Manawa Energy (NZSE:MNW) Effective Interest Rate on Debt % : 6.38% (As of Sep. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Manawa Energy 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. Manawa Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was NZ$29.1 Mil. Manawa Energy's average total debt for the quarter that ended in Sep. 2024 was NZ$455.6 Mil. Therefore, Manawa Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 6.38%.

Manawa Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Manawa Energy'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.

Manawa Energy Effective Interest Rate on Debt % Chart

Manawa Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.03

4.13

3.80

4.26

5.91

Manawa Energy Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													3.92	5.62	5.80	6.08	6.38

Competitive Comparison of Manawa Energy's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Manawa Energy'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.

Manawa Energy's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Manawa Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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

Manawa Energy Effective Interest Rate on Debt % Calculation

Manawa Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -26.716	/	( (449.136	+	455.639)	/ 2 )
=	-1 * -26.716	/	452.3875
=	5.91 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	396.357	+	52.779
=	449.136

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	438.323	+	17.316
=	455.639

Manawa Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -29.064	/	( (455.639	+	0)	/ 1 )
=	-1 * -29.064	/	455.639
=	6.38 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	438.323	+	17.316
=	455.639

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

Manawa Energy (NZSE:MNW) Effective Interest Rate on Debt % Explanation

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

Manawa Energy Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Manawa Energy's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Manawa Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Manawa Energy Ltd (NZSE:MNW) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

93 Cameron Road, Private Bag 12055, Tauranga Mail Centre, Tauranga, BOP, NZL, 3110

Website

https://www.manawaenergy.co.nz

Manawa is New Zealand's fifth-largest electricity generator. It has about 26 hydroelectric schemes in New Zealand, producing more than 1,900 GWh of electricity in an average rainfall year. Manawa's retail business was sold in 2022. Most electricity is sold to Mercury NZ under a long-term contract.

Manawa Energy Headlines

No Headlines