Keir International Co (SAU:9542) Effective Interest Rate on Debt % : 6.82% (As of Jun. 2024)

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What is Keir International 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. Keir International Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ﷼6.1 Mil. Keir International Co's average total debt for the quarter that ended in Jun. 2024 was ﷼89.8 Mil. Therefore, Keir International Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 6.82%.

Keir International Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Keir International 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.

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Keir International Co Effective Interest Rate on Debt % Chart

Keir International Co Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

10.23

2.60

1.91

Keir International Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			7.20	1.81	11.31	-6.37	6.82

Competitive Comparison of Keir International Co's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Keir International 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.

Keir International Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Keir International Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Keir International Co's Effective Interest Rate on Debt % falls into.

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Keir International Co Effective Interest Rate on Debt % Calculation

Keir International 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 * -1.431	/	( (60.14	+	89.844)	/ 2 )
=	-1 * -1.431	/	74.992
=	1.91 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.689	+	43.451
=	60.14

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.834	+	79.01
=	89.844

Keir International Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -6.128	/	( (89.844	+	0)	/ 1 )
=	-1 * -6.128	/	89.844
=	6.82 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.834	+	79.01
=	89.844

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Keir International Co (SAU:9542) Effective Interest Rate on Debt % Explanation

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

Keir International Co Effective Interest Rate on Debt % Related Terms

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Keir International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Keir International Co (SAU:9542) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6678 Wag Valley, Building 67, Area 632, Al Malga District, Riyadh, SAU, 13524-3744

Website

https://www.keir.com.sa

Keir International Co is engaged in laying pipes of all kinds for electricity, communication, etc., installation and maintenance of security devices, repair and maintenance of stations and towers of telecommunications and radar, real state development and residential buildings with modern construction methods, network extensions, extensions of electrical wires, communication wires. The company has two reportable segments which include Telecommunication and Power out of which the majority of the revenue derives from the Telecommunication segment.

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