Ecomembrane SpA (MIL:ECMB) Effective Interest Rate on Debt % : 5.76% (As of Dec. 2023)

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What is Ecomembrane SpA 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. Ecomembrane SpA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.10 Mil. Ecomembrane SpA's average total debt for the quarter that ended in Dec. 2023 was €1.70 Mil. Therefore, Ecomembrane SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.76%.

Ecomembrane SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for Ecomembrane SpA'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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Ecomembrane SpA Effective Interest Rate on Debt % Chart

Ecomembrane SpA Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

1.93

2.66

4.48

Ecomembrane SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	-	-	3.91	5.76

Competitive Comparison of Ecomembrane SpA's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, Ecomembrane SpA'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.

Ecomembrane SpA's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ecomembrane SpA's Effective Interest Rate on Debt % distribution charts can be found below:

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

Ecomembrane SpA Effective Interest Rate on Debt % Calculation

Ecomembrane SpA'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 * -0.124	/	( (3.839	+	1.7)	/ 2 )
=	-1 * -0.124	/	2.7695
=	4.48 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.628	+	1.211
=	3.839

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.068	+	0.632
=	1.7

Ecomembrane SpA'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.098	/	( (0	+	1.7)	/ 1 )
=	-1 * -0.098	/	1.7
=	5.76 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.068	+	0.632
=	1.7

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

Ecomembrane SpA (MIL:ECMB) Effective Interest Rate on Debt % Explanation

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

Ecomembrane SpA Effective Interest Rate on Debt % Related Terms

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Ecomembrane SpA (MIL:ECMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ecomembrane SpA (MIL:ECMB) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Pari Opportunita n. 9, Gadesco, Pieve Delmona, ITA, 26030

Website

https://www.ecomembrane.com

Ecomembrane SpA operates in the sector of design, sale and installation of components for biogas and biomethane production plants and gas storage systems, such as biogas, methane, CO2 and hydrogen. Specifically, it carries out production activity which mainly takes the form of cutting, high-frequency welding and packaging of membrane covers using, as the main material, PVC-coated polyester fabric. The company operates globally and has the most extensive network in the world in terms of installations as well as production structure. Its products include 3Master, 2 Master, Cupola M2- heat shield, Cupola M3, Econtainer, M1 cone, and Claricover.

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