Enerside Energy (XMAD:ENRS) Effective Interest Rate on Debt % : 14.65% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Enerside Energy 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. Enerside Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €5.78 Mil. Enerside Energy's average total debt for the quarter that ended in Dec. 2023 was €39.44 Mil. Therefore, Enerside Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 14.65%.

Enerside Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Enerside Energy'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.

Enerside Energy Effective Interest Rate on Debt % Chart

Enerside Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.90

4.86

6.54

3.53

12.73

Enerside Energy Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				9.45	9.05	4.48	9.62	14.65

Competitive Comparison of Enerside Energy's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Enerside Energy'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.

Enerside Energy's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Enerside Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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

Enerside Energy Effective Interest Rate on Debt % Calculation

Enerside Energy'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 * -4.427	/	( (27.336	+	42.235)	/ 2 )
=	-1 * -4.427	/	34.7855
=	12.73 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.831	+	9.505
=	27.336

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.203	+	19.032
=	42.235

Enerside Energy'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -5.778	/	( (36.642	+	42.235)	/ 2 )
=	-1 * -5.778	/	39.4385
=	14.65 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.554	+	11.088
=	36.642

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23.203	+	19.032
=	42.235

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

Enerside Energy (XMAD:ENRS) Effective Interest Rate on Debt % Explanation

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

Enerside Energy Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Enerside Energy's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Enerside Energy (XMAD:ENRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Enerside Energy SA (XMAD:ENRS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

9O8:Germany

Address

Carrer Tuset 3, 3, Barcelona, ESP, 08006

Website

https://www.enerside.com

Enerside Energy SA is engaged in the development, construction, and maintenance of renewable energy projects. The company has solar photovoltaic generation projects for industrial clients in Europe and Latin America.

Enerside Energy (XMAD:ENRS) Headlines

No Headlines