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CAles Holdings (JSE:CAA) Effective Interest Rate on Debt % : 9.76% (As of Dec. 2023)


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What is CAles Holdings 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. CAles Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was R75 Mil. CAles Holdings's average total debt for the quarter that ended in Dec. 2023 was R765 Mil. Therefore, CAles Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.76%.


CAles Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for CAles Holdings'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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CAles Holdings Effective Interest Rate on Debt % Chart

CAles Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 8.12 5.88 4.21 5.06 7.13

CAles Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.56 5.11 5.33 5.50 9.76

Competitive Comparison of CAles Holdings's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, CAles Holdings'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.


CAles Holdings's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CAles Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



CAles Holdings Effective Interest Rate on Debt % Calculation

CAles Holdings'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  *  -55.69/( (685.348+877.417)/ 2 )
=-1  *  -55.69/781.3825
=7.13 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=322.825 + 362.523
=685.348

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=310.581 + 566.836
=877.417

CAles Holdings'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  *  -74.634/( (652.043+877.417)/ 2 )
=-1  *  -74.634/764.73
=9.76 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=306.67 + 345.373
=652.043

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=310.581 + 566.836
=877.417

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


CAles Holdings  (JSE:CAA) Effective Interest Rate on Debt % Explanation

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


CAles Holdings Effective Interest Rate on Debt % Related Terms

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CAles Holdings (JSE:CAA) Business Description

Traded in Other Exchanges
Address
254 Hall Street, 1st Floor, Building C, Westend Office Park, Centurion, GT, ZAF, 0157
CA Sales Holdings Ltd operates within the Fast-Moving Consumer Goods industry and delivers services to blue chip manufacturers. The services include warehousing and distribution, retail execution and advisory, retail support, training, and technology and data solutions. The company's geographical presence across Southern Africa operating in Botswana, Eswatini, Lesotho, Mauritius, Namibia, South Africa, Zambia and Zimbabwe. It generates maximum revenue from Botswana region.

CAles Holdings (JSE:CAA) Headlines

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