PhosAgro PJSC (MIC:PHOR) Effective Interest Rate on Debt % : 3.37% (As of Sep. 2023)

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What is PhosAgro 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. PhosAgro PJSC's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₽8,352 Mil. PhosAgro PJSC's average total debt for the quarter that ended in Sep. 2023 was ₽248,065 Mil. Therefore, PhosAgro PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 3.37%.

PhosAgro PJSC Effective Interest Rate on Debt % Historical Data

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

PhosAgro PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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3.49

2.43

2.74

2.55

2.45

PhosAgro PJSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.12	2.80	3.14	3.33	3.37

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

For the Agricultural Inputs subindustry, PhosAgro 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.

PhosAgro PJSC's Effective Interest Rate on Debt % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, PhosAgro PJSC's Effective Interest Rate on Debt % distribution charts can be found below:

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

PhosAgro PJSC Effective Interest Rate on Debt % Calculation

PhosAgro PJSC'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 * -4523	/	( (175428	+	193694)	/ 2 )
=	-1 * -4523	/	184561
=	2.45 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	160540	+	14888
=	175428

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	111444	+	82250
=	193694

PhosAgro PJSC'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 * -8352	/	( (231852	+	264277)	/ 2 )
=	-1 * -8352	/	248064.5
=	3.37 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	181581	+	50271
=	231852

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	184738	+	79539
=	264277

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.

PhosAgro PJSC (MIC:PHOR) Effective Interest Rate on Debt % Explanation

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

PhosAgro PJSC Effective Interest Rate on Debt % Related Terms

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PhosAgro PJSC (MIC:PHOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » PhosAgro PJSC (MIC:PHOR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Leninsky Prospekt, Apartment 55/1, Building 1, Moscow, RUS, 119333

Website

https://www.phosagro.com

PhosAgro PJSC produces and distributes fertilizer to the agricultural industry. The company has two segments organized by product: phosphate and nitrogen. The phosphate segment mines apatite-nepheline ore and then processes the ore into sulfate of potash fertilizer. The nitrogen segment produces nitrogen and ammonia-based fertilizers. To compete on cost, the firm controls its logistics operations through the ownership of ships, ports, and railroad cars. It generates revenue throughout the world, with Russia and Europe being its biggest markets.

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