.82

3.59

3.64

3.98

Bin Dawood Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													3.83	3.92	3.97	3.82	3.93

Competitive Comparison of Bin Dawood Holding's Effective Interest Rate on Debt %

For the Grocery Stores subindustry, Bin Dawood Holding'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.

Bin Dawood Holding's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Bin Dawood Holding's Effective Interest Rate on Debt % distribution charts can be found below:

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

Bin Dawood Holding Effective Interest Rate on Debt % Calculation

Bin Dawood Holding'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 * -89.177	/	( (2298.455	+	2185.352)	/ 2 )
=	-1 * -89.177	/	2241.9035
=	3.98 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1979.015	+	319.44
=	2298.455

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1878.487	+	306.865
=	2185.352

Bin Dawood Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -84.216	/	( (2185.352	+	2098.453)	/ 2 )
=	-1 * -84.216	/	2141.9025
=	3.93 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1878.487	+	306.865
=	2185.352

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1813.341	+	285.112
=	2098.453

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

Bin Dawood Holding (SAU:4161) Effective Interest Rate on Debt % Explanation

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

Bin Dawood Holding Effective Interest Rate on Debt % Related Terms

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Bin Dawood Holding (SAU:4161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bin Dawood Holding (SAU:4161) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Madinah Al-Munawarah Road, Al Naeem, Jeddah, SAU, 21530

Website

https://www.bindawoodholding.com

Bin Dawood Holding is the grocery retail operator of hypermarkets and supermarkets in Saudi Arabia. The company's Stores comprise trading of FMCG, fresh Food Products, and Non-Food Products, including household consumable items, as well as the ownership and management of in-store bakeries.

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