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Infortar AS (OTSE:INF1T) Effective Interest Rate on Debt % : 5.20% (As of Dec. 2023)


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What is Infortar AS 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. Infortar AS's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €23 Mil. Infortar AS's average total debt for the quarter that ended in Dec. 2023 was €434 Mil. Therefore, Infortar AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.20%.

Infortar AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Infortar AS'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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Infortar AS Effective Interest Rate on Debt % Chart

Infortar AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
1.51 1.42 2.14 5.20

Infortar AS Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt % 1.51 1.42 2.14 5.20

Competitive Comparison of Infortar AS's Effective Interest Rate on Debt %

For the Asset Management subindustry, Infortar AS'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.

Infortar AS's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Infortar AS's Effective Interest Rate on Debt % distribution charts can be found below:

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


Infortar AS Effective Interest Rate on Debt % Calculation

Infortar AS's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -22.573/( (427.205+441.16)/ 2 )
=-1  *  -22.573/434.1825
=5.20 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=160.897 + 266.308
=427.205

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=255.135 + 186.025
=441.16

Infortar AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -22.573/( (427.205+441.16)/ 2 )
=-1  *  -22.573/434.1825
=5.20 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=160.897 + 266.308
=427.205

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=255.135 + 186.025
=441.16

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

Infortar AS  (OTSE:INF1T) Effective Interest Rate on Debt % Explanation

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

Infortar AS Effective Interest Rate on Debt % Related Terms

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Infortar AS (OTSE:INF1T) Business Description

Industry
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Traded in Other Exchanges
X8K:Germany
Address
Sadama 5, Tallinn, EST, 10111
Website
https://www.infortar.ee
Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

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