The Artisanal Spirits Co (FRA:045) Effective Interest Rate on Debt % : 58.07% (As of Dec. 2023)

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What is The Artisanal Spirits Co 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. The Artisanal Spirits Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €2.06 Mil. The Artisanal Spirits Co's average total debt for the quarter that ended in Dec. 2023 was €3.55 Mil. Therefore, The Artisanal Spirits Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 58.07%.

The Artisanal Spirits Co Effective Interest Rate on Debt % Historical Data

The historical data trend for The Artisanal Spirits Co'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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The Artisanal Spirits Co Effective Interest Rate on Debt % Chart

The Artisanal Spirits Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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15.96

29.56

13.76

16.46

48.55

The Artisanal Spirits Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					8.78	10.94	22.20	39.22	58.07

Competitive Comparison of The Artisanal Spirits Co's Effective Interest Rate on Debt %

For the Beverages - Wineries & Distilleries subindustry, The Artisanal Spirits Co'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.

The Artisanal Spirits Co's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, The Artisanal Spirits Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

The Artisanal Spirits Co Effective Interest Rate on Debt % Calculation

The Artisanal Spirits Co'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 * -1.76	/	( (3.816	+	3.435)	/ 2 )
=	-1 * -1.76	/	3.6255
=	48.55 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.402	+	0.414
=	3.816

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.989	+	0.446
=	3.435

The Artisanal Spirits Co'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 * -2.06	/	( (3.66	+	3.435)	/ 2 )
=	-1 * -2.06	/	3.5475
=	58.07 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.24	+	0.42
=	3.66

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.989	+	0.446
=	3.435

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.

The Artisanal Spirits Co (FRA:045) Effective Interest Rate on Debt % Explanation

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

The Artisanal Spirits Co Effective Interest Rate on Debt % Related Terms

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The Artisanal Spirits Co (FRA:045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » The Artisanal Spirits Co PLC (FRA:045) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

ART:UK

Address

87 Giles Street, The Vaults, Edinburgh, GBR, EH6 6BZ

Website

https://www.artisanal-spirits.com

The Artisanal Spirits Co PLC is a curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership. It offers a range of other spirits such as single cask Bourbon, Indian and Japanese whisky, as well as single cask Armagnac, Cognac, gin and rum. Its operations are predominantly based in the UK with the Group also generating revenues across several international markets, including China, the USA, Germany, France, Sweden, Japan, Australia, and Taiwan.

The Artisanal Spirits Co (FRA:045) Headlines

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