Clever Global (XMAD:CLE) Effective Interest Rate on Debt % : 8.98% (As of Dec. 2022)

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What is Clever Global 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. Clever Global's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was €0.63 Mil. Clever Global's average total debt for the quarter that ended in Dec. 2022 was €7.06 Mil. Therefore, Clever Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 8.98%.

Clever Global Effective Interest Rate on Debt % Historical Data

The historical data trend for Clever Global'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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Clever Global Effective Interest Rate on Debt % Chart

Clever Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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11.86

20.48

13.25

9.07

8.54

Clever Global Semi-Annual Data
	Dec12	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														12.45	10.66	9.34	8.00	8.98

Competitive Comparison of Clever Global's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Clever Global'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.

Clever Global's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Clever Global's Effective Interest Rate on Debt % distribution charts can be found below:

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

Clever Global Effective Interest Rate on Debt % Calculation

Clever Global'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 * -0.627	/	( (8.003	+	6.674)	/ 2 )
=	-1 * -0.627	/	7.3385
=	8.54 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.878	+	3.125
=	8.003

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.276	+	1.398
=	6.674

Clever Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2022 )	+	Total Debt (Q: Dec. 2022 ))	/ count )
=	-1 * -0.634	/	( (7.441	+	6.674)	/ 2 )
=	-1 * -0.634	/	7.0575
=	8.98 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.501	+	0.94
=	7.441

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.276	+	1.398
=	6.674

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 (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Clever Global (XMAD:CLE) Effective Interest Rate on Debt % Explanation

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

Clever Global Effective Interest Rate on Debt % Related Terms

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Clever Global (XMAD:CLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Clever Global SA (XMAD:CLE) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Glorieta Fernando, Quinones, Seville, ESP, 41940

Website

http://www.clever-global.com

Clever Global SA is a technology and SmartSourcing services company specializing in the coordination of business activities and the global management of suppliers and contractors, employees, machinery and vehicles. It helps companies and institutions at an international level to manage the exchange of information with their suppliers and customers and ensure the reliability of contractors and suppliers, facilitating greater visibility in the market. The company operates in three business lines including Registration and Homologation, Purchase Management and Contractors Control. Clever serves various sectors including building, renewable energy, mining, distribution, pharmacy and health and public administration.

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