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AlSaif Stores for Development and Investment Co (SAU:4192) Effective Interest Rate on Debt % : 6.07% (As of Mar. 2024)


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What is AlSaif Stores for Development and Investment 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. AlSaif Stores for Development and Investment Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ﷼25.3 Mil. AlSaif Stores for Development and Investment Co's average total debt for the quarter that ended in Mar. 2024 was ﷼417.6 Mil. Therefore, AlSaif Stores for Development and Investment Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.07%.


AlSaif Stores for Development and Investment Co Effective Interest Rate on Debt % Historical Data

The historical data trend for AlSaif Stores for Development and Investment 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.

AlSaif Stores for Development and Investment Co Effective Interest Rate on Debt % Chart

AlSaif Stores for Development and Investment Co Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
4.05 5.27 4.04

AlSaif Stores for Development and Investment Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.63 4.80 5.71 5.99 6.07

Competitive Comparison of AlSaif Stores for Development and Investment Co's Effective Interest Rate on Debt %

For the Furnishings, Fixtures & Appliances subindustry, AlSaif Stores for Development and Investment 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.


AlSaif Stores for Development and Investment Co's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, AlSaif Stores for Development and Investment Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where AlSaif Stores for Development and Investment Co's Effective Interest Rate on Debt % falls into.



AlSaif Stores for Development and Investment Co Effective Interest Rate on Debt % Calculation

AlSaif Stores for Development and Investment 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  *  -11.839/( (130.451+455.613)/ 2 )
=-1  *  -11.839/293.032
=4.04 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=112.17 + 18.281
=130.451

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=198.796 + 256.817
=455.613

AlSaif Stores for Development and Investment Co'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  *  -25.344/( (455.613+379.618)/ 2 )
=-1  *  -25.344/417.6155
=6.07 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=198.796 + 256.817
=455.613

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=155.015 + 224.603
=379.618

* 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.

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.


AlSaif Stores for Development and Investment Co  (SAU:4192) Effective Interest Rate on Debt % Explanation

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


AlSaif Stores for Development and Investment Co Effective Interest Rate on Debt % Related Terms

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AlSaif Stores for Development and Investment Co (SAU:4192) Business Description

Traded in Other Exchanges
N/A
Address
Saud bin Abdulaziz bin Mohammed Street, Riyadh Altaawon Distrct Emam, P.O. Box 10448, Riyadh, SAU, 11626
AlSaif Stores for Development and Investment Co operates in the home utensils and appliances retail sector in Saudi Arabia. The company fulfills customer needs such as by providing small home appliances, kitchenware, serveware, and other home accessories.

AlSaif Stores for Development and Investment Co (SAU:4192) Headlines

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