Tallinnadam AS (OTSE:TSM1T) Effective Interest Rate on Debt % : 4.87% (As of Mar. 2024)

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What is Tallinnadam 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. Tallinnadam AS's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €8.4 Mil. Tallinnadam AS's average total debt for the quarter that ended in Mar. 2024 was €171.8 Mil. Therefore, Tallinnadam AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.87%.

Tallinnadam AS Effective Interest Rate on Debt % Historical Data

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

Tallinnadam AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.82

0.80

0.66

1.01

4.09

Tallinnadam AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.99	3.99	4.56	4.74	4.87

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

For the Marine Shipping subindustry, Tallinnadam 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.

Tallinnadam AS's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tallinnadam AS's Effective Interest Rate on Debt % distribution charts can be found below:

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

Tallinnadam AS Effective Interest Rate on Debt % Calculation

Tallinnadam 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 * -7.397	/	( (188.41	+	173.397)	/ 2 )
=	-1 * -7.397	/	180.9035
=	4.09 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	171.482	+	16.928
=	188.41

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	157.566	+	15.831
=	173.397

Tallinnadam AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -8.36	/	( (173.397	+	170.122)	/ 2 )
=	-1 * -8.36	/	171.7595
=	4.87 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	157.566	+	15.831
=	173.397

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	156.566	+	13.556
=	170.122

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

Tallinnadam AS (OTSE:TSM1T) Effective Interest Rate on Debt % Explanation

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

Tallinnadam AS Effective Interest Rate on Debt % Related Terms

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Tallinnadam AS (OTSE:TSM1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tallinna Sadam AS (OTSE:TSM1T) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Sadama 25, Tallinn, EST, 15051

Website

https://www.ts.ee

Tallinna Sadam AS is a company whose core business lines are rendering port services in the capacity of a landlord port, organising passenger ferry service between Estonia's mainland and biggest islands and operating the multifunctional icebreaker Botnica. The reportable segments of the company are Passenger harbours, Cargo harbours, Ferry and Others and the majority of its revenue is derived from the Cargo harbour segment.

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