Akiles SE (XMAD:AKI) Effective Interest Rate on Debt % : 7.45% (As of Dec. 2019)

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What is Akiles SE 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. Akiles SE's annualized positive value of Interest Expense for the quarter that ended in Dec. 2019 was €2.03 Mil. Akiles SE's average total debt for the quarter that ended in Dec. 2019 was €27.18 Mil. Therefore, Akiles SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 was 7.45%.

Akiles SE Effective Interest Rate on Debt % Historical Data

The historical data trend for Akiles SE'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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Akiles SE Effective Interest Rate on Debt % Chart

Akiles SE Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Effective Interest Rate on Debt %

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2.74

5.27

8.29

9.30

7.75

Akiles SE Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										7.69	10.47	6.86	7.64	7.45

Competitive Comparison of Akiles SE's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Akiles SE'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.

Akiles SE's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Akiles SE's Effective Interest Rate on Debt % distribution charts can be found below:

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

Akiles SE Effective Interest Rate on Debt % Calculation

Akiles SE's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2018 )	+	Total Debt (A: Dec. 2019 ))	/ count )
=	-1 * -2.037	/	( (25.921	+	26.658)	/ 2 )
=	-1 * -2.037	/	26.2895
=	7.75 %

where

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.898	+	10.023
=	25.921

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.754	+	25.904
=	26.658

Akiles SE's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2019 )	+	Total Debt (Q: Dec. 2019 ))	/ count )
=	-1 * -2.026	/	( (27.703	+	26.658)	/ 2 )
=	-1 * -2.026	/	27.1805
=	7.45 %

where

	Total Debt (Q: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.624	+	14.079
=	27.703

	Total Debt (Q: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.754	+	25.904
=	26.658

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

Akiles SE (XMAD:AKI) Effective Interest Rate on Debt % Explanation

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

Akiles SE Effective Interest Rate on Debt % Related Terms

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Akiles SE (XMAD:AKI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Akiles Corp SE (XMAD:AKI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

49 Bulgaria Boulevard, Floor 11-12, Sofia, BGR, 1404

Website

https://www.akiles.eu

Akiles Corp SE is primarily involved in the two business areas namely Infrastructure and Utilities sector and Tourism sector. The Company operates mainly in the Balkans, Spain, and Greece.

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