Ellaktor (LTS:0K9T) Effective Interest Rate on Debt % : 6.77% (As of Jun. 2023)

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What is Ellaktor 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. Ellaktor's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €47.86 Mil. Ellaktor's average total debt for the quarter that ended in Jun. 2023 was €707.13 Mil. Therefore, Ellaktor's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 6.77%.

Ellaktor Effective Interest Rate on Debt % Historical Data

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

Ellaktor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.59

6.34

6.52

6.91

5.94

Ellaktor Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.80	9.52	3.48	6.77	-

Competitive Comparison of Ellaktor's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Ellaktor'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.

Ellaktor's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ellaktor's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ellaktor Effective Interest Rate on Debt % Calculation

Ellaktor'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 * -42.137	/	( (754.958	+	664.323)	/ 2 )
=	-1 * -42.137	/	709.6405
=	5.94 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	631.36	+	123.598
=	754.958

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	609.755	+	54.568
=	664.323

Ellaktor'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 * -47.864	/	( (754.958	+	659.297)	/ 2 )
=	-1 * -47.864	/	707.1275
=	6.77 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	631.36	+	123.598
=	754.958

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	605.421	+	53.876
=	659.297

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

Ellaktor (LTS:0K9T) Effective Interest Rate on Debt % Explanation

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

Ellaktor Effective Interest Rate on Debt % Related Terms

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Ellaktor (LTS:0K9T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ellaktor SA (LTS:0K9T) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

ELLAKTOR:Greece HLL:Germany

Address

25 Ermou Street, Lamia National Road, Kifissia, Attica, Olympic Village Interchange, Athens, GRC, 14564

Website

http://www.ellaktor.com

Ellaktor SA is an international holding group based in Greece with long-term investments in key fields, including construction, environment, and participation in concession projects. It operates mainly in constructions and quarrying, real estate development and management, wind power and environment, and concession sectors. The group operates in over 25 countries across the world. The company operates in five business segments, Construction, Concessions, Environment, Renewable Energy Sources and Real Estate Development & Services. Most of the revenue is generated from Construction & Quarries segment.

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