Nofoth Food Products Co (SAU:9556) Effective Interest Rate on Debt % : 7.10% (As of Dec. 2024)

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What is Nofoth Food Products 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. Nofoth Food Products Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ﷼2.7 Mil. Nofoth Food Products Co's average total debt for the quarter that ended in Dec. 2024 was ﷼38.0 Mil. Therefore, Nofoth Food Products Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 7.10%.

Nofoth Food Products Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Nofoth Food Products 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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Nofoth Food Products Co Effective Interest Rate on Debt % Chart

Nofoth Food Products Co Annual Data

Trend

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

3.06

4.00

5.59

Nofoth Food Products Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			3.29	3.40	4.54	4.43	7.10

Competitive Comparison of Nofoth Food Products Co's Effective Interest Rate on Debt %

For the Grocery Stores subindustry, Nofoth Food Products 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.

Nofoth Food Products Co's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Nofoth Food Products Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Nofoth Food Products Co's Effective Interest Rate on Debt % falls into.

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Nofoth Food Products Co Effective Interest Rate on Debt % Calculation

Nofoth Food Products 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 * -1.998	/	( (26.922	+	44.557)	/ 2 )
=	-1 * -1.998	/	35.7395
=	5.59 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.175	+	12.747
=	26.922

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.868	+	15.689
=	44.557

Nofoth Food Products 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 * -2.702	/	( (31.539	+	44.557)	/ 2 )
=	-1 * -2.702	/	38.048
=	7.10 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.429	+	16.11
=	31.539

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.868	+	15.689
=	44.557

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.

Nofoth Food Products Co (SAU:9556) Effective Interest Rate on Debt % Explanation

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

Nofoth Food Products Co Effective Interest Rate on Debt % Related Terms

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Nofoth Food Products Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nofoth Food Products Co (SAU:9556) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Bakr Al-Siddiq Road, Al-Nuzha, P.O. Box 2747, Riyadh, SAU, 12471

Website

https://www.nofoth.com

Nofoth Food Products Co is engaged in retail sales of bakery products and sugary sweets, retail sales of nuts, coffee, spices, and perfumes, operating service restaurants, providing food service contracting, managing main offices, manufacturing sugary sweets such as confectionery, caramel, toffee, and nougat, operating dry food stores, offering light transportation services, wholesale of used oils and export, automated bread production, pie manufacturing, biscuit production, and the production of various types of popular and oriental sweets. The company also handles the road transport of goods, including refrigerated, frozen goods and main offices activities.

Nofoth Food Products Co Headlines

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