SP New Energy (PHS:SPNEC) Effective Interest Rate on Debt %: 8.46% (As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.38
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What is SP New Energy Effective Interest Rate on Debt %?

SP New Energy PHS:SPNEC +2.22% 33 Effective Interest Rate on Debt % is 8.46% as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

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. SP New Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₱275 Mil. SP New Energy's average total debt for the quarter that ended in Sep. 2024 was ₱3,256 Mil. Therefore, SP New Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 8.46%.

SP New Energy  (PHS:SPNEC) Effective Interest Rate on Debt % Explanation

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

SP New Energy Effective Interest Rate on Debt % Related Terms

SP New Energy Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for SP New 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.

SP New Energy Effective Interest Rate on Debt % Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 8.51 8.53 19.33 4.80

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 8.43 8.22 7.90 7.92 8.46

PHS:SPNEC vs CEG: Effective Interest Rate on Debt % Comparison

For the Utilities - Renewable subindustry, SP New 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.

SP New Energy Effective Interest Rate on Debt % vs Utilities - Independent Power Producers Industry

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

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


PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy Effective Interest Rate on Debt % Calculation

SP New Energy'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: Jun. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -167.232/( (0+3486.616)/ 1 )
=-1  *  -167.232/3486.616
=4.80 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3110.805 + 375.811
=3486.616

SP New 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: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -275.36/( (3290.851+3220.631)/ 2 )
=-1  *  -275.36/3255.741
=8.46 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2923.429 + 367.422
=3290.851

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2859.835 + 360.796
=3220.631

* 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.

What does a Effective Interest Rate on Debt % of 8.46% mean?
SP New Energy (PHS:SPNEC) has a Effective Interest Rate on Debt % of 8.46% as of Sep. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SP New Energy and its competitors.
Is SP New Energy's Effective Interest Rate on Debt % too high?
SP New Energy's current Effective Interest Rate on Debt % is 8.46%. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Effective Interest Rate on Debt % compare to CEG?
SP New Energy's Effective Interest Rate on Debt % of 8.46% can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Utilities - Independent Power Producers company?
A good Effective Interest Rate on Debt % depends on the Utilities - Independent Power Producers industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SP New Energy and its competitors. SP New Energy's current Effective Interest Rate on Debt % is 8.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Effective Interest Rate on Debt % of 8.46%. The current Effective Interest Rate on Debt % is 8.46%. SP New Energy's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For SP New Energy (PHS:SPNEC), the current Effective Interest Rate on Debt % is 8.46% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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