Alternergy Holdings (PHS:ALTER) Effective Interest Rate on Debt % : 5.95% (As of Mar. 2024)

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What is Alternergy Holdings 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. Alternergy Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₱114.8 Mil. Alternergy Holdings's average total debt for the quarter that ended in Mar. 2024 was ₱1,929.7 Mil. Therefore, Alternergy Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.95%.

Alternergy Holdings Effective Interest Rate on Debt % Historical Data

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

Alternergy Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Effective Interest Rate on Debt %

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37.27

24.91

2.96

5.38

Alternergy Holdings Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Mar23	Jun23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							3.87	4.79	4.93	3.26	5.95

Competitive Comparison of Alternergy Holdings's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Alternergy Holdings'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.

Alternergy Holdings's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternergy Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Alternergy Holdings Effective Interest Rate on Debt % Calculation

Alternergy Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -88.019	/	( (1449.206	+	1820.837)	/ 2 )
=	-1 * -88.019	/	1635.0215
=	5.38 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1295.861	+	153.345
=	1449.206

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1485.669	+	335.168
=	1820.837

Alternergy Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -114.768	/	( (1796.947	+	2062.5)	/ 2 )
=	-1 * -114.768	/	1929.7235
=	5.95 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1460.876	+	336.071
=	1796.947

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1734.116	+	328.384
=	2062.5

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Alternergy Holdings (PHS:ALTER) Effective Interest Rate on Debt % Explanation

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

Alternergy Holdings Effective Interest Rate on Debt % Related Terms

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Alternergy Holdings (PHS:ALTER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternergy Holdings Corp (PHS:ALTER) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Paseo de Roxas corner Legazpi Street, Level 3B, 111 Paseo de Roxas Building, Legazpi Village, Makati, PHL, 1229

Website

https://www.alternergy.com

Alternergy Holdings Corp is a renewable energy holding company. The company's segments include Wind Energy; Hydro Energy; Solar Energy and Retail Energy Supplier (RES). It generates maximum revenue from the Solar Energy segment. The Solar Energy segment includes Generation and supply of solar power to various customers under power supply contracts.

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