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CIE CI (XBRV:CIEC) Effective Interest Rate on Debt % : 2.68% (As of Dec. 2023)


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What is CIE CI 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. CIE CI's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was XOF3,607 Mil. CIE CI's average total debt for the quarter that ended in Dec. 2023 was XOF134,629 Mil. Therefore, CIE CI's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.68%.


CIE CI Effective Interest Rate on Debt % Historical Data

The historical data trend for CIE CI'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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CIE CI Effective Interest Rate on Debt % Chart

CIE CI 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 1.56 2.52 1.98 3.07 2.68

CIE CI Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 2.52 1.98 3.07 2.68

Competitive Comparison of CIE CI's Effective Interest Rate on Debt %

For the Utilities - Regulated Electric subindustry, CIE CI'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.


CIE CI's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIE CI's Effective Interest Rate on Debt % distribution charts can be found below:

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


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CIE CI Effective Interest Rate on Debt % Calculation

CIE CI'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  *  -3607/( (113626+155632)/ 2 )
=-1  *  -3607/134629
=2.68 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=63974 + 49652
=113626

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62930 + 92702
=155632

CIE CI'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  *  -3607/( (113626+155632)/ 2 )
=-1  *  -3607/134629
=2.68 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=63974 + 49652
=113626

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62930 + 92702
=155632

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


CIE CI  (XBRV:CIEC) Effective Interest Rate on Debt % Explanation

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


CIE CI Effective Interest Rate on Debt % Related Terms

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CIE CI Business Description

Industry
Traded in Other Exchanges
N/A
Address
1, Avenue Christiani Treichville, Abidjan, CIV, BP 6923
CIE CI is engaged in the production, transportation, export, import, distribution and marketing of electricity across the territory of Cote d'Ivoire, and the sub-west African region.

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