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Euro Tech Holdings Co (Euro Tech Holdings Co) Effective Interest Rate on Debt % : 1.66% (As of Jun. 2023)


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What is Euro Tech Holdings Co 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. Euro Tech Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.01 Mil. Euro Tech Holdings Co's average total debt for the quarter that ended in Jun. 2023 was $0.36 Mil. Therefore, Euro Tech Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 1.66%.


Euro Tech Holdings Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Euro Tech Holdings Co'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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Euro Tech Holdings Co Effective Interest Rate on Debt % Chart

Euro Tech Holdings Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.22 0.42 1.57 0.52 1.38

Euro Tech Holdings Co 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 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 0.45 0.89 1.69 2.97 1.66

Competitive Comparison of Euro Tech Holdings Co's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, Euro Tech Holdings Co'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.


Euro Tech Holdings Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Euro Tech Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Euro Tech Holdings Co Effective Interest Rate on Debt % Calculation

Euro Tech Holdings Co'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  *  -0.007/( (0.592+0.422)/ 2 )
=-1  *  -0.007/0.507
=1.38 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.041 + 0.551
=0.592

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.087 + 0.335
=0.422

Euro Tech Holdings Co'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  *  -0.006/( (0.422+0.303)/ 2 )
=-1  *  -0.006/0.3625
=1.66 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.087 + 0.335
=0.422

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.137 + 0.166
=0.303

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


Euro Tech Holdings Co  (NAS:CLWT) Effective Interest Rate on Debt % Explanation

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


Euro Tech Holdings Co Effective Interest Rate on Debt % Related Terms

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Euro Tech Holdings Co (Euro Tech Holdings Co) Business Description

Traded in Other Exchanges
N/A
Address
65 Wong Chuk Hong Road, Unit D, 18th Floor, Room C & D, Gee Chang Hong Centre, Hong Kong, HKG
Euro Tech Holdings Co Ltd is a distributor and manufacturer of technology instruments as well as an environmental engineering services provider. It is engaged in the marketing and trading of water and wastewater related process control, analytical and testing instruments, disinfection equipment, supplies, and related automation systems. There are two operating segments of the company. The Trading and manufacturing segment, which is the key revenue driver, includes distribution of water treatment equipment, laboratory instruments, analyzers, test kits, and related supplies and power generation equipment. The Engineering segment includes water and waste-water treatment engineering and air pollution control business. The majority of the revenue is generated from Hong Kong.