TMM Real Estate Development (FRA:TR61) Effective Interest Rate on Debt %: 1.79% (As of Dec. 2023)

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FRA:TR61 TMM Real Estate Development PLC FRA:TR61
39 GF Score
Price €0.06
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What is TMM Real Estate Development Effective Interest Rate on Debt %?

TMM Real Estate Development FRA:TR61 39 Effective Interest Rate on Debt % is 1.79% as of Dec. 2023. GuruFocus rates FRA:TR61 with a GF Score™ of 39/100.

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. TMM Real Estate Development's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.02 Mil. TMM Real Estate Development's average total debt for the quarter that ended in Dec. 2023 was €1.34 Mil. Therefore, TMM Real Estate Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.79%.


TMM Real Estate Development  (FRA:TR61) Effective Interest Rate on Debt % Explanation

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


TMM Real Estate Development Effective Interest Rate on Debt % Related Terms


TMM Real Estate Development Effective Interest Rate on Debt % Historical Data

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The historical data trend for TMM Real Estate Development'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.

TMM Real Estate Development Effective Interest Rate on Debt % Chart

TMM Real Estate Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.86 0.36 0.47 0.67 1.79

TMM Real Estate Development Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 50.86 0.36 0.47 0.67 1.79

TMM Real Estate Development Effective Interest Rate on Debt % Competitor Comparison

For the Real Estate - Diversified subindustry, TMM Real Estate Development'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.


TMM Real Estate Development Effective Interest Rate on Debt % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, TMM Real Estate Development's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where TMM Real Estate Development's Effective Interest Rate on Debt % falls into.


FRA:TR61
39GF Score
TMM Real Estate Development PLC FRA:TR61
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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TMM Real Estate Development Effective Interest Rate on Debt % Calculation

TMM Real Estate Development'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  *  -0.024/( (1.402+1.278)/ 2 )
=-1  *  -0.024/1.34
=1.79 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.239 + 1.163
=1.402

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.249 + 1.029
=1.278

TMM Real Estate Development'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: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.024/( (1.402+1.278)/ 2 )
=-1  *  -0.024/1.34
=1.79 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.239 + 1.163
=1.402

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.249 + 1.029
=1.278

* 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 one times the annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 1.79% mean?
TMM Real Estate Development (FRA:TR61) has a Effective Interest Rate on Debt % of 1.79% as of Dec. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on TMM Real Estate Development and its competitors.
Is TMM Real Estate Development's Effective Interest Rate on Debt % too high?
TMM Real Estate Development's current Effective Interest Rate on Debt % is 1.79%. Overall, TMM Real Estate Development has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does TMM Real Estate Development's Effective Interest Rate on Debt % compare to competitors?
TMM Real Estate Development's Effective Interest Rate on Debt % of 1.79% can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Real Estate company?
A good Effective Interest Rate on Debt % depends on the Real Estate industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on TMM Real Estate Development and its competitors. TMM Real Estate Development's current Effective Interest Rate on Debt % is 1.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMM Real Estate Development stock overvalued right now?
TMM Real Estate Development (FRA:TR61) has a current Effective Interest Rate on Debt % of 1.79%. The current Effective Interest Rate on Debt % is 1.79%. TMM Real Estate Development's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For TMM Real Estate Development (FRA:TR61), the current Effective Interest Rate on Debt % is 1.79% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TMM Real Estate Development Business Description

Address 49A, Volodymyrska Street, Kyiv, UKR, 04116
TMM Real Estate Development PLC operates as a real estate development and construction company and develops the construction of residential complexes on a turnkey basis, which covers all complex construction and fine finishing works as well as post-construction utility services for the completed projects. It operates in the following segments: Investment Property; Property Development & Construction; Utility and Management Services; and Air Mobility Solutions. The Investment Property segment leases residential and commercial property owned by the group. The Property Development & Construction segment builds and sells residential and commercial property and renders construction services. The Air Mobility Solutions segment earns the majority of revenue.
39GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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