Balkankar Zarya (XBUL:BZR) Effective Interest Rate on Debt % : 8.60% (As of Sep. 2023)

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What is Balkankar Zarya 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. Balkankar Zarya's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was лв0.70 Mil. Balkankar Zarya's average total debt for the quarter that ended in Sep. 2023 was лв8.09 Mil. Therefore, Balkankar Zarya's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 8.60%.

Balkankar Zarya Effective Interest Rate on Debt % Historical Data

The historical data trend for Balkankar Zarya'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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Balkankar Zarya Effective Interest Rate on Debt % Chart

Balkankar Zarya Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

4.61

4.48

3.73

3.82

Balkankar Zarya Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									4.61	0.61	5.59	8.10	8.60

Competitive Comparison of Balkankar Zarya's Effective Interest Rate on Debt %

For the Auto Parts subindustry, Balkankar Zarya'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.

Balkankar Zarya's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balkankar Zarya's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Balkankar Zarya's Effective Interest Rate on Debt % falls into.

Balkankar Zarya Effective Interest Rate on Debt % Calculation

Balkankar Zarya's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.301	/	( (8.116	+	7.641)	/ 2 )
=	-1 * -0.301	/	7.8785
=	3.82 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.758	+	0.358
=	8.116

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.286	+	0.355
=	7.641

Balkankar Zarya's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -0.696	/	( (7.832	+	8.355)	/ 2 )
=	-1 * -0.696	/	8.0935
=	8.60 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.121	+	0.711
=	7.832

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.49	+	0.865
=	8.355

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Balkankar Zarya (XBUL:BZR) Effective Interest Rate on Debt % Explanation

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

Balkankar Zarya Effective Interest Rate on Debt % Related Terms

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Balkankar Zarya (XBUL:BZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balkankar Zarya PLC (XBUL:BZR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Tosho Kutev Street, Pavlikeni, BGR, 5200

Website

http://www.balkancarzarya.com

Balkankar Zarya PLC is engaged in the business of manufacturing and supplying steel wheels and rims in Bulgaria. The products are used in electric trucks, electric fork-lift trucks, pallet trucks, electric tractors, motor trucks, and other types of industrial vehicles.

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