Stara Planina Holding AD (LTS:0O2S) Effective Interest Rate on Debt % : 2.42% (As of Mar. 2024)

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What is Stara Planina Holding AD 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. Stara Planina Holding AD's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was лв0.1 Mil. Stara Planina Holding AD's average total debt for the quarter that ended in Mar. 2024 was лв4.8 Mil. Therefore, Stara Planina Holding AD's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.42%.

Stara Planina Holding AD Effective Interest Rate on Debt % Historical Data

The historical data trend for Stara Planina Holding AD'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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Stara Planina Holding AD Effective Interest Rate on Debt % Chart

Stara Planina Holding AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.79

6.17

5.68

10.78

13.37

Stara Planina Holding AD Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.08	8.10	9.17	11.82	2.42

Competitive Comparison of Stara Planina Holding AD's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Stara Planina Holding AD'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.

Stara Planina Holding AD's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stara Planina Holding AD's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Stara Planina Holding AD's Effective Interest Rate on Debt % falls into.

Stara Planina Holding AD Effective Interest Rate on Debt % Calculation

Stara Planina Holding AD'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 * -0.458	/	( (2.064	+	4.789)	/ 2 )
=	-1 * -0.458	/	3.4265
=	13.37 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.051	+	1.013
=	2.064

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.934	+	3.855
=	4.789

Stara Planina Holding AD's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.116	/	( (4.789	+	0)	/ 1 )
=	-1 * -0.116	/	4.789
=	2.42 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.934	+	3.855
=	4.789

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Stara Planina Holding AD (LTS:0O2S) Effective Interest Rate on Debt % Explanation

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

Stara Planina Holding AD Effective Interest Rate on Debt % Related Terms

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Stara Planina Holding AD (LTS:0O2S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stara Planina Holding AD (LTS:0O2S) » Definitions » Effective Interest Rate on Debt %

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SPH:Bulgaria

Address

20, Frederic Joliot-Curie Street, 9th Floor, Sofia, BGR, 1113

Website

https://www.sphold.com

Stara Planina Holding AD is a holding company. The company is engaged in the acquisition, management, evaluation and sale of shareholdings in Bulgarian and foreign companies; acquisition, management and sale of bonds, evaluation and sale of patents, transfer of licenses for the use of patents, belonging to companies where the holding company has participation; financing companies where the holding company has participations; other commercial operations, except those prohibited by law. The investment portfolio of the holding is distributed mainly in the following industries, Machine Building; Electrical Engineering, Light Industry and Financial.

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