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Greenvolt - Energias Renovaveis (XLIS:GVOLT) Effective Interest Rate on Debt % : 4.76% (As of Dec. 2023)


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What is Greenvolt - Energias Renovaveis 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. Greenvolt - Energias Renovaveis's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €60.3 Mil. Greenvolt - Energias Renovaveis's average total debt for the quarter that ended in Dec. 2023 was €1,266.4 Mil. Therefore, Greenvolt - Energias Renovaveis's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.76%.


Greenvolt - Energias Renovaveis Effective Interest Rate on Debt % Historical Data

The historical data trend for Greenvolt - Energias Renovaveis'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.

Greenvolt - Energias Renovaveis Effective Interest Rate on Debt % Chart

Greenvolt - Energias Renovaveis Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 1.55 1.52 2.26 2.92 4.89

Greenvolt - Energias Renovaveis Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only 3.18 5.52 11.65 -2.28 4.76

Competitive Comparison of Greenvolt - Energias Renovaveis's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Greenvolt - Energias Renovaveis'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.


Greenvolt - Energias Renovaveis's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Greenvolt - Energias Renovaveis's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Greenvolt - Energias Renovaveis's Effective Interest Rate on Debt % falls into.



Greenvolt - Energias Renovaveis Effective Interest Rate on Debt % Calculation

Greenvolt - Energias Renovaveis'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  *  -53.243/( (828.726+1350.938)/ 2 )
=-1  *  -53.243/1089.832
=4.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=711.6 + 117.126
=828.726

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1007.572 + 343.366
=1350.938

Greenvolt - Energias Renovaveis'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -60.276/( (1181.931+1350.938)/ 2 )
=-1  *  -60.276/1266.4345
=4.76 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1016.387 + 165.544
=1181.931

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1007.572 + 343.366
=1350.938

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


Greenvolt - Energias Renovaveis  (XLIS:GVOLT) Effective Interest Rate on Debt % Explanation

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


Greenvolt - Energias Renovaveis Effective Interest Rate on Debt % Related Terms

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Greenvolt - Energias Renovaveis (XLIS:GVOLT) Business Description

Traded in Other Exchanges
Address
Rua Manuel Pinto de Azevedo 818, Porto, PRT, PT-4100-320
Greenvolt - Energias Renovaveis SA is specialized in the production of electricity from renewable energy sources. It has three operating segments. Biomass & Structure has five energy production plants through forest biomass in Portugal, the costs of the corporate structure of Greenvolt, and the plant in Tilbury. The development of Solar & wind energy includes the activities of development, construction, & exploration of photovoltaic & wind energy, with the subsidiaries Greenvolt Power & Sustainable Energy One being the main contributors to the segment. Distributed generation includes the contributions from subsidiaries Greenvolt Next Portugal, Greenvolt Next Portugal II Invest, Perfecta Energía, Greenvolt Comunidades, & Univergy. The key revenue is from the biomass & structure segment.

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