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EFFI Capital Nadlan (XTAE:EFCP) Effective Interest Rate on Debt % : 4.04% (As of Mar. 2024)


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What is EFFI Capital Nadlan 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. EFFI Capital Nadlan's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₪34.4 Mil. EFFI Capital Nadlan's average total debt for the quarter that ended in Mar. 2024 was ₪850.8 Mil. Therefore, EFFI Capital Nadlan's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.04%.


EFFI Capital Nadlan Effective Interest Rate on Debt % Historical Data

The historical data trend for EFFI Capital Nadlan'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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EFFI Capital Nadlan Effective Interest Rate on Debt % Chart

EFFI Capital Nadlan Annual Data
Trend Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- 4.17 2.62

EFFI Capital Nadlan Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 3.02 3.01 2.88 4.04

Competitive Comparison of EFFI Capital Nadlan's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, EFFI Capital Nadlan'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.


EFFI Capital Nadlan's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, EFFI Capital Nadlan's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where EFFI Capital Nadlan's Effective Interest Rate on Debt % falls into.



EFFI Capital Nadlan Effective Interest Rate on Debt % Calculation

EFFI Capital Nadlan'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  *  -13.601/( (358.745+679.678)/ 2 )
=-1  *  -13.601/519.2115
=2.62 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=108.292 + 250.453
=358.745

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=73.233 + 606.445
=679.678

EFFI Capital Nadlan'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: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -34.372/( (832.777+868.914)/ 2 )
=-1  *  -34.372/850.8455
=4.04 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=192.28 + 640.497
=832.777

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=192.032 + 676.882
=868.914

* 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.

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.


EFFI Capital Nadlan  (XTAE:EFCP) Effective Interest Rate on Debt % Explanation

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


EFFI Capital Nadlan Effective Interest Rate on Debt % Related Terms

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EFFI Capital Nadlan (XTAE:EFCP) Business Description

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EFFI Capital Nadlan Ltd is a company that operates in the initiation and planning of residential construction projects, it also deals with locating real estate, improvement processes and initiation of Bundline projects on its own or through special purpose corporations (SPCs), which are usually private companies Owned by the company and or owned by the group and various partners.

EFFI Capital Nadlan (XTAE:EFCP) Headlines

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