Serena Energia (BSP:SRNA3) Effective Interest Rate on Debt % : 8.78% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Serena Energia 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. Serena Energia's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was R$856 Mil. Serena Energia's average total debt for the quarter that ended in Dec. 2023 was R$9,748 Mil. Therefore, Serena Energia's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.78%.

Serena Energia Effective Interest Rate on Debt % Historical Data

The historical data trend for Serena Energia'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.

Serena Energia Effective Interest Rate on Debt % Chart

Serena Energia Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

1.15

8.75

8.78

Serena Energia Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					7.99	7.40	9.50	9.65	8.78

Competitive Comparison of Serena Energia's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Serena Energia'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.

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

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

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

Serena Energia Effective Interest Rate on Debt % Calculation

Serena Energia'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 * -815.233	/	( (8495.149	+	10070.424)	/ 2 )
=	-1 * -815.233	/	9282.7865
=	8.78 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6753.191	+	1741.958
=	8495.149

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6854.093	+	3216.331
=	10070.424

Serena Energia'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 * -855.76	/	( (9426.549	+	10070.424)	/ 2 )
=	-1 * -855.76	/	9748.4865
=	8.78 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6228.979	+	3197.57
=	9426.549

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6854.093	+	3216.331
=	10070.424

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.

Serena Energia (BSP:SRNA3) Effective Interest Rate on Debt % Explanation

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

Serena Energia Effective Interest Rate on Debt % Related Terms

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

Serena Energia (BSP:SRNA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Serena Energia SA (BSP:SRNA3) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Elvira Ferraz, no. 68, 12th floor, Conjuntos no. 123 and 124, Vila Olimpia, Sao Paulo, SP, BRA, 04552-040

Website

https://www.srna.co

Serena Energia SA is engaged in the generation of renewable energy. Its portfolio includes wind, hydro, and solar operational assets.

Serena Energia (BSP:SRNA3) Headlines

No Headlines