Astivita (ASX:AIR) Effective Interest Rate on Debt % : 0.24% (As of Dec. 2021)

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What is Astivita 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. Astivita's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was A$0.01 Mil. Astivita's average total debt for the quarter that ended in Dec. 2021 was A$2.53 Mil. Therefore, Astivita's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 0.24%.

Astivita Effective Interest Rate on Debt % Historical Data

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

Astivita Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Effective Interest Rate on Debt %

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6.21

5.28

8.83

4.21

0.42

Astivita Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.92	4.77	0.34	0.30	0.24

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

For the Furnishings, Fixtures & Appliances subindustry, Astivita'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.

Astivita's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Astivita's Effective Interest Rate on Debt % distribution charts can be found below:

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

Astivita Effective Interest Rate on Debt % Calculation

Astivita's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2020 )	+	Total Debt (A: Jun. 2021 ))	/ count )
=	-1 * -0.01	/	( (3.191	+	1.57)	/ 2 )
=	-1 * -0.01	/	2.3805
=	0.42 %

where

	Total Debt (A: Jun. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.044	+	0.147
=	3.191

	Total Debt (A: Jun. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.511	+	0.059
=	1.57

Astivita's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2021 )	+	Total Debt (Q: Dec. 2021 ))	/ count )
=	-1 * -0.006	/	( (1.57	+	3.486)	/ 2 )
=	-1 * -0.006	/	2.528
=	0.24 %

where

	Total Debt (Q: Jun. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.511	+	0.059
=	1.57

	Total Debt (Q: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.266	+	0.22
=	3.486

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. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Astivita (ASX:AIR) Effective Interest Rate on Debt % Explanation

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

Astivita Effective Interest Rate on Debt % Related Terms

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Astivita (ASX:AIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Astivita Ltd (ASX:AIR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

243 Milton Road, Milton, QLD, AUS, 4064

Website

https://www.astiv.com.au

Astivita Ltd is engaged importing and distributing kitchen appliances, sanitary ware, and bathroom products into Australian market. The products of the company include appliances, basins, mirrors, tapware, toilet suites, vanity suites, and solar hot water.