Merus Power Oyj (OHEL:MERUS) Effective Interest Rate on Debt % : 10.16% (As of Dec. 2023)

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What is Merus Power Oyj 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. Merus Power Oyj's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.37 Mil. Merus Power Oyj's average total debt for the quarter that ended in Dec. 2023 was €3.62 Mil. Therefore, Merus Power Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 10.16%.

Merus Power Oyj Effective Interest Rate on Debt % Historical Data

The historical data trend for Merus Power Oyj'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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Merus Power Oyj Effective Interest Rate on Debt % Chart

Merus Power Oyj Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.07

3.63

40.99

4.80

8.17

Merus Power Oyj Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					5.28	10.37	1.68	7.75	10.16

Competitive Comparison of Merus Power Oyj's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Merus Power Oyj'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.

Merus Power Oyj's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Merus Power Oyj's Effective Interest Rate on Debt % distribution charts can be found below:

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

Merus Power Oyj Effective Interest Rate on Debt % Calculation

Merus Power Oyj'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 * -0.321	/	( (3.843	+	4.016)	/ 2 )
=	-1 * -0.321	/	3.9295
=	8.17 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.466	+	1.377
=	3.843

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.803	+	2.213
=	4.016

Merus Power Oyj'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 * -0.368	/	( (3.227	+	4.016)	/ 2 )
=	-1 * -0.368	/	3.6215
=	10.16 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.466	+	0.761
=	3.227

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.803	+	2.213
=	4.016

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.

Merus Power Oyj (OHEL:MERUS) Effective Interest Rate on Debt % Explanation

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

Merus Power Oyj Effective Interest Rate on Debt % Related Terms

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Merus Power Oyj (OHEL:MERUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Merus Power Oyj (OHEL:MERUS) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

99H:Germany

Address

Pirkkalaistie 1, Nokia, FIN, 37100

Website

https://www.meruspower.fi

Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic innovative electricity storage, power quality solutions and services. The company's business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise.

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