Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Effective Interest Rate on Debt % : 6.49% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Atlantica Sustainable Infrastructure 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. Atlantica Sustainable Infrastructure's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $358 Mil. Atlantica Sustainable Infrastructure's average total debt for the quarter that ended in Dec. 2023 was $5,513 Mil. Therefore, Atlantica Sustainable Infrastructure's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.49%.

Atlantica Sustainable Infrastructure Effective Interest Rate on Debt % Historical Data

The historical data trend for Atlantica Sustainable Infrastructure'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.

Atlantica Sustainable Infrastructure Effective Interest Rate on Debt % Chart

Atlantica Sustainable Infrastructure Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

6.14

5.36

4.90

4.97

6.30

Atlantica Sustainable Infrastructure Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.75	6.00	5.56	7.06	6.49

Competitive Comparison of Atlantica Sustainable Infrastructure's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Atlantica Sustainable Infrastructure'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.

Atlantica Sustainable Infrastructure's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

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

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

Atlantica Sustainable Infrastructure Effective Interest Rate on Debt % Calculation

Atlantica Sustainable Infrastructure'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 * -350.347	/	( (5633.328	+	5486.464)	/ 2 )
=	-1 * -350.347	/	5559.896
=	6.30 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5290.097	+	343.231
=	5633.328

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5065.055	+	421.409
=	5486.464

Atlantica Sustainable Infrastructure'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -357.916	/	( (5539.458	+	5486.464)	/ 2 )
=	-1 * -357.916	/	5512.961
=	6.49 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5099.303	+	440.155
=	5539.458

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5065.055	+	421.409
=	5486.464

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

Atlantica Sustainable Infrastructure (NAS:AY) Effective Interest Rate on Debt % Explanation

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

Atlantica Sustainable Infrastructure Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Atlantica Sustainable Infrastructure's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlantica Sustainable Infrastructure (Atlantica Sustainable Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Atlantica Sustainable Infrastructure PLC (NAS:AY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AY3:Germany

Address

Great West Road, 17th Floor, Great West House, GW1, Brentford, GBR, TW8 9DF

Website

https://www.atlantica.com

Atlantica Sustainable Infrastructure PLC owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets. It is focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil, and Uruguay) and EMEA (Spain, Algeria and South Africa). The company's segments include North America, South America and Europe, Middle East and Africa. The renewable energy sector includes the company's activities related to the production of electricity from solar power and wind plants. Atlantica derives most of its revenues from EMEA, followed by South America and North America.