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AS Rigas kugu buvetava (ORSE:RKB1R) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)


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What is AS Rigas kugu buvetava 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. AS Rigas kugu buvetava's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €0.00 Mil. AS Rigas kugu buvetava's average total debt for the quarter that ended in Sep. 2024 was €2.89 Mil. Therefore, AS Rigas kugu buvetava's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.


AS Rigas kugu buvetava Effective Interest Rate on Debt % Historical Data

The historical data trend for AS Rigas kugu buvetava'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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AS Rigas kugu buvetava Effective Interest Rate on Debt % Chart

AS Rigas kugu buvetava Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.72 0.75 - 0.80 0.10

AS Rigas kugu buvetava Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 - - - -

Competitive Comparison of AS Rigas kugu buvetava's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, AS Rigas kugu buvetava'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.


AS Rigas kugu buvetava's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AS Rigas kugu buvetava's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where AS Rigas kugu buvetava's Effective Interest Rate on Debt % falls into.


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AS Rigas kugu buvetava Effective Interest Rate on Debt % Calculation

AS Rigas kugu buvetava'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  *  -0.003/( (3.15+2.795)/ 2 )
=-1  *  -0.003/2.9725
=0.10 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.466 + 0.684
=3.15

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.701 + 0.094
=2.795

AS Rigas kugu buvetava'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: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  0/( (2.976+2.808)/ 2 )
=-1  *  0/2.892
=0.00 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.79 + 0.186
=2.976

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.641 + 0.167
=2.808

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


AS Rigas kugu buvetava  (ORSE:RKB1R) Effective Interest Rate on Debt % Explanation

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


AS Rigas kugu buvetava Effective Interest Rate on Debt % Related Terms

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AS Rigas kugu buvetava Business Description

Traded in Other Exchanges
N/A
Address
Gales Street 2, Riga, LVA, LV-1015
AS Rigas kugu buvetava is a Latvia-based company. The company earns revenue through ship repairs and Leasing and managing owned or rented real estate. Geographically the company generates majority of its turnover in Latvia.

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