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Alpha Services and Holdings (ATH:ALPHA) Effective Interest Rate on Debt % : 56.00% (As of Dec. 2023)


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What is Alpha Services and 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. Alpha Services and Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €1,925 Mil. Alpha Services and Holdings's average total debt for the quarter that ended in Dec. 2023 was €3,437 Mil. Therefore, Alpha Services and Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 56.00%.


Alpha Services and Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Alpha Services and 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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Alpha Services and Holdings Effective Interest Rate on Debt % Chart

Alpha Services and Holdings 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 33.81 27.76 19.74 15.39 55.35

Alpha Services and Holdings 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 11.01 46.24 63.38 67.13 56.00

Competitive Comparison of Alpha Services and Holdings's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Alpha Services and 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.


Alpha Services and Holdings's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Alpha Services and Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Alpha Services and Holdings Effective Interest Rate on Debt % Calculation

Alpha Services and 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  *  -1922.513/( (3500.608+3446.011)/ 2 )
=-1  *  -1922.513/3473.3095
=55.35 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3500.608 + 0
=3500.608

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3446.011 + 0
=3446.011

Alpha Services and 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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -1924.9/( (3428.591+3446.011)/ 2 )
=-1  *  -1924.9/3437.301
=56.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3428.591 + 0
=3428.591

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3446.011 + 0
=3446.011

* 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.


Alpha Services and Holdings  (ATH:ALPHA) Effective Interest Rate on Debt % Explanation

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


Alpha Services and Holdings Effective Interest Rate on Debt % Related Terms

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Alpha Services and Holdings (ATH:ALPHA) Business Description

Traded in Other Exchanges
Address
40 Stadiou Street, Athens, GRC, 102 52
Alpha Services and Holdings SA formerly Alpha Bank AE is the parent company of the Alpha Bank Group, which offers a diverse range of financial and non-financial services, including corporate and retail banking, investment banking, brokerage services, insurance services, real estate management, and hotel services. Alpha Brank primarily operates in Greece but generates some substantive revenue from Southeastern Europe. The vast majority of the group's income is generated by its retail banking and investment banking segments, mostly through net interest income. The bank's retail banking portfolio primarily includes home mortgages, as well as consumer loans, and loans to small businesses.

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