Ebro Foods (FRA:AZU) Effective Interest Rate on Debt % : -5.90% (As of Dec. 2023)

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What is Ebro Foods 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. Ebro Foods's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €-41 Mil. Ebro Foods's average total debt for the quarter that ended in Dec. 2023 was €701 Mil. Therefore, Ebro Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -5.90%.

Ebro Foods Effective Interest Rate on Debt % Historical Data

The historical data trend for Ebro Foods'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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Ebro Foods Effective Interest Rate on Debt % Chart

Ebro Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.27

1.03

0.58

1.02

2.27

Ebro Foods Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-2.73	10.90	-9.52	9.64	-5.90

Competitive Comparison of Ebro Foods's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Ebro Foods'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.

Ebro Foods's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ebro Foods's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ebro Foods Effective Interest Rate on Debt % Calculation

Ebro Foods'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 * -15.524	/	( (734.82	+	634.134)	/ 2 )
=	-1 * -15.524	/	684.477
=	2.27 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	532.512	+	202.308
=	734.82

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	151.42	+	482.714
=	634.134

Ebro Foods'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 41.364	/	( (767.76	+	634.134)	/ 2 )
=	-1 * 41.364	/	700.947
=	-5.90 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	518.765	+	248.995
=	767.76

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	151.42	+	482.714
=	634.134

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

Ebro Foods (FRA:AZU) Effective Interest Rate on Debt % Explanation

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

Ebro Foods Effective Interest Rate on Debt % Related Terms

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Ebro Foods (FRA:AZU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ebro Foods SA (FRA:AZU) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

EBROe:UK 0NYH:UK EBRO:Spain

Address

Paseo de la Castellana, n 20, Madrid, ESP, 28046

Website

http://www.ebrofoods.es

Ebro Foods SA is a Spanish international food group operating in the pasta, rice, and sauces segments. The company is present in more than 25 countries in Europe, North America, Asia, and Africa, through its wide network of subsidiaries and brands. The core businesses are rice and pasta, offered in dry, fresh, precooked, and frozen varieties. Aside from pasta and rice, Ebro Food offers ready meals, fresh potato, sauces among others. The largest geographical segment for the rice division is in Europe, followed by North America, Asia, and Africa. Pasta, sauces, and other products, accounting for almost half of revenue, are mainly present in Europe and North America.

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