Balady Poultry Trading Co (SAU:9559) Effective Interest Rate on Debt % : 6.96% (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Balady Poultry Trading 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. Balady Poultry Trading Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ﷼1.4 Mil. Balady Poultry Trading Co's average total debt for the quarter that ended in Dec. 2024 was ﷼19.9 Mil. Therefore, Balady Poultry Trading Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.96%.

Balady Poultry Trading Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Balady Poultry Trading 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.

Balady Poultry Trading Co Effective Interest Rate on Debt % Chart

Balady Poultry Trading Co Annual Data

Trend

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

1.11

1.50

2.15

Balady Poultry Trading Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							1.52	-	1.83	0.97	6.96

Competitive Comparison of Balady Poultry Trading Co's Effective Interest Rate on Debt %

For the Farm Products subindustry, Balady Poultry Trading 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.

Balady Poultry Trading Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Balady Poultry Trading Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Balady Poultry Trading Co's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Balady Poultry Trading Co Effective Interest Rate on Debt % Calculation

Balady Poultry Trading 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 * -0.451	/	( (12.118	+	29.833)	/ 2 )
=	-1 * -0.451	/	20.9755
=	2.15 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.846	+	8.272
=	12.118

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.084	+	9.749
=	29.833

Balady Poultry Trading 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: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -1.384	/	( (9.924	+	29.833)	/ 2 )
=	-1 * -1.384	/	19.8785
=	6.96 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.951	+	5.973
=	9.924

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.084	+	9.749
=	29.833

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

Balady Poultry Trading Co (SAU:9559) Effective Interest Rate on Debt % Explanation

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

Balady Poultry Trading Co Effective Interest Rate on Debt % Related Terms

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

Balady Poultry Trading Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Balady Poultry Trading Co (SAU:9559) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

62952 Main Road, Wadi bin Hashbal, P.O 51846, Khamis Mushayt, SAU, 61311

Website

https://www.balady-sa.com

Balady Poultry Trading Co is engaged in rearing and producing laying broiler breeders and operating its hatcheries. Operating slaughterhouses; slaughtering and preparing of fresh poultry, rabbit and bird meat; production of chilled and frozen meat; production of fertilizers from organic materials; etc. It operates in a single segment: poultry processing and the sale of chilled and frozen poultry products.

Balady Poultry Trading Co Headlines

No Headlines