Greening Group Global (FRA:70I) Effective Interest Rate on Debt % : 12.78% (As of Jun. 2024)

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What is Greening Group Global 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. Greening Group Global's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €5.3 Mil. Greening Group Global's average total debt for the quarter that ended in Jun. 2024 was €41.4 Mil. Therefore, Greening Group Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 12.78%.

Greening Group Global Effective Interest Rate on Debt % Historical Data

The historical data trend for Greening Group Global'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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Greening Group Global Effective Interest Rate on Debt % Chart

Greening Group Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

2.98

3.06

10.18

Greening Group Global Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			2.42	3.40	9.65	10.66	12.78

Competitive Comparison of Greening Group Global's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Greening Group Global'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.

Greening Group Global's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Greening Group Global's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Greening Group Global's Effective Interest Rate on Debt % falls into.

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Greening Group Global Effective Interest Rate on Debt % Calculation

Greening Group Global'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 * -2.249	/	( (12.806	+	31.398)	/ 2 )
=	-1 * -2.249	/	22.102
=	10.18 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.308	+	8.498
=	12.806

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.096	+	27.302
=	31.398

Greening Group Global'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 * -5.29	/	( (31.398	+	51.418)	/ 2 )
=	-1 * -5.29	/	41.408
=	12.78 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.096	+	27.302
=	31.398

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.308	+	27.11
=	51.418

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

Greening Group Global (FRA:70I) Effective Interest Rate on Debt % Explanation

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

Greening Group Global Effective Interest Rate on Debt % Related Terms

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Greening Group Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Greening Group Global SA (FRA:70I) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GGR:Spain 70I:Germany

Address

C/ Alcayata, 4. Poligono Industrial El Florio, Granada, ESP, 18015

Website

https://www.greening-group.com

Greening Group Global SA develops its operations in the design and construction of industrial facilities for renewable energy self-consumption, solar-powered water pumping, and the promotion of energy efficiency projects.

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