Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Effective Interest Rate on Debt % : 17.10% (As of Mar. 2015)

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What is Esfahans Mobarakeh Steel 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. Esfahans Mobarakeh Steel Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2015 was IRR8,862,493 Mil. Esfahans Mobarakeh Steel Co's average total debt for the quarter that ended in Mar. 2015 was IRR51,814,716 Mil. Therefore, Esfahans Mobarakeh Steel Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2015 was 17.10%.

Esfahans Mobarakeh Steel Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Esfahans Mobarakeh Steel 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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Esfahans Mobarakeh Steel Co Effective Interest Rate on Debt % Chart

Esfahans Mobarakeh Steel Co Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Effective Interest Rate on Debt %

9.77

15.39

16.80

17.10

Esfahans Mobarakeh Steel Co Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15
Effective Interest Rate on Debt %	-	9.77	15.39	16.80	17.10

Competitive Comparison of Esfahans Mobarakeh Steel Co's Effective Interest Rate on Debt %

For the Steel subindustry, Esfahans Mobarakeh Steel 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.

Esfahans Mobarakeh Steel Co's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Esfahans Mobarakeh Steel Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Esfahans Mobarakeh Steel Co's Effective Interest Rate on Debt % falls into.

Esfahans Mobarakeh Steel Co Effective Interest Rate on Debt % Calculation

Esfahans Mobarakeh Steel Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2014 )	+	Total Debt (A: Mar. 2015 ))	/ count )
=	-1 * -8862493	/	( (45354832	+	58274600)	/ 2 )
=	-1 * -8862493	/	51814716
=	17.10 %

where

	Total Debt (A: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5468055	+	39886777
=	45354832

	Total Debt (A: Mar. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5261391	+	53013209
=	58274600

Esfahans Mobarakeh Steel Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2014 )	+	Total Debt (Q: Mar. 2015 ))	/ count )
=	-1 * -8862493	/	( (45354832	+	58274600)	/ 2 )
=	-1 * -8862493	/	51814716
=	17.10 %

where

	Total Debt (Q: Mar. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5468055	+	39886777
=	45354832

	Total Debt (Q: Mar. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5261391	+	53013209
=	58274600

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 one times the annual (Mar. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Effective Interest Rate on Debt % Explanation

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

Esfahans Mobarakeh Steel Co Effective Interest Rate on Debt % Related Terms

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Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Esfahans Mobarakeh Steel Co (XTEH:FOLD1) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Sa'adat Abad Street, P.O.BOX: 161-84815, Azadi Square, Esfahan, IRN, 11131-84881

Website

http://www.msc.ir

Esfahans Mobarakeh Steel Co is an Iran-based company engaged in producing steel in the Middle East and Northern Africa. Its products include hot rolled products, cold rolled products, coated products including galvanized, tinned and pre-painted products. The company's products are used in various industries, such as automotive, construction, household appliances, and packaging. It also exports its products to Belgium, France, Italy, Spain, Qatar, Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Oman, Jordan, Armenia, and Georgia.

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