Shatirah House Restaurant Co (SAU:6016) Effective Interest Rate on Debt % : 6.85% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Shatirah House Restaurant 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. Shatirah House Restaurant Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ﷼2.5 Mil. Shatirah House Restaurant Co's average total debt for the quarter that ended in Sep. 2024 was ﷼36.7 Mil. Therefore, Shatirah House Restaurant Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 6.85%.

Shatirah House Restaurant Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shatirah House Restaurant 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.

Shatirah House Restaurant Co Effective Interest Rate on Debt % Chart

Shatirah House Restaurant Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

3.10

2.99

3.80

4.46

Shatirah House Restaurant Co Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								4.55	4.82	4.99	6.07	6.85

Competitive Comparison of Shatirah House Restaurant Co's Effective Interest Rate on Debt %

For the Restaurants subindustry, Shatirah House Restaurant 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.

Shatirah House Restaurant Co's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Shatirah House Restaurant Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shatirah House Restaurant Co's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Shatirah House Restaurant Co Effective Interest Rate on Debt % Calculation

Shatirah House Restaurant 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 * -2.263	/	( (60.098	+	41.495)	/ 2 )
=	-1 * -2.263	/	50.7965
=	4.46 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36.57	+	23.528
=	60.098

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.178	+	19.317
=	41.495

Shatirah House Restaurant 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 * -2.512	/	( (37.831	+	35.537)	/ 2 )
=	-1 * -2.512	/	36.684
=	6.85 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.791	+	15.04
=	37.831

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.147	+	12.39
=	35.537

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.

Shatirah House Restaurant Co (SAU:6016) Effective Interest Rate on Debt % Explanation

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

Shatirah House Restaurant Co Effective Interest Rate on Debt % Related Terms

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

Shatirah House Restaurant Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Shatirah House Restaurant Co (SAU:6016) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dhahrat Laban District, P.O. Box: 7277, Riyadh, SAU, 12562

Website

https://www.burgerizzr.com

Shatirah House Restaurant Co deals with fast food activities, including (pizza restaurants). The company operates in a single segment which is selling fast food restaurants completely within the Kingdom of Saudi Arabia.

Shatirah House Restaurant Co Headlines

No Headlines