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Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) Effective Interest Rate on Debt % : 12.72% (As of Dec. 2023)


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What is Aeris Industria E Comercio de Equipamentos para Geracao de 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. Aeris Industria E Comercio de Equipamentos para Geracao de Energia's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was R$224 Mil. Aeris Industria E Comercio de Equipamentos para Geracao de Energia's average total debt for the quarter that ended in Dec. 2023 was R$1,757 Mil. Therefore, Aeris Industria E Comercio de Equipamentos para Geracao de Energia's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 12.72%.


Aeris Industria E Comercio de Equipamentos para Geracao de Energia Effective Interest Rate on Debt % Historical Data

The historical data trend for Aeris Industria E Comercio de Equipamentos para Geracao de 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.

* Premium members only.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Effective Interest Rate on Debt % Chart

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 11.98 9.07 8.03 13.69 13.96

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.59 14.48 13.40 14.31 12.72

Competitive Comparison of Aeris Industria E Comercio de Equipamentos para Geracao de Energia's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Aeris Industria E Comercio de Equipamentos para Geracao de 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.


Aeris Industria E Comercio de Equipamentos para Geracao de Energia's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aeris Industria E Comercio de Equipamentos para Geracao de Energia's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Aeris Industria E Comercio de Equipamentos para Geracao de Energia's Effective Interest Rate on Debt % falls into.



Aeris Industria E Comercio de Equipamentos para Geracao de Energia Effective Interest Rate on Debt % Calculation

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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  *  -248.682/( (1816.726+1746.966)/ 2 )
=-1  *  -248.682/1781.846
=13.96 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1557.566 + 259.16
=1816.726

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1180.644 + 566.322
=1746.966

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -223.572/( (1767.178+1746.966)/ 2 )
=-1  *  -223.572/1757.072
=12.72 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1238.938 + 528.24
=1767.178

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1180.644 + 566.322
=1746.966

* 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.

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


Aeris Industria E Comercio de Equipamentos para Geracao de Energia  (BSP:AERI3) Effective Interest Rate on Debt % Explanation

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


Aeris Industria E Comercio de Equipamentos para Geracao de Energia Effective Interest Rate on Debt % Related Terms

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Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) Business Description

Traded in Other Exchanges
N/A
Address
Rod. CE-155, km 02, Pecém Industrial and Port Complex, Caucaia, CE, BRA, 61680-000
Aeris Industria E Comercio de Equipamentos para Geracao de Energia SA operates in the renewable energy sector. The company is engaged in the manufacture of wind blades. Also, the company provides inspection, maintenance, and other after-sales services. The factory is located in the Northeast region of Brazil, near the city of Fortaleza, Ceara.

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