Aljouf Mineral Water Bottling Co (SAU:9532) Effective Interest Rate on Debt % : 6.57% (As of Dec. 2023)

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What is Aljouf Mineral Water Bottling Co 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. Aljouf Mineral Water Bottling Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ﷼3.15 Mil. Aljouf Mineral Water Bottling Co's average total debt for the quarter that ended in Dec. 2023 was ﷼48.03 Mil. Therefore, Aljouf Mineral Water Bottling Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.57%.

Aljouf Mineral Water Bottling Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Aljouf Mineral Water Bottling Co'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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Aljouf Mineral Water Bottling Co Effective Interest Rate on Debt % Chart

Aljouf Mineral Water Bottling Co Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

0.72

1.15

4.68

Aljouf Mineral Water Bottling Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			0.91	0.70	1.65	1.25	6.57

Competitive Comparison of Aljouf Mineral Water Bottling Co's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, Aljouf Mineral Water Bottling Co'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.

Aljouf Mineral Water Bottling Co's Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Aljouf Mineral Water Bottling Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Aljouf Mineral Water Bottling Co's Effective Interest Rate on Debt % falls into.

Aljouf Mineral Water Bottling Co Effective Interest Rate on Debt % Calculation

Aljouf Mineral Water Bottling Co'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 * -2.041	/	( (69.724	+	17.459)	/ 2 )
=	-1 * -2.041	/	43.5915
=	4.68 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.495	+	49.229
=	69.724

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.7	+	6.759
=	17.459

Aljouf Mineral Water Bottling Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -3.154	/	( (78.603	+	17.459)	/ 2 )
=	-1 * -3.154	/	48.031
=	6.57 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29.682	+	48.921
=	78.603

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.7	+	6.759
=	17.459

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Aljouf Mineral Water Bottling Co (SAU:9532) Effective Interest Rate on Debt % Explanation

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

Aljouf Mineral Water Bottling Co Effective Interest Rate on Debt % Related Terms

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Aljouf Mineral Water Bottling Co (SAU:9532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Aljouf Mineral Water Bottling Co (SAU:9532) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bin Ahmed Al Sudairi Street, Al Waha District - Turki, Riyadh, SAU

Website

https://www.hilwawater.sa

Aljouf Mineral Water Bottling Co is involved in the production and bottling of mineral water, production and bottling of filtered pure water, and manufacturing of bottles in various forms of plastics.

Aljouf Mineral Water Bottling Co (SAU:9532) Headlines

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