StoneCo (STU:0Q0) Effective Interest Rate on Debt % : 11.32% (As of Sep. 2024)

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What is StoneCo 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. StoneCo's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €183 Mil. StoneCo's average total debt for the quarter that ended in Sep. 2024 was €1,616 Mil. Therefore, StoneCo's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 11.32%.

StoneCo Effective Interest Rate on Debt % Historical Data

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

StoneCo Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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7.31

4.43

6.87

14.56

12.81

StoneCo Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															14.76	13.65	11.63	11.26	11.32

Competitive Comparison of StoneCo's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, StoneCo'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.

StoneCo's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, StoneCo's Effective Interest Rate on Debt % distribution charts can be found below:

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

StoneCo Effective Interest Rate on Debt % Calculation

StoneCo'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 * -130.152	/	( (999.02	+	1032.923)	/ 2 )
=	-1 * -130.152	/	1015.9715
=	12.81 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	491.035	+	507.985
=	999.02

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	681.081	+	351.842
=	1032.923

StoneCo'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 * -182.852	/	( (1598.321	+	1632.792)	/ 2 )
=	-1 * -182.852	/	1615.5565
=	11.32 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1074.332	+	523.989
=	1598.321

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1174.471	+	458.321
=	1632.792

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.

StoneCo (STU:0Q0) Effective Interest Rate on Debt % Explanation

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

StoneCo Effective Interest Rate on Debt % Related Terms

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StoneCo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » StoneCo Ltd (STU:0Q0) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

STNE:USA STNE:Mexico 0A4H:UK 0Q0:Germany STOC31:Brazil

Address

103 South Church Street, 4th Floor, Harbour Place, P.O. Box 10240, Grand Cayman, CYM, KY1-1002

Website

https://www.stone.co

StoneCo Ltd is a provider of financial technology solutions. It serves MSMBs great solutions, at fair prices, and provides the customer experience to help them manage their businesses and sell more. Its Stone Business Model combines end-to-end, cloud-based technology platforms; differentiated hyper-local and integrated distribution approaches; and white-glove, on-demand customer service. It has two segments Financial Services offers payments, digital banking, and credit solutions, focusing Ton solution mainly on micro-merchants, and Stone solution on SMBs. In Software, it offers POS and ERP solutions for different retail and services verticals, Customer Relationship Management, engagement tools, e-commerce, and Order Management System solutions, among others.

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