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Eve Holding (Eve Holding) Effective Interest Rate on Debt % : 5.01% (As of Mar. 2024)


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What is Eve Holding 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. Eve Holding's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $1.65 Mil. Eve Holding's average total debt for the quarter that ended in Mar. 2024 was $32.90 Mil. Therefore, Eve Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.01%.


Eve Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for Eve Holding'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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Eve Holding Effective Interest Rate on Debt % Chart

Eve Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - - - 0.98

Eve Holding Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 5.44 5.01

Competitive Comparison of Eve Holding's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Eve Holding'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.


Eve Holding's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Eve Holding's Effective Interest Rate on Debt % distribution charts can be found below:

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



Eve Holding Effective Interest Rate on Debt % Calculation

Eve Holding'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  *  -0.252/( (0+25.764)/ 1 )
=-1  *  -0.252/25.764
=0.98 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25.764 + 0
=25.764

Eve Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -1.648/( (25.764+40.041)/ 2 )
=-1  *  -1.648/32.9025
=5.01 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25.764 + 0
=25.764

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=40.041 + 0
=40.041

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Eve Holding  (NYSE:EVEX) Effective Interest Rate on Debt % Explanation

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


Eve Holding Effective Interest Rate on Debt % Related Terms

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Eve Holding (Eve Holding) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1400 General Aviation Drive, Melbourne, FL, USA, 32935
Eve Holding Inc is dedicated to accelerating the Urban Air Mobility ecosystem. Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, a comprehensive global services and support network, and a unique air traffic management solution, combining a start-up mindset with Embraer's aerospace expertise.
Executives
Johann Bordais officer: Chief Executive Officer C/O EVE MOBILITY, 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Maria Cordon director C/O EVE HOLDING, INC., 1400 GENERAL AVIATION DRIVE, MELBOURNE FL 32395
Paul Eremenko director C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Entrecanales Domecq Jose Manuel director C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Luis Carlos Affonso director C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Embraer Aircraft Holding, Inc. director, 10 percent owner 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Michael Amalfitano director C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Marion C Blakey director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Eduardo Siffert Couto officer: Chief Financial Officer C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
Andre Duarte Stein officer: Co-Chief Executive Officer C/O EMBRAER AIRCRAFT HOLDING, INC., 276 SOUTHWEST 34TH STREET, FORT LAUDERDALE FL 33315
S.a. Embraer director, 10 percent owner AV. BRIGADEIRO FARIA LIMA 2170, SAO JOSE DOS CAMPOS D5 12227901
Sergio Pedreiro director 2 PARK AVENUE, NEW YORK NY 10016
Patrick M Shanahan director C/O RESILIENCE CAPITAL PARTNERS LLC, 25101 CHAGRIN BLVD 350, BEACHWOOD OH 44122
Triple8, Llc 10 percent owner ONE SECURITY BENEFIT PLACE, TOPEKA KS 66636
Eldridge Industries, Llc 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830