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Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Effective Interest Rate on Debt % : 32.40% (As of Sep. 2023)


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What is Frigo Pak Gida Maddelerin Ve Ticaret AS 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. Frigo Pak Gida Maddelerin Ve Ticaret AS's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₺39.8 Mil. Frigo Pak Gida Maddelerin Ve Ticaret AS's average total debt for the quarter that ended in Sep. 2023 was ₺122.7 Mil. Therefore, Frigo Pak Gida Maddelerin Ve Ticaret AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 32.40%.


Frigo Pak Gida Maddelerin Ve Ticaret AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Frigo Pak Gida Maddelerin Ve Ticaret AS'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.

Frigo Pak Gida Maddelerin Ve Ticaret AS Effective Interest Rate on Debt % Chart

Frigo Pak Gida Maddelerin Ve Ticaret AS Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.52 4.74 6.59 283.45 299.55

Frigo Pak Gida Maddelerin Ve Ticaret AS Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.00 -21.36 17.81 64.83 32.40

Competitive Comparison of Frigo Pak Gida Maddelerin Ve Ticaret AS's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Frigo Pak Gida Maddelerin Ve Ticaret AS'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.


Frigo Pak Gida Maddelerin Ve Ticaret AS's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Frigo Pak Gida Maddelerin Ve Ticaret AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Frigo Pak Gida Maddelerin Ve Ticaret AS's Effective Interest Rate on Debt % falls into.



Frigo Pak Gida Maddelerin Ve Ticaret AS Effective Interest Rate on Debt % Calculation

Frigo Pak Gida Maddelerin Ve Ticaret AS'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  *  -51.5/( (17.637+16.748)/ 2 )
=-1  *  -51.5/17.1925
=299.55 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.226 + 4.411
=17.637

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.002 + 6.746
=16.748

Frigo Pak Gida Maddelerin Ve Ticaret AS'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  *  -39.752/( (121.69+123.707)/ 2 )
=-1  *  -39.752/122.6985
=32.40 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=41.79 + 79.9
=121.69

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.643 + 97.064
=123.707

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


Frigo Pak Gida Maddelerin Ve Ticaret AS  (IST:FRIGO) Effective Interest Rate on Debt % Explanation

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


Frigo Pak Gida Maddelerin Ve Ticaret AS Effective Interest Rate on Debt % Related Terms

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Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Business Description

Traded in Other Exchanges
N/A
Address
Fenerbahce Mahallesi Haci Mehmet Sok. No. 24 F, Block Apartment: 21-22, Kadikoy, Istanbul, TUR
Frigo Pak Gida Maddeleri San Ve Ticaret AS is a food producer and exporter. The company manufactures gas and non-carbonated beverages, fruit juice, canned, frozen food as well as puree and sauces. It exports its products to more than 10 countries. The company products include sunpride, sunpride organic, strawberry canned, Erik canned food, mexican beans, and sour cherry.

Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Headlines

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