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Neosperience SpA (MIL:NSP) Effective Interest Rate on Debt % : 3.24% (As of Jun. 2023)


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What is Neosperience SpA 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. Neosperience SpA's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €0.52 Mil. Neosperience SpA's average total debt for the quarter that ended in Jun. 2023 was €16.05 Mil. Therefore, Neosperience SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 3.24%.


Neosperience SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for Neosperience SpA'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.

* Premium members only.

Neosperience SpA Effective Interest Rate on Debt % Chart

Neosperience SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 2.29 4.79 1.55 2.76 2.40

Neosperience SpA Semi-Annual Data
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 2.43 3.18 2.26 2.43 3.24

Competitive Comparison of Neosperience SpA's Effective Interest Rate on Debt %

For the Software - Application subindustry, Neosperience SpA'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.


Neosperience SpA's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Neosperience SpA's Effective Interest Rate on Debt % distribution charts can be found below:

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



Neosperience SpA Effective Interest Rate on Debt % Calculation

Neosperience SpA'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  *  -0.379/( (15.575+16.004)/ 2 )
=-1  *  -0.379/15.7895
=2.40 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.617 + 2.958
=15.575

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.911 + 4.093
=16.004

Neosperience SpA'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  *  -0.52/( (16.004+16.103)/ 2 )
=-1  *  -0.52/16.0535
=3.24 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.911 + 4.093
=16.004

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.446 + 4.657
=16.103

* 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.


Neosperience SpA  (MIL:NSP) Effective Interest Rate on Debt % Explanation

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


Neosperience SpA Effective Interest Rate on Debt % Related Terms

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Neosperience SpA (MIL:NSP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Neosperience SpA (MIL:NSP) » Definitions » Effective Interest Rate on Debt %
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Address
Via Gaspare Gozzi 1/A, Milan, ITA, 20129
Neosperience SpA is an Italy based company involved in providing Digital Customer Experience through its cloud. Its cloud empowers the organisations to understand, engage and delight digital customers by delivering customer-facing, business and conversational app.

Neosperience SpA (MIL:NSP) Headlines

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