Castro Model (XTAE:CAST) Effective Interest Rate on Debt % : 6.55% (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Castro Model 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. Castro Model's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₪83 Mil. Castro Model's average total debt for the quarter that ended in Mar. 2024 was ₪1,266 Mil. Therefore, Castro Model's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.55%.

Castro Model Effective Interest Rate on Debt % Historical Data

The historical data trend for Castro Model'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.

Castro Model Effective Interest Rate on Debt % Chart

Castro Model Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

7.59

4.36

4.31

4.45

5.40

Castro Model Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.39	5.91	5.96	4.20	6.55

Competitive Comparison of Castro Model's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, Castro Model'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.

Castro Model's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Castro Model's Effective Interest Rate on Debt % distribution charts can be found below:

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

Castro Model Effective Interest Rate on Debt % Calculation

Castro Model'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 * -68.364	/	( (1247.381	+	1286.579)	/ 2 )
=	-1 * -68.364	/	1266.98
=	5.40 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	960.028	+	287.353
=	1247.381

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1067.345	+	219.234
=	1286.579

Castro Model's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -82.852	/	( (1286.579	+	1244.759)	/ 2 )
=	-1 * -82.852	/	1265.669
=	6.55 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1067.345	+	219.234
=	1286.579

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1016.565	+	228.194
=	1244.759

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

Castro Model (XTAE:CAST) Effective Interest Rate on Debt % Explanation

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

Castro Model Effective Interest Rate on Debt % Related Terms

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

Castro Model (XTAE:CAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Castro Model Ltd (XTAE:CAST) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Ben Zvi Road, Tel Aviv, ISR, 68103

Website

https://www.castro.com

Castro Model Ltd designs, manufactures, and distributes fashion wear for men, women, girls, boys and baby in Israel. The company has three segments which include: the Red line for casual fashion, the Black line, a smart, sophisticated and elegant line and the Blue line, a line of jeans. It also offers complementary collections such as shoes and bags, glasses, lingerie, jewelry and even bicycles and other accessories. The company involves in the retail marketing of fashion products through branded stores operated by subsidiaries in Israel.