ALRCF (Alerion CleanPower) Effective Interest Rate on Debt % : 4.32% (As of Jun. 2024)

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What is Alerion CleanPower 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. Alerion CleanPower's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $41.9 Mil. Alerion CleanPower's average total debt for the quarter that ended in Jun. 2024 was $969.6 Mil. Therefore, Alerion CleanPower's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.32%.

Alerion CleanPower Effective Interest Rate on Debt % Historical Data

The historical data trend for Alerion CleanPower'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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Alerion CleanPower Effective Interest Rate on Debt % Chart

Alerion CleanPower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.46

4.73

3.53

3.00

3.57

Alerion CleanPower Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.35	3.34	3.61	3.74	4.32

Competitive Comparison of Alerion CleanPower's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Alerion CleanPower'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.

Alerion CleanPower's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

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

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

Alerion CleanPower Effective Interest Rate on Debt % Calculation

Alerion CleanPower'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 * -30.094	/	( (728.945	+	958.775)	/ 2 )
=	-1 * -30.094	/	843.86
=	3.57 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	688.057	+	40.888
=	728.945

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	920.601	+	38.174
=	958.775

Alerion CleanPower's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -41.87	/	( (958.775	+	980.451)	/ 2 )
=	-1 * -41.87	/	969.613
=	4.32 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	920.601	+	38.174
=	958.775

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	910.548	+	69.903
=	980.451

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Alerion CleanPower (OTCPK:ALRCF) Effective Interest Rate on Debt % Explanation

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

Alerion CleanPower Effective Interest Rate on Debt % Related Terms

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Alerion CleanPower Business Description

Industry

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ARN:Italy 0P3O:UK

Address

Viale L. Majno 17, Milano, ITA, 20122

Website

http://www.alerion.it

Alerion CleanPower engages in the production of electricity through wind power. The company core business is in the production of electrical energy from renewable sources, through a portfolio of diversified plants in the solar, biomass and wind sectors. The company operates wind farms in Krupen, Bulgary and Agrigento, Licodia, Callari, Ordona, Lacedonia, Ciorlano, Albanella, Castel di Lucio, San Martino in Pensilis, and San Marco in Lamis in Italy.