LapWall Oyj (OHEL:LAPWALL) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2023)

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What is LapWall Oyj 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. LapWall Oyj's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €0.00 Mil. LapWall Oyj's average total debt for the quarter that ended in Jun. 2023 was €2.09 Mil. Therefore, LapWall Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.00%.

LapWall Oyj Effective Interest Rate on Debt % Historical Data

The historical data trend for LapWall Oyj'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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LapWall Oyj Effective Interest Rate on Debt % Chart

LapWall Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

8.09

7.53

3.69

27.26

LapWall Oyj Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			3.78	2.71	46.10	2.61	-

Competitive Comparison of LapWall Oyj's Effective Interest Rate on Debt %

For the Lumber & Wood Production subindustry, LapWall Oyj'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.

LapWall Oyj's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, LapWall Oyj's Effective Interest Rate on Debt % distribution charts can be found below:

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

LapWall Oyj Effective Interest Rate on Debt % Calculation

LapWall Oyj'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 * -0.773	/	( (3.327	+	2.345)	/ 2 )
=	-1 * -0.773	/	2.836
=	27.26 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.291	+	1.036
=	3.327

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.364	+	0.981
=	2.345

LapWall Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * 0	/	( (2.345	+	1.842)	/ 2 )
=	-1 * 0	/	2.0935
=	0.00 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.364	+	0.981
=	2.345

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.976	+	0.866
=	1.842

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

LapWall Oyj (OHEL:LAPWALL) Effective Interest Rate on Debt % Explanation

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

LapWall Oyj Effective Interest Rate on Debt % Related Terms

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LapWall Oyj (OHEL:LAPWALL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » LapWall Oyj (OHEL:LAPWALL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Periojantie 3, Pyhanta, FIN, 92930

Website

https://www.lapwall.fi

LapWall Oyj is a manufacturer and developer of wood elements. The LapWall LEK - Element System covers everything from sales to installation. LapWall LEKO - Element System contains more than 50 products, all of which are wooden elements.

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