Advent Technologies Holdings (Advent Technologies Holdings) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)

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What is Advent Technologies Holdings 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. Advent Technologies Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. Advent Technologies Holdings's average total debt for the quarter that ended in Sep. 2023 was $11.27 Mil. Therefore, Advent Technologies Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.

Advent Technologies Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Advent Technologies Holdings'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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Advent Technologies Holdings Effective Interest Rate on Debt % Chart

Advent Technologies Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

13.95

56.35

Advent Technologies Holdings Quarterly Data
	Dec19	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										-	-	-	-	-

Competitive Comparison of Advent Technologies Holdings's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Advent Technologies Holdings'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.

Advent Technologies Holdings's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Advent Technologies Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Advent Technologies Holdings Effective Interest Rate on Debt % Calculation

Advent Technologies Holdings'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	/	( (0.138	+	12.082)	/ 2 )
=	-1 * 0	/	6.11
=	0.00 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.138	+	0
=	0.138

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.802	+	2.28
=	12.082

Advent Technologies Holdings'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	/	( (11.421	+	11.114)	/ 2 )
=	-1 * 0	/	11.2675
=	0.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.036	+	2.385
=	11.421

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.774	+	2.34
=	11.114

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.

Advent Technologies Holdings (NAS:ADNWW) Effective Interest Rate on Debt % Explanation

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

Advent Technologies Holdings Effective Interest Rate on Debt % Related Terms

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Advent Technologies Holdings (Advent Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Advent Technologies Holdings Inc (NAS:ADNWW) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

ADN:USA

Address

500 Rutherford Avenue, Suite 102, Boston, MA, USA, 02129

Website

https://www.advent.energy

Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.