GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Innventure Inc (AMEX:INV) » Definitions » Effective Interest Rate on Debt %

Innventure (Innventure) Effective Interest Rate on Debt % : 20.77% (As of Dec. 2023)


View and export this data going back to 2050. Start your Free Trial

What is Innventure 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. Innventure's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1.53 Mil. Innventure's average total debt for the quarter that ended in Dec. 2023 was $7.38 Mil. Therefore, Innventure's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 20.77%.

Innventure Effective Interest Rate on Debt % Historical Data

The historical data trend for Innventure'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.

Innventure Effective Interest Rate on Debt % Chart

Innventure Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
15.58 12.14 18.39

Innventure Quarterly Data
Dec21 Sep22 Dec22 Sep23 Dec23
Effective Interest Rate on Debt % - - 14.72 - 20.77

Competitive Comparison of Innventure's Effective Interest Rate on Debt %

For the Asset Management subindustry, Innventure'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.

Innventure's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Innventure's Effective Interest Rate on Debt % distribution charts can be found below:

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


Innventure Effective Interest Rate on Debt % Calculation

Innventure'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  *  -1.224/( (5.898+7.412)/ 2 )
=-1  *  -1.224/6.655
=18.39 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.448 + 2.45
=5.898

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.5 + 1.912
=7.412

Innventure'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  *  -1.532/( (7.338+7.412)/ 2 )
=-1  *  -1.532/7.375
=20.77 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.152 + 1.186
=7.338

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.5 + 1.912
=7.412

* 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.

Innventure  (AMEX:INV) Effective Interest Rate on Debt % Explanation

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

Innventure Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Innventure's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Innventure (Innventure) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Innventure Inc (AMEX:INV) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
Traded in Other Exchanges
N/A
Address
6900 Tavistock Lakes boulevard, Suite 400, Orlando, FL, USA
Website
https://www.innventure.com
Innventure Inc creates, funds, operates, and rapidly scales companies in strategic collaboration with MNCs. It provides company creation, corporate strategy, technology optimization, operations, commercialization, and funding. Innventure analyzes the market, including proprietary data provided by MNCs, to identify where their well-protected, breakthrough technologies address market needs and have the potential to create $1B+ in new enterprise value.

Innventure (Innventure) Headlines

No Headlines