FLOWSPARKS NV (XBRU:FLSP) Effective Interest Rate on Debt % : 9.29% (As of Dec. 2023)

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What is FLOWSPARKS NV 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. FLOWSPARKS NV's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.01 Mil. FLOWSPARKS NV's average total debt for the quarter that ended in Dec. 2023 was €0.14 Mil. Therefore, FLOWSPARKS NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.29%.

FLOWSPARKS NV Effective Interest Rate on Debt % Historical Data

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

FLOWSPARKS NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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15.24

3.69

5.60

9.62

9.29

FLOWSPARKS NV Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												15.24	3.69	5.60	9.62	9.29

Competitive Comparison of FLOWSPARKS NV's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, FLOWSPARKS NV'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.

FLOWSPARKS NV's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, FLOWSPARKS NV's Effective Interest Rate on Debt % distribution charts can be found below:

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

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FLOWSPARKS NV Effective Interest Rate on Debt % Calculation

FLOWSPARKS NV'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 * -0.013	/	( (0.14	+	0)	/ 1 )
=	-1 * -0.013	/	0.14
=	9.29 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.14	+	0
=	0.14

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

FLOWSPARKS NV'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: Dec. 2022 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.013	/	( (0.14	+	0)	/ 1 )
=	-1 * -0.013	/	0.14
=	9.29 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.14	+	0
=	0.14

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

FLOWSPARKS NV (XBRU:FLSP) Effective Interest Rate on Debt % Explanation

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

FLOWSPARKS NV Effective Interest Rate on Debt % Related Terms

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FLOWSPARKS NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » FLOWSPARKS NV (XBRU:FLSP) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Ottergemsesteenweg- Zuid 808, PO Box B545, Ghent, BEL, 9000

Website

https://www.flowsparks.com

FLOWSPARKS NV is engaged in providing online educational services. The company provides SaaS solutions. It enables any content creator to design content based on its didactical templates, and use the output as a draft instead of starting from scratch. The company is designed to address the challenges faced by larger organizations, such as decentralizing content creation, easily creating and maintaining multilingual content, and seamlessly integrating with any standard HR tool. The company generates the majority of its revenue from SaaS-licences.