Advance Equity Holding AD Sofia (XBUL:ADVE) Effective Interest Rate on Debt % : 4.54% (As of Sep. 2019)

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What is Advance Equity Holding AD Sofia 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. Advance Equity Holding AD Sofia's annualized positive value of Interest Expense for the quarter that ended in Sep. 2019 was лв0.25 Mil. Advance Equity Holding AD Sofia's average total debt for the quarter that ended in Sep. 2019 was лв5.46 Mil. Therefore, Advance Equity Holding AD Sofia's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 was 4.54%.

Advance Equity Holding AD Sofia Effective Interest Rate on Debt % Historical Data

The historical data trend for Advance Equity Holding AD Sofia'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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Advance Equity Holding AD Sofia Effective Interest Rate on Debt % Chart

Advance Equity Holding AD Sofia Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

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7.49

6.28

6.02

6.01

7.62

Advance Equity Holding AD Sofia Quarterly Data
	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Sep19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-0.51	-4.52	12.46	-	4.54

Competitive Comparison of Advance Equity Holding AD Sofia's Effective Interest Rate on Debt %

For the Asset Management subindustry, Advance Equity Holding AD Sofia'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.

Advance Equity Holding AD Sofia's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advance Equity Holding AD Sofia's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Advance Equity Holding AD Sofia's Effective Interest Rate on Debt % falls into.

Advance Equity Holding AD Sofia Effective Interest Rate on Debt % Calculation

Advance Equity Holding AD Sofia's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -0.442	/	( (7.709	+	3.897)	/ 2 )
=	-1 * -0.442	/	5.803
=	7.62 %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.916	+	3.793
=	7.709

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.971	+	2.926
=	3.897

Advance Equity Holding AD Sofia's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2019 )	+	Total Debt (Q: Sep. 2019 ))	/ count )
=	-1 * -0.248	/	( (5.642	+	5.279)	/ 2 )
=	-1 * -0.248	/	5.4605
=	4.54 %

where

	Total Debt (Q: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.446	+	3.196
=	5.642

	Total Debt (Q: Sep. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.242	+	3.037
=	5.279

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 (Sep. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Advance Equity Holding AD Sofia (XBUL:ADVE) Effective Interest Rate on Debt % Explanation

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

Advance Equity Holding AD Sofia Effective Interest Rate on Debt % Related Terms

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Advance Equity Holding AD Sofia (XBUL:ADVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Advance Equity Holding AD Sofia (XBUL:ADVE) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

Bul. Hristo Botev 57, Sofia, BGR, 1303

Website

http://www.advancequity.bg

Advance Equity Holding AD Sofia is an investment company. The company focuses its investments on new start-up companies that have high growth potential.

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