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Enaex (XSGO:ENAEX) Effective Interest Rate on Debt % : 4.81% (As of Dec. 2023)


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What is Enaex 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. Enaex's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was CLP26,115 Mil. Enaex's average total debt for the quarter that ended in Dec. 2023 was CLP543,168 Mil. Therefore, Enaex's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.81%.


Enaex Effective Interest Rate on Debt % Historical Data

The historical data trend for Enaex'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.

Enaex Effective Interest Rate on Debt % Chart

Enaex 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 4.21 3.93 3.64 3.29 4.91

Enaex 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 3.93 4.26 5.19 5.30 4.81

Competitive Comparison of Enaex's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Enaex'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.


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

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

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



Enaex Effective Interest Rate on Debt % Calculation

Enaex'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  *  -25408.082/( (488789.04+545791.9)/ 2 )
=-1  *  -25408.082/517290.47
=4.91 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=271029.068 + 217759.972
=488789.04

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=301564.064 + 244227.836
=545791.9

Enaex'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  *  -26115.172/( (540543.727+545791.9)/ 2 )
=-1  *  -26115.172/543167.8135
=4.81 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=302648.771 + 237894.956
=540543.727

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=301564.064 + 244227.836
=545791.9

* 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.


Enaex  (XSGO:ENAEX) Effective Interest Rate on Debt % Explanation

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


Enaex Effective Interest Rate on Debt % Related Terms

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Enaex (XSGO:ENAEX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
El Trovador No. 4253, Las Condes, Santiago, CHL
Enaex SA is a producer of low-density ammonium nitrate. In addition, the company also provides integral rock fragmentation services for the mining in Chile and Latin America. The company's product families are broken down into five categories: raw materials for explosives, blasting agent, high explosives, initiation systems, and accessories. It also offers comprehensive blasting service for mining and civil works and an integral service of administration of powder magazines and plants. It also provides services to the main open-pit and underground mining companies that operate in Chile, Argentina, Mexico, Japan, Australia, Brazil, Colombia, and Peru.

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