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Aker Carbon Capture ASA (LTS:0ZCB) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Aker Carbon Capture ASA 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. Aker Carbon Capture ASA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr0 Mil. Aker Carbon Capture ASA's average total debt for the quarter that ended in Mar. 2024 was kr42 Mil. Therefore, Aker Carbon Capture ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


Aker Carbon Capture ASA Effective Interest Rate on Debt % Historical Data

The historical data trend for Aker Carbon Capture ASA'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.

Aker Carbon Capture ASA Effective Interest Rate on Debt % Chart

Aker Carbon Capture ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 4.40 7.16 6.36

Aker Carbon Capture ASA Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.20 17.70 57.92 9.94 -

Competitive Comparison of Aker Carbon Capture ASA's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, Aker Carbon Capture ASA'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.


Aker Carbon Capture ASA's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aker Carbon Capture ASA's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Aker Carbon Capture ASA's Effective Interest Rate on Debt % falls into.



Aker Carbon Capture ASA Effective Interest Rate on Debt % Calculation

Aker Carbon Capture ASA'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  *  -1.517/( (6.356+41.359)/ 2 )
=-1  *  -1.517/23.8575
=6.36 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.844 + 4.515
=41.359

Aker Carbon Capture ASA'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/( (41.359+42.152)/ 2 )
=-1  *  0/41.7555
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.844 + 4.515
=41.359

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=37.318 + 4.834
=42.152

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


Aker Carbon Capture ASA  (LTS:0ZCB) Effective Interest Rate on Debt % Explanation

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


Aker Carbon Capture ASA Effective Interest Rate on Debt % Related Terms

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Aker Carbon Capture ASA (LTS:0ZCB) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 8, Lysaker, Baerum, NOR, 1366
Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

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