AES Tiete Energia (AES Tiete Energia) Effective Interest Rate on Debt % : 5.32% (As of Dec. 2020)

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What is AES Tiete Energia 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. AES Tiete Energia's annualized positive value of Interest Expense for the quarter that ended in Dec. 2020 was $51.5 Mil. AES Tiete Energia's average total debt for the quarter that ended in Dec. 2020 was $968.3 Mil. Therefore, AES Tiete Energia's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 was 5.32%.

AES Tiete Energia Effective Interest Rate on Debt % Historical Data

The historical data trend for AES Tiete Energia'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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AES Tiete Energia Effective Interest Rate on Debt % Chart

AES Tiete Energia Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Effective Interest Rate on Debt %

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11.67

9.12

7.52

6.68

4.87

AES Tiete Energia Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.46	5.73	5.56	5.22	5.32

Competitive Comparison of AES Tiete Energia's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, AES Tiete Energia'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.

AES Tiete Energia's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

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

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

AES Tiete Energia Effective Interest Rate on Debt % Calculation

AES Tiete Energia's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2019 )	+	Total Debt (A: Dec. 2020 ))	/ count )
=	-1 * -50.943	/	( (1051.937	+	1039.34)	/ 2 )
=	-1 * -50.943	/	1045.6385
=	4.87 %

where

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	939.166	+	112.771
=	1051.937

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	915.274	+	124.066
=	1039.34

AES Tiete Energia's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2020 )	+	Total Debt (Q: Dec. 2020 ))	/ count )
=	-1 * -51.488	/	( (897.342	+	1039.34)	/ 2 )
=	-1 * -51.488	/	968.341
=	5.32 %

where

	Total Debt (Q: Sep. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	718.241	+	179.101
=	897.342

	Total Debt (Q: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	915.274	+	124.066
=	1039.34

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. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

AES Tiete Energia (OTCPK:AESAY) Effective Interest Rate on Debt % Explanation

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

AES Tiete Energia Effective Interest Rate on Debt % Related Terms

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AES Tiete Energia (AES Tiete Energia) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Tiete Energia SA (OTCPK:AESAY) » Definitions » Effective Interest Rate on Debt %

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Address

Avenida das Nacoes Unidas, 12.495, 12th Floor, Condominio Centro Empresarial Berrini, Brooklin Paulista, Barueri, SP, BRA, 6460040

Website

https://www.aestiete.com.br

AES Tiete Energia SAis a Brazil-based company engaged in the renewable utility sector. It operates as concessionaire for the use of public assets to generate and trade electric power as Independent Electric Energy Producer. The business activities of generating power are carried out through hydroelectric, wind and solar power plants. The group derives most of the revenue from electricity sales with all operations and sales in Brazil.

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