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Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Bahrain Car Parks Co (Amakin) BSC 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. Bahrain Car Parks Co (Amakin) BSC's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was BHD0.00 Mil. Bahrain Car Parks Co (Amakin) BSC's average total debt for the quarter that ended in Mar. 2024 was BHD0.77 Mil. Therefore, Bahrain Car Parks Co (Amakin) BSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


Bahrain Car Parks Co (Amakin) BSC Effective Interest Rate on Debt % Historical Data

The historical data trend for Bahrain Car Parks Co (Amakin) BSC'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.

Bahrain Car Parks Co (Amakin) BSC Effective Interest Rate on Debt % Chart

Bahrain Car Parks Co (Amakin) BSC 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 5.81 5.83 5.86 6.12 6.09

Bahrain Car Parks Co (Amakin) BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 14.49 -

Competitive Comparison of Bahrain Car Parks Co (Amakin) BSC's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Bahrain Car Parks Co (Amakin) BSC'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.


Bahrain Car Parks Co (Amakin) BSC's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bahrain Car Parks Co (Amakin) BSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bahrain Car Parks Co (Amakin) BSC's Effective Interest Rate on Debt % falls into.



Bahrain Car Parks Co (Amakin) BSC Effective Interest Rate on Debt % Calculation

Bahrain Car Parks Co (Amakin) BSC'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  *  -0.028/( (0.141+0.778)/ 2 )
=-1  *  -0.028/0.4595
=6.09 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.13 + 0.011
=0.141

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.697 + 0.081
=0.778

Bahrain Car Parks Co (Amakin) BSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  0/( (0.778+0.767)/ 2 )
=-1  *  0/0.7725
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.697 + 0.081
=0.778

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.628 + 0.139
=0.767

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


Bahrain Car Parks Co (Amakin) BSC  (BAH:CPARK) Effective Interest Rate on Debt % Explanation

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


Bahrain Car Parks Co (Amakin) BSC Effective Interest Rate on Debt % Related Terms

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Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Business Description

Traded in Other Exchanges
N/A
Address
Building No.128 Government Avenue, Road No. 383, 2nd Floor Office No. 2009, P.O. Box 5298, Block No.316, Car Parks & Commercial Centre, Manama, BHR
Bahrain Car Parks Co (Amakin) BSC is engaged in the sale of other machinery equipment and parts, other marketing promotion activities, operation of car parks, and other activities. Its business segments include Car Park Services, which provides car parks for the public in return for parking charges; Property Rental Income, which is involved in the management, maintenance, and renting of properties; and Investment and Related Services, which include trading in the financial market and investing excess funds in the primary and secondary market; Sales of equipment, which involved in trading in car parks management equipment to the client. Its Property Rental Income segment generates maximum revenue for the company. Geographically the company provides its services only to the Bahrain market.

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