Industrial Holding Bulgaria AD (XBUL:IHB) Effective Interest Rate on Debt % : 0.55% (As of Sep. 2023)

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What is Industrial Holding Bulgaria AD 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. Industrial Holding Bulgaria AD's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was лв0.1 Mil. Industrial Holding Bulgaria AD's average total debt for the quarter that ended in Sep. 2023 was лв17.5 Mil. Therefore, Industrial Holding Bulgaria AD's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.55%.

Industrial Holding Bulgaria AD Effective Interest Rate on Debt % Historical Data

The historical data trend for Industrial Holding Bulgaria AD'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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Industrial Holding Bulgaria AD Effective Interest Rate on Debt % Chart

Industrial Holding Bulgaria AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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3.17

3.22

3.10

4.03

0.91

Industrial Holding Bulgaria AD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.48	-1.21	0.60	0.68	0.55

Competitive Comparison of Industrial Holding Bulgaria AD's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Industrial Holding Bulgaria AD'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.

Industrial Holding Bulgaria AD's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Industrial Holding Bulgaria AD's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Industrial Holding Bulgaria AD's Effective Interest Rate on Debt % falls into.

Industrial Holding Bulgaria AD Effective Interest Rate on Debt % Calculation

Industrial Holding Bulgaria AD'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 * -0.069	/	( (5.263	+	9.858)	/ 2 )
=	-1 * -0.069	/	7.5605
=	0.91 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.007	+	4.256
=	5.263

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.166	+	3.692
=	9.858

Industrial Holding Bulgaria AD's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -0.096	/	( (15.312	+	19.626)	/ 2 )
=	-1 * -0.096	/	17.469
=	0.55 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.539	+	1.773
=	15.312

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.861	+	2.765
=	19.626

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

Industrial Holding Bulgaria AD (XBUL:IHB) Effective Interest Rate on Debt % Explanation

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

Industrial Holding Bulgaria AD Effective Interest Rate on Debt % Related Terms

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Industrial Holding Bulgaria AD (XBUL:IHB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Industrial Holding Bulgaria AD (XBUL:IHB) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

42 Damyan Gruev Street, Sofia, BGR, 1142

Website

https://www.bulgariaholding.com

Industrial Holding Bulgaria AD is engaged in acquisition, management, assessment and sale of shares in Bulgarian and foreign companies, acquisition, assessment and sale of patents, cession of licenses to use patents to companies in which the company holds shares, financing of companies in which the company holds shares, as well as any other activity not prohibited by law.

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