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International Financial Advisors Holding KPSC (KUW:IFA) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2024)


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What is International Financial Advisors Holding KPSC 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. International Financial Advisors Holding KPSC's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was KWD0.00 Mil. International Financial Advisors Holding KPSC's average total debt for the quarter that ended in Jun. 2024 was KWD27.08 Mil. Therefore, International Financial Advisors Holding KPSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 0.00%.


International Financial Advisors Holding KPSC Effective Interest Rate on Debt % Historical Data

The historical data trend for International Financial Advisors Holding KPSC'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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International Financial Advisors Holding KPSC Effective Interest Rate on Debt % Chart

International Financial Advisors Holding KPSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.98 3.58

International Financial Advisors Holding KPSC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of International Financial Advisors Holding KPSC's Effective Interest Rate on Debt %

For the Asset Management subindustry, International Financial Advisors Holding KPSC'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.


International Financial Advisors Holding KPSC's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, International Financial Advisors Holding KPSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where International Financial Advisors Holding KPSC's Effective Interest Rate on Debt % falls into.



International Financial Advisors Holding KPSC Effective Interest Rate on Debt % Calculation

International Financial Advisors Holding KPSC'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  *  -0.996/( (28.618+27.088)/ 2 )
=-1  *  -0.996/27.853
=3.58 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.618 + 0
=28.618

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27.088 + 0
=27.088

International Financial Advisors Holding KPSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  0/( (27.075+27.075)/ 2 )
=-1  *  0/27.075
=0.00 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27.075 + 0
=27.075

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27.075 + 0
=27.075

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


International Financial Advisors Holding KPSC  (KUW:IFA) Effective Interest Rate on Debt % Explanation

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


International Financial Advisors Holding KPSC Effective Interest Rate on Debt % Related Terms

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International Financial Advisors Holding KPSC Business Description

Traded in Other Exchanges
Address
Al Salhiya Complex, Gate No.1, 5th Floor, P.O. Box 4694, Safat, Kuwait, KWT, 13047
International Financial Advisors Holding KPSC is a Kuwait-based company engaged in investment activities. It provides financial advisory services, borrowing, lending, issuing guarantees, managing investment funds, and portfolio management. Its main business is structured into segments, namely Treasury and Investment and Real Estate and other. The company generates maximum revenue from Treasury and Investment segment.

International Financial Advisors Holding KPSC Headlines

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