Societatea Energetica Electrica (BSE:EL) Effective Interest Rate on Debt % : 7.92% (As of Jun. 2024)

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What is Societatea Energetica Electrica 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. Societatea Energetica Electrica's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was lei375 Mil. Societatea Energetica Electrica's average total debt for the quarter that ended in Jun. 2024 was lei4,732 Mil. Therefore, Societatea Energetica Electrica's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 7.92%.

Societatea Energetica Electrica Effective Interest Rate on Debt % Historical Data

The historical data trend for Societatea Energetica Electrica'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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Societatea Energetica Electrica Effective Interest Rate on Debt % Chart

Societatea Energetica Electrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.23

2.95

2.59

7.05

7.65

Societatea Energetica Electrica Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.80	8.33	8.27	5.50	7.92

Competitive Comparison of Societatea Energetica Electrica's Effective Interest Rate on Debt %

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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.

Societatea Energetica Electrica's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Effective Interest Rate on Debt % distribution charts can be found below:

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

Societatea Energetica Electrica Effective Interest Rate on Debt % Calculation

Societatea Energetica Electrica'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 * -290.506	/	( (3385.423	+	4212.058)	/ 2 )
=	-1 * -290.506	/	3798.7405
=	7.65 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	681.655	+	2703.768
=	3385.423

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	823.491	+	3388.567
=	4212.058

Societatea Energetica Electrica'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 * -374.736	/	( (4212.058	+	5252.689)	/ 2 )
=	-1 * -374.736	/	4732.3735
=	7.92 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	823.491	+	3388.567
=	4212.058

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2289.655	+	2963.034
=	5252.689

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

Societatea Energetica Electrica (BSE:EL) Effective Interest Rate on Debt % Explanation

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

Societatea Energetica Electrica Effective Interest Rate on Debt % Related Terms

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Societatea Energetica Electrica Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Societatea Energetica Electrica SA (BSE:EL) » Definitions » Effective Interest Rate on Debt %

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Address

No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621

Website

https://www.electrica.ro

Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.