Groupe Berkem (FRA:6OU) Effective Interest Rate on Debt % : 6.90% (As of Dec. 2023)

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What is Groupe Berkem 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. Groupe Berkem's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €2.50 Mil. Groupe Berkem's average total debt for the quarter that ended in Dec. 2023 was €36.29 Mil. Therefore, Groupe Berkem's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.90%.

Groupe Berkem Effective Interest Rate on Debt % Historical Data

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

Groupe Berkem Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.06

5.34

7.61

6.54

5.84

Groupe Berkem Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				-	3.25	3.92	5.11	6.90

Competitive Comparison of Groupe Berkem's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Groupe Berkem'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.

Groupe Berkem's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Groupe Berkem's Effective Interest Rate on Debt % distribution charts can be found below:

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

Groupe Berkem Effective Interest Rate on Debt % Calculation

Groupe Berkem'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 * -1.936	/	( (27.553	+	38.792)	/ 2 )
=	-1 * -1.936	/	33.1725
=	5.84 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.333	+	3.22
=	27.553

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29.743	+	9.049
=	38.792

Groupe Berkem'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 * -2.502	/	( (33.778	+	38.792)	/ 2 )
=	-1 * -2.502	/	36.285
=	6.90 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.038	+	8.74
=	33.778

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	29.743	+	9.049
=	38.792

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.

Groupe Berkem (FRA:6OU) Effective Interest Rate on Debt % Explanation

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

Groupe Berkem Effective Interest Rate on Debt % Related Terms

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Groupe Berkem (FRA:6OU) Business Description

Industry

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ALKEM:France

Address

Marais Ouest, Gardonne, FRA, 24680

Website

https://www.berkem.com

Groupe Berkem SA is a benchmark player in plant-based chemistry with the mission of accelerating the ecological transition of players in everyday chemistry. It designs and manufactures a wide range of active ingredients derived from plant materials, which are then offered to manufacturers for the formulation of products.

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