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Candela Invest (XBRU:CAND) Effective Interest Rate on Debt % : 1.72% (As of Jun. 2023)


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What is Candela Invest 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. Candela Invest's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €0.15 Mil. Candela Invest's average total debt for the quarter that ended in Jun. 2023 was €8.85 Mil. Therefore, Candela Invest's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 1.72%.


Candela Invest Effective Interest Rate on Debt % Historical Data

The historical data trend for Candela Invest'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.

Candela Invest Effective Interest Rate on Debt % Chart

Candela Invest Annual Data
Trend Jul10 Jul11 Jul12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.44 0.41 4.68 1.35 0.04

Candela Invest Semi-Annual Data
Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.13 2.80 0.44 -0.38 1.72

Competitive Comparison of Candela Invest's Effective Interest Rate on Debt %

For the Asset Management subindustry, Candela Invest'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.


Candela Invest's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Candela Invest's Effective Interest Rate on Debt % distribution charts can be found below:

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



Candela Invest Effective Interest Rate on Debt % Calculation

Candela Invest's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.003/( (6.291+8.713)/ 2 )
=-1  *  -0.003/7.502
=0.04 %

where

Candela Invest's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -0.152/( (8.713+8.984)/ 2 )
=-1  *  -0.152/8.8485
=1.72 %

where

* 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 (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Candela Invest  (XBRU:CAND) Effective Interest Rate on Debt % Explanation

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


Candela Invest Effective Interest Rate on Debt % Related Terms

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Candela Invest (XBRU:CAND) Business Description

Traded in Other Exchanges
N/A
Address
The Crescent, Lenniksebaan 451 bus 32, Anderlecht, Bruxelles, BEL, 1070
Candela Invest SA is a sector fund company that focuses on the acquisition of industrial lighting sector and production of waterproof luminaires. Its main objective is the acquisition, active management and disposal of potential.

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