Avantium NV (XAMS:AVTX) Effective Interest Rate on Debt % : 19.62% (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Avantium NV 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. Avantium NV's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €8.30 Mil. Avantium NV's average total debt for the quarter that ended in Jun. 2023 was €42.31 Mil. Therefore, Avantium NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 19.62%.

Avantium NV Effective Interest Rate on Debt % Historical Data

The historical data trend for Avantium NV'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.

Avantium NV Effective Interest Rate on Debt % Chart

Avantium NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.37

2.79

3.43

3.40

Avantium NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													3.22	4.08	24.38	-7.95	19.62

Competitive Comparison of Avantium NV's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Avantium NV'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.

Avantium NV's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Avantium NV's Effective Interest Rate on Debt % distribution charts can be found below:

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

Avantium NV Effective Interest Rate on Debt % Calculation

Avantium NV's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.604	/	( (10.703	+	24.799)	/ 2 )
=	-1 * -0.604	/	17.751
=	3.40 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.099	+	1.604
=	10.703

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.902	+	1.897
=	24.799

Avantium NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -8.3	/	( (24.799	+	59.811)	/ 2 )
=	-1 * -8.3	/	42.305
=	19.62 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.902	+	1.897
=	24.799

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	57.51	+	2.301
=	59.811

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

Avantium NV (XAMS:AVTX) Effective Interest Rate on Debt % Explanation

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

Avantium NV Effective Interest Rate on Debt % Related Terms

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

Avantium NV (XAMS:AVTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Avantium NV (XAMS:AVTX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AVTXF:USA 27V:Germany

Address

Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV

Website

https://www.avantium.com

Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.