LightAir AB (NGM:LAIR) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2024)

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What is LightAir AB 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. LightAir AB's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was kr0.06 Mil. LightAir AB's average total debt for the quarter that ended in Dec. 2024 was kr0.00 Mil. Therefore, LightAir AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was N/A%.

LightAir AB Effective Interest Rate on Debt % Historical Data

The historical data trend for LightAir AB'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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LightAir AB Effective Interest Rate on Debt % Chart

LightAir AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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33.43

8.35

17.45

12.39

16.18

LightAir AB Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															28.42	7.81	17.93	29.28	-

Competitive Comparison of LightAir AB's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, LightAir AB'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.

LightAir AB's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

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LightAir AB Effective Interest Rate on Debt % Calculation

LightAir AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -0.305	/	( (1.885	+	0)	/ 1 )
=	-1 * -0.305	/	1.885
=	16.18 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.769	+	1.116
=	1.885

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

LightAir AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.058	/	( (0	+	0)	/ 1 )
=	-1 * -0.058	/	0
=	N/A %

where

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

	Total Debt (Q: Dec. 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 two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

LightAir AB (NGM:LAIR) Effective Interest Rate on Debt % Explanation

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

LightAir AB Effective Interest Rate on Debt % Related Terms

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LightAir AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LightAir AB (NGM:LAIR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Svetsarvagen 15, 2 TR, Solna, SWE, 171 41

Website

https://www.lightair.com

LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.

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