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Lleidanetworks Serveis Telematics (STU:9TV) Effective Interest Rate on Debt % : 2.92% (As of Dec. 2023)


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What is Lleidanetworks Serveis Telematics 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. Lleidanetworks Serveis Telematics's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.26 Mil. Lleidanetworks Serveis Telematics's average total debt for the quarter that ended in Dec. 2023 was €8.98 Mil. Therefore, Lleidanetworks Serveis Telematics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.92%.


Lleidanetworks Serveis Telematics Effective Interest Rate on Debt % Historical Data

The historical data trend for Lleidanetworks Serveis Telematics'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.

* Premium members only.

Lleidanetworks Serveis Telematics Effective Interest Rate on Debt % Chart

Lleidanetworks Serveis Telematics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 2.42 1.47 1.87 2.21

Lleidanetworks Serveis Telematics Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only 1.64 1.85 1.98 1.50 2.92

Competitive Comparison of Lleidanetworks Serveis Telematics's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Lleidanetworks Serveis Telematics'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.


Lleidanetworks Serveis Telematics's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Lleidanetworks Serveis Telematics's Effective Interest Rate on Debt % distribution charts can be found below:

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



Lleidanetworks Serveis Telematics Effective Interest Rate on Debt % Calculation

Lleidanetworks Serveis Telematics'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  *  -0.198/( (8.93+8.981)/ 2 )
=-1  *  -0.198/8.9555
=2.21 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.742 + 3.188
=8.93

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.492 + 4.489
=8.981

Lleidanetworks Serveis Telematics'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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.262/( (8.975+8.981)/ 2 )
=-1  *  -0.262/8.978
=2.92 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.309 + 3.666
=8.975

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.492 + 4.489
=8.981

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


Lleidanetworks Serveis Telematics  (STU:9TV) Effective Interest Rate on Debt % Explanation

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


Lleidanetworks Serveis Telematics Effective Interest Rate on Debt % Related Terms

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Lleidanetworks Serveis Telematics (STU:9TV) Business Description

Traded in Other Exchanges
Address
No. 42, General lacy, Ground Floor - Local I, Madrid, ESP
Lleidanetworks Serveis Telematics SA offers services as a telecommunications operator. The company provides registered eCommunications, SMS (short message service) solutions, electronic notification, contracting, and data validation services. It serves various industries including banking, call centers, financial services, utilities, real estate, insurance agents and brokers, legal services, temporary employment agencies, and government. Its segment comprises SMS Commercial, SMS Wholesale, and SAAS. The majority of sales by business line is through ICX Wholesale Solutions. Geographically, the majority of revenue is generated nationally.

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