Flow Traders (Flow Traders) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Flow Traders 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. Flow Traders's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Flow Traders's average total debt for the quarter that ended in Dec. 2023 was $2,206.42 Mil. Therefore, Flow Traders's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Flow Traders Effective Interest Rate on Debt % Historical Data

The historical data trend for Flow Traders'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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Flow Traders Effective Interest Rate on Debt % Chart

Flow Traders Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.96

3.79

3.77

5.63

9.74

Flow Traders Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Flow Traders's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Flow Traders'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.

Flow Traders's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Flow Traders's Effective Interest Rate on Debt % distribution charts can be found below:

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

Flow Traders Effective Interest Rate on Debt % Calculation

Flow Traders'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 * -194.324	/	( (1783.28	+	2206.422)	/ 2 )
=	-1 * -194.324	/	1994.851
=	9.74 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1783.28	+	0
=	1783.28

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2206.422	+	0
=	2206.422

Flow Traders'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 * 0	/	( (0	+	2206.422)	/ 1 )
=	-1 * 0	/	2206.422
=	0.00 %

where

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

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2206.422	+	0
=	2206.422

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.

Flow Traders (GREY:FLTLF) Effective Interest Rate on Debt % Explanation

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

Flow Traders Effective Interest Rate on Debt % Related Terms

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Flow Traders (Flow Traders) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Flow Traders Ltd (GREY:FLTLF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

FLOW:Netherlands FLOWa:UK 0R96:UK O3I:Germany

Address

Jacob Bontiusplaats 9, Amsterdams, NLD, 1018 LL

Website

https://www.flowtraders.com

Flow Traders Ltd is a financial technology company operating in the global financial markets, using its proprietary technology platform to provide liquidity by quoting bid and ask prices in financial products. It ensures the provision of the liquidity to support the uninterrupted functioning of financial markets. The company's core trading focus is on exchange-traded products (ETPs), enabling investors to buy and sell ETPs by quoting bid and ask prices under virtually all market circumstances. The group operates in various geographical region Netherlands, Romania, United States of America, Singapore and Hong Kong.

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