Horisont Energi AS (STU:9GJ) Effective Interest Rate on Debt % : 11.73% (As of Dec. 2024)

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What is Horisont Energi 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. Horisont Energi AS's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was €0.04 Mil. Horisont Energi AS's average total debt for the quarter that ended in Dec. 2024 was €0.31 Mil. Therefore, Horisont Energi AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 11.73%.

Horisont Energi AS Effective Interest Rate on Debt % Historical Data

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

Horisont Energi AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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2.64

7.13

2.67

5.94

11.12

Horisont Energi AS Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													11.49	8.04	10.03	10.94	11.73

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

For the Pollution & Treatment Controls subindustry, Horisont Energi 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.

Horisont Energi AS's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Horisont Energi AS's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Horisont Energi AS Effective Interest Rate on Debt % Calculation

Horisont Energi AS's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -0.049	/	( (0.697	+	0.184)	/ 2 )
=	-1 * -0.049	/	0.4405
=	11.12 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.418	+	0.279
=	0.697

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.057	+	0.127
=	0.184

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.036	/	( (0.43	+	0.184)	/ 2 )
=	-1 * -0.036	/	0.307
=	11.73 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.15	+	0.28
=	0.43

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.057	+	0.127
=	0.184

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

Horisont Energi AS (STU:9GJ) Effective Interest Rate on Debt % Explanation

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

Horisont Energi AS Effective Interest Rate on Debt % Related Terms

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Horisont Energi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Horisont Energi AS (STU:9GJ) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

HRGI:Norway 9GJ:Germany

Address

Grenseveien 21, Sandnes, NOR, 4313

Website

https://www.horisontenergi.no

Horisont Energi AS is a Norwegian clean energy, carbon infrastructure, and storage company. It is developing blue hydrogen, blue ammonia, and carbon storage solutions, providing clean energy and carbon transport, and storage services. The company transforms gas, water, and renewable energy into clean ammonia and hydrogen and offers CO2 transportation and storage services using proprietary technology. Its Project includes the Gismarvik CO2 hub, the Polaris carbon storage project, and the Barents Blue project for the production of clean ammonia, featuring a low carbon footprint.

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