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BellPal Holding (NGM:BELLP) Effective Interest Rate on Debt % : 4,935.51% (As of Sep. 2023)


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What is BellPal Holding 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. BellPal Holding's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was kr12.09 Mil. BellPal Holding's average total debt for the quarter that ended in Sep. 2023 was kr0.25 Mil. Therefore, BellPal Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4,935.51%.


BellPal Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for BellPal Holding'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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BellPal Holding Effective Interest Rate on Debt % Chart

BellPal Holding Annual Data
Trend Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- 483.92 143.29

BellPal Holding Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 724.75 4,935.51

Competitive Comparison of BellPal Holding's Effective Interest Rate on Debt %

For the Footwear & Accessories subindustry, BellPal Holding'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.


BellPal Holding's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, BellPal Holding's Effective Interest Rate on Debt % distribution charts can be found below:

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



BellPal Holding Effective Interest Rate on Debt % Calculation

BellPal Holding's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.811/( (0.566+0)/ 1 )
=-1  *  -0.811/0.566
=143.29 %

where

BellPal Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -12.092/( (0.202+0.288)/ 2 )
=-1  *  -12.092/0.245
=4,935.51 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.202 + 0.086
=0.288

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


BellPal Holding  (NGM:BELLP) Effective Interest Rate on Debt % Explanation

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


BellPal Holding Effective Interest Rate on Debt % Related Terms

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BellPal Holding (NGM:BELLP) Business Description

Traded in Other Exchanges
N/A
Address
Magnus Ladulasgatan, Stockholm, SWE, 118 65
BellPal Holding is a Swedish company that develops products and services to support seniors to live free and active lives. It is a caretech company that combines digital services with medical expertise in order to develop products, services and digital solutions primarily for seniors and medical care. Bell Pal's main business is a comprehensive platform that links the user with it's relatives and emergency central. Its platforms is based around a SaaS business model and therefore invoices the end-user with a monthly subscription fee for the usage of the service. The subscription includes both hardware and software for a package price.

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