Evergent Investments (BSE:EVER) Effective Interest Rate on Debt % : 6.21% (As of Dec. 2023)

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What is Evergent Investments 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. Evergent Investments's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was lei6.9 Mil. Evergent Investments's average total debt for the quarter that ended in Dec. 2023 was lei111.7 Mil. Therefore, Evergent Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.21%.

Evergent Investments Effective Interest Rate on Debt % Historical Data

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

Evergent Investments Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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7.33

3.45

3.36

4.84

9.82

Evergent Investments Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														3.49	4.35	6.01	6.53	6.21

Competitive Comparison of Evergent Investments's Effective Interest Rate on Debt %

For the Asset Management subindustry, Evergent Investments'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.

Evergent Investments's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Evergent Investments's Effective Interest Rate on Debt % distribution charts can be found below:

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

Evergent Investments Effective Interest Rate on Debt % Calculation

Evergent Investments'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 * -5.855	/	( (20.928	+	98.266)	/ 2 )
=	-1 * -5.855	/	59.597
=	9.82 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.092	+	5.836
=	20.928

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	85.15	+	13.116
=	98.266

Evergent Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -6.94	/	( (125.194	+	98.266)	/ 2 )
=	-1 * -6.94	/	111.73
=	6.21 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.978	+	103.216
=	125.194

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	85.15	+	13.116
=	98.266

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Evergent Investments (BSE:EVER) Effective Interest Rate on Debt % Explanation

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

Evergent Investments Effective Interest Rate on Debt % Related Terms

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Evergent Investments (BSE:EVER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Evergent Investments SA (BSE:EVER) » Definitions » Effective Interest Rate on Debt %

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Address

Pictor Aman Street 94 C, Bacau, ROU, 600164

Website

https://www.evergent.ro

Evergent Investments SA is a Romanian financial investment company. The group has five reporting segments which include financial investment services, manufacture and sale of agricultural machinery, real estate development (apartments, including parking spaces), cultivation of fruit-bearing trees (blueberries), and Others.