Marka PJSC (DFM:MARKA) Effective Interest Rate on Debt % : 4.92% (As of Dec. 2018)

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What is Marka PJSC 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. Marka PJSC's annualized positive value of Interest Expense for the quarter that ended in Dec. 2018 was د.إ24.51 Mil. Marka PJSC's average total debt for the quarter that ended in Dec. 2018 was د.إ498.06 Mil. Therefore, Marka PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 was 4.92%.

Marka PJSC Effective Interest Rate on Debt % Historical Data

The historical data trend for Marka PJSC'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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Marka PJSC Effective Interest Rate on Debt % Chart

Marka PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

2.76

4.46

5.74

5.56

Marka PJSC Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												6.83	4.91	5.77	5.55	4.92

Competitive Comparison of Marka PJSC's Effective Interest Rate on Debt %

For the Department Stores subindustry, Marka PJSC'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.

Marka PJSC's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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

Marka PJSC Effective Interest Rate on Debt % Calculation

Marka PJSC's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -28.117	/	( (556.934	+	453.794)	/ 2 )
=	-1 * -28.117	/	505.364
=	5.56 %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	358.786	+	198.148
=	556.934

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	97.5	+	356.294
=	453.794

Marka PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2018 )	+	Total Debt (Q: Dec. 2018 ))	/ count )
=	-1 * -24.512	/	( (542.328	+	453.794)	/ 2 )
=	-1 * -24.512	/	498.061
=	4.92 %

where

	Total Debt (Q: Sep. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	444.269	+	98.059
=	542.328

	Total Debt (Q: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	97.5	+	356.294
=	453.794

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. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Marka PJSC (DFM:MARKA) Effective Interest Rate on Debt % Explanation

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

Marka PJSC Effective Interest Rate on Debt % Related Terms

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Marka PJSC (DFM:MARKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marka PJSC (DFM:MARKA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 9, Level 3, D3 (Dubai Design District), PO Box 34771, Dubai, ARE

Website

http://www.markaholding.com

Marka PJSC is a Dubai-based company engaged in the operation of retail stores. It deals in luxury apparel, accessories, sports merchandise and other related products. In addition, the group also focuses on food and beverage sector. It operates restaurants and cafes in mid to high-end dining options across global cuisines. The activities of the company include the sale of merchandise, and food and beverage. The group is organised into four reportable segments namely Sports, Fashion, Hospitality and Other.

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