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ENAV SpA (STU:ENV) Effective Interest Rate on Debt % : 5.97% (As of Mar. 2024)


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What is ENAV SpA 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. ENAV SpA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €24.7 Mil. ENAV SpA's average total debt for the quarter that ended in Mar. 2024 was €414.3 Mil. Therefore, ENAV SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.97%.


ENAV SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for ENAV SpA'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.

ENAV SpA Effective Interest Rate on Debt % Chart

ENAV SpA 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 1.95 1.63 1.11 1.61 4.13

ENAV SpA 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 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 Premium Member Only Premium Member Only 2.34 4.50 5.61 5.93 5.97

Competitive Comparison of ENAV SpA's Effective Interest Rate on Debt %

For the Airports & Air Services subindustry, ENAV SpA'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.


ENAV SpA's Effective Interest Rate on Debt % Distribution in the Transportation Industry

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

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



ENAV SpA Effective Interest Rate on Debt % Calculation

ENAV SpA'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  *  -23.328/( (601.325+528.084)/ 2 )
=-1  *  -23.328/564.7045
=4.13 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=167.664 + 433.661
=601.325

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=505.876 + 22.208
=528.084

ENAV SpA'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  *  -24.728/( (528.084+300.614)/ 2 )
=-1  *  -24.728/414.349
=5.97 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=505.876 + 22.208
=528.084

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=300.614 + 0
=300.614

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


ENAV SpA  (STU:ENV) Effective Interest Rate on Debt % Explanation

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


ENAV SpA Effective Interest Rate on Debt % Related Terms

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ENAV SpA (STU:ENV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ENAV SpA (STU:ENV) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
Via Salaria 716, Rome, ITA, 00138
ENAV SpA is an air traffic controlling firm. The company's operating segment includes Air navigation services, Maintenance services and AIM software solutions. It generates maximum revenue from the Flight assistance services segment. Geographically, it derives a majority of revenue from Italy.