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Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Effective Interest Rate on Debt % : 7.99% (As of Dec. 2023)


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What is Transmissora Alianca de Energia Eletrica 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. Transmissora Alianca de Energia Eletrica's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was R$789 Mil. Transmissora Alianca de Energia Eletrica's average total debt for the quarter that ended in Dec. 2023 was R$9,885 Mil. Therefore, Transmissora Alianca de Energia Eletrica's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.99%.


Transmissora Alianca de Energia Eletrica Effective Interest Rate on Debt % Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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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Transmissora Alianca de Energia Eletrica Effective Interest Rate on Debt % Chart

Transmissora Alianca de Energia Eletrica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 5.63 6.48 8.33 8.77

Transmissora Alianca de Energia Eletrica 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.16 8.51 8.57 8.44 7.99

Competitive Comparison of Transmissora Alianca de Energia Eletrica's Effective Interest Rate on Debt %

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica'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.


Transmissora Alianca de Energia Eletrica's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Effective Interest Rate on Debt % falls into.



Transmissora Alianca de Energia Eletrica Effective Interest Rate on Debt % Calculation

Transmissora Alianca de Energia Eletrica'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  *  -782.71/( (8156.188+9702.64)/ 2 )
=-1  *  -782.71/8929.414
=8.77 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7518.267 + 637.921
=8156.188

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8547.276 + 1155.364
=9702.64

Transmissora Alianca de Energia Eletrica'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  *  -789.492/( (10067.74+9702.64)/ 2 )
=-1  *  -789.492/9885.19
=7.99 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8901.494 + 1166.246
=10067.74

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8547.276 + 1155.364
=9702.64

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


Transmissora Alianca de Energia Eletrica  (BSP:TAEE4) Effective Interest Rate on Debt % Explanation

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


Transmissora Alianca de Energia Eletrica Effective Interest Rate on Debt % Related Terms

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Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

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