Cellnex Telecom (XMAD:CLNX) Effective Interest Rate on Debt % : 4.39% (As of Mar. 2024)

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What is Cellnex Telecom 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. Cellnex Telecom's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €936 Mil. Cellnex Telecom's average total debt for the quarter that ended in Mar. 2024 was €21,335 Mil. Therefore, Cellnex Telecom's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.39%.

Cellnex Telecom Effective Interest Rate on Debt % Historical Data

The historical data trend for Cellnex Telecom'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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Cellnex Telecom Effective Interest Rate on Debt % Chart

Cellnex Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.21

3.15

3.22

3.26

3.58

Cellnex Telecom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.93	3.74	3.67	4.08	4.39

Competitive Comparison of Cellnex Telecom's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Cellnex Telecom'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.

Cellnex Telecom's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cellnex Telecom's Effective Interest Rate on Debt % distribution charts can be found below:

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

Cellnex Telecom Effective Interest Rate on Debt % Calculation

Cellnex Telecom'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 * -758.063	/	( (20869.443	+	21509.928)	/ 2 )
=	-1 * -758.063	/	21189.6855
=	3.58 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20152.543	+	716.9
=	20869.443

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19911.099	+	1598.829
=	21509.928

Cellnex Telecom's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -936	/	( (21509.928	+	21160)	/ 2 )
=	-1 * -936	/	21334.964
=	4.39 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19911.099	+	1598.829
=	21509.928

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20266	+	894
=	21160

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Cellnex Telecom (XMAD:CLNX) Effective Interest Rate on Debt % Explanation

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

Cellnex Telecom Effective Interest Rate on Debt % Related Terms

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Cellnex Telecom (XMAD:CLNX) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cellnex Telecom SA (XMAD:CLNX) » Definitions » Effective Interest Rate on Debt %

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Address

Passeig Zona Franca, 105, Barcelona, ESP, 08038

Website

https://www.cellnextelecom.com

Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.

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