Gas Arabian Services Co (SAU:9528) Effective Interest Rate on Debt % : -0.04% (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Gas Arabian Services 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. Gas Arabian Services Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ﷼-0 Mil. Gas Arabian Services Co's average total debt for the quarter that ended in Dec. 2024 was ﷼5 Mil. Therefore, Gas Arabian Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was -0.04%.

Gas Arabian Services Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Gas Arabian Services 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.

Gas Arabian Services Co Effective Interest Rate on Debt % Chart

Gas Arabian Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

23.43

6.11

16.15

9.43

Gas Arabian Services Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-11.22	50.05	-27.08	22.08	-0.04

Competitive Comparison of Gas Arabian Services Co's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Gas Arabian Services 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.

Gas Arabian Services Co's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gas Arabian Services Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Gas Arabian Services Co's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Gas Arabian Services Co Effective Interest Rate on Debt % Calculation

Gas Arabian Services Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -0.418	/	( (3.616	+	5.246)	/ 2 )
=	-1 * -0.418	/	4.431
=	9.43 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.477	+	1.139
=	3.616

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.392	+	1.854
=	5.246

Gas Arabian Services Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * 0.002	/	( (3.974	+	5.246)	/ 2 )
=	-1 * 0.002	/	4.61
=	-0.04 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.882	+	1.092
=	3.974

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.392	+	1.854
=	5.246

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 two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Gas Arabian Services Co (SAU:9528) Effective Interest Rate on Debt % Explanation

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

Gas Arabian Services Co Effective Interest Rate on Debt % Related Terms

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

Gas Arabian Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gas Arabian Services Co (SAU:9528) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Saud Street, P.O. Box 3422, Dammam, SAU, 31471

Website

https://www.gasarabian.com

Gas Arabian Services Co is in the business of wholesale of machinery and equipment, electrical, electronic, mechanical, hydromechanical, petroleum, industrial equipment, drilling equipment, technical equipment, desalination equipment, generators and spare parts, providing operational, maintenance and technical engineering services, manufacturing of piping spools, structural steel fabrication, pressure reducing stations and other industry essential products. Business is organized into three segments being Technical services, Trading and Manufacturing. Substantial revenue is generated from the Trading segment which is engaged in sales of industrial, electrical, mechanical, hydromechanical, petroleum and other technical equipment.

Gas Arabian Services Co Headlines

No Headlines