Olam Group (SGX:VC2) Effective Interest Rate on Debt % : 7.52% (As of Jun. 2023)

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What is Olam Group 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. Olam Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was S$1,212 Mil. Olam Group's average total debt for the quarter that ended in Jun. 2023 was S$16,125 Mil. Therefore, Olam Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 7.52%.

Olam Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Olam Group'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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Olam Group Effective Interest Rate on Debt % Chart

Olam Group Annual Data

Trend

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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4.80

5.17

3.81

3.44

5.17

Olam Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.28	3.67	3.66	5.94	7.52

Competitive Comparison of Olam Group's Effective Interest Rate on Debt %

For the Food Distribution subindustry, Olam Group'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.

Olam Group's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Olam Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Olam Group Effective Interest Rate on Debt % Calculation

Olam Group'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 * -849.613	/	( (16710.19	+	16145.744)	/ 2 )
=	-1 * -849.613	/	16427.967
=	5.17 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9634.56	+	7075.63
=	16710.19

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10953.008	+	5192.736
=	16145.744

Olam Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -1212.4	/	( (16145.744	+	16103.848)	/ 2 )
=	-1 * -1212.4	/	16124.796
=	7.52 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10953.008	+	5192.736
=	16145.744

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11939.853	+	4163.995
=	16103.848

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

Olam Group (SGX:VC2) Effective Interest Rate on Debt % Explanation

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

Olam Group Effective Interest Rate on Debt % Related Terms

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Olam Group (SGX:VC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Olam Group Ltd (SGX:VC2) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

OLGPF:USA K25:Germany

Address

7 Straits View, Marina One East Tower, No. 20-01, Singapore, SGP, 018936

Website

https://www.olamgroup.com

Olam Group Ltd sources, processes, packages, and sells agricultural commodities. The company's operating segments include Olam Food Ingredients; Olam Global Agri and Olam International Limited. It generates maximum revenue from the Olam Global Agri segment. Geographically, it derives a majority of its revenue from Asia, the Middle East and Australia. Some of its products include Cocoa, Coffee, Cotton, Nuts, and Spices.

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