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Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) Effective Interest Rate on Debt % : 94.36% (As of Dec. 2023)


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What is Kerevitas Gidanayi Ve Ticaret AS 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. Kerevitas Gidanayi Ve Ticaret AS's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₺2,185 Mil. Kerevitas Gidanayi Ve Ticaret AS's average total debt for the quarter that ended in Dec. 2023 was ₺2,315 Mil. Therefore, Kerevitas Gidanayi Ve Ticaret AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 94.36%.


Kerevitas Gidanayi Ve Ticaret AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Kerevitas Gidanayi Ve Ticaret AS'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.

Kerevitas Gidanayi Ve Ticaret AS Effective Interest Rate on Debt % Chart

Kerevitas Gidanayi Ve Ticaret AS 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 16.87 39.82 9.98 20.25 37.89

Kerevitas Gidanayi Ve Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 80.08 32.52 57.48 31.42 94.36

Competitive Comparison of Kerevitas Gidanayi Ve Ticaret AS's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Kerevitas Gidanayi Ve Ticaret AS'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.


Kerevitas Gidanayi Ve Ticaret AS's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kerevitas Gidanayi Ve Ticaret AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Kerevitas Gidanayi Ve Ticaret AS's Effective Interest Rate on Debt % falls into.



Kerevitas Gidanayi Ve Ticaret AS Effective Interest Rate on Debt % Calculation

Kerevitas Gidanayi Ve Ticaret AS'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  *  -1055.748/( (2830.38+2742.791)/ 2 )
=-1  *  -1055.748/2786.5855
=37.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=209.228 + 2621.152
=2830.38

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=472.24 + 2270.551
=2742.791

Kerevitas Gidanayi Ve Ticaret AS'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -2184.756/( (1887.896+2742.791)/ 2 )
=-1  *  -2184.756/2315.3435
=94.36 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=412.311 + 1475.585
=1887.896

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=472.24 + 2270.551
=2742.791

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


Kerevitas Gidanayi Ve Ticaret AS  (IST:KERVT) Effective Interest Rate on Debt % Explanation

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


Kerevitas Gidanayi Ve Ticaret AS Effective Interest Rate on Debt % Related Terms

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Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) Business Description

Traded in Other Exchanges
N/A
Address
Kisikli Mahallesi Yenisen Sokak Yildiz Holding, B Blok Apt. No: 8 B/1, Uskudar, Istanbul, TUR
Kerevitas Gida Sanayi Ve Ticaret AS is a Turkey-based company involved in retail and export processed and packaged food products. It offers various products comprising Cheese Puff Pastry, Cheese and Honey Pastry Pie, Feta Cheese Rolls, Millefeuille, Mini Pide With Cheese and Mini Rolls with Cheese among others. The company's operating segment include Frozen and Canned and Edible Oil. It generates maximum revenue from the Edible Oil segment. The company exports its product to Africa; Asia; Europe; South America; North America and Oceania.

Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) Headlines

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