Res SpA (MIL:RES) Effective Interest Rate on Debt % : -2.22% (As of Dec. 2023)

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What is Res 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. Res SpA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €-0.20 Mil. Res SpA's average total debt for the quarter that ended in Dec. 2023 was €8.91 Mil. Therefore, Res SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -2.22%.

Res SpA Effective Interest Rate on Debt % Historical Data

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

Res SpA Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

0.34

0.26

Res SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	-	-	-1.05	4.38	-2.22

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

For the Waste Management subindustry, Res 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.

Res SpA's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Res SpA's Effective Interest Rate on Debt % distribution charts can be found below:

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

Res SpA Effective Interest Rate on Debt % Calculation

Res 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 * -0.024	/	( (5.917	+	12.506)	/ 2 )
=	-1 * -0.024	/	9.2115
=	0.26 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.086	+	1.831
=	5.917

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.146	+	2.36
=	12.506

Res 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 * 0.198	/	( (5.318	+	12.506)	/ 2 )
=	-1 * 0.198	/	8.912
=	-2.22 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.511	+	1.807
=	5.318

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.146	+	2.36
=	12.506

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.

Res SpA (MIL:RES) Effective Interest Rate on Debt % Explanation

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

Res SpA Effective Interest Rate on Debt % Related Terms

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Res SpA (MIL:RES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Res SpA (MIL:RES) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pettoranello del Molise, Zona Industriale, ITA, 86090

Website

https://www.recuperoeticosostenibile.it

Res SpA operates in the waste sector. The business activity is mainly focused on the collection and sorting of materials. The company deals with the entire waste management process from selection to functional treatment and transformation to the regeneration and recovery of waste and reuse as production raw materials.