Ithmaar Holding BSC (BAH:ITHMR) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Ithmaar Holding BSC 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. Ithmaar Holding BSC's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.0 Mil. Ithmaar Holding BSC's average total debt for the quarter that ended in Mar. 2024 was $68.5 Mil. Therefore, Ithmaar Holding BSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Ithmaar Holding BSC Effective Interest Rate on Debt % Historical Data

The historical data trend for Ithmaar Holding BSC'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.

Ithmaar Holding BSC Effective Interest Rate on Debt % Chart

Ithmaar Holding BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

Ithmaar Holding BSC 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															-	-	-	-	-

Competitive Comparison of Ithmaar Holding BSC's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Ithmaar Holding BSC'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.

Ithmaar Holding BSC's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ithmaar Holding BSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ithmaar Holding BSC's Effective Interest Rate on Debt % falls into.

Ithmaar Holding BSC Effective Interest Rate on Debt % Calculation

Ithmaar Holding BSC'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 * 0	/	( (64.887	+	68.482)	/ 2 )
=	-1 * 0	/	66.6845
=	0.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	64.887	+	0
=	64.887

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	68.482	+	0
=	68.482

Ithmaar Holding BSC'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 * 0	/	( (68.482	+	0)	/ 1 )
=	-1 * 0	/	68.482
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	68.482	+	0
=	68.482

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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.

Ithmaar Holding BSC (BAH:ITHMR) Effective Interest Rate on Debt % Explanation

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

Ithmaar Holding BSC Effective Interest Rate on Debt % Related Terms

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

Ithmaar Holding BSC (BAH:ITHMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ithmaar Holding BSC (BAH:ITHMR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ITHMR:United Arab Emirates

Address

Seef Tower, P.O. Box 2820, Seef District, Manama, BHR

Website

https://www.ithmaarholding.com

Ithmaar Holding BSC is engaged in providing financial services, including retail, commercial, asset management, private banking, takaful, equipment leasing, and real estate development. It also acts as a manager, on a trustee basis of funds deposited for investment in accordance with Islamic laws and principles, particularly regarding the prohibition of receiving or paying interest. The group's business segment includes Retail and Corporate banking, where it receives customer funds, and deposits and extends financing to its retail and corporate clients; Asset Management/ Investment Banking, where it directly participates in investment opportunities and Others.

Ithmaar Holding BSC (BAH:ITHMR) Headlines

No Headlines