Grenergy Renovables (XMAD:GRE) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Grenergy Renovables 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. Grenergy Renovables's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.00 Mil. Grenergy Renovables's average total debt for the quarter that ended in Dec. 2023 was €714.11 Mil. Therefore, Grenergy Renovables's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Grenergy Renovables Effective Interest Rate on Debt % Historical Data

The historical data trend for Grenergy Renovables'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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Grenergy Renovables Effective Interest Rate on Debt % Chart

Grenergy Renovables Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.58

2.36

4.04

5.18

5.83

Grenergy Renovables Quarterly Data
	Jun18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.99	5.20	5.15	-	-

Competitive Comparison of Grenergy Renovables's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Grenergy Renovables'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.

Grenergy Renovables's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

Grenergy Renovables Effective Interest Rate on Debt % Calculation

Grenergy Renovables'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 * -34.941	/	( (445.874	+	752.209)	/ 2 )
=	-1 * -34.941	/	599.0415
=	5.83 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	363.533	+	82.341
=	445.874

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	536.55	+	215.659
=	752.209

Grenergy Renovables'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 * 0	/	( (676.017	+	752.209)	/ 2 )
=	-1 * 0	/	714.113
=	0.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	443.679	+	232.338
=	676.017

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	536.55	+	215.659
=	752.209

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.

Grenergy Renovables (XMAD:GRE) Effective Interest Rate on Debt % Explanation

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

Grenergy Renovables Effective Interest Rate on Debt % Related Terms

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Grenergy Renovables (XMAD:GRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grenergy Renovables SA (XMAD:GRE) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

GREe:UK 5GR:Germany

Address

Rafael Boti, 26, Madrid, ESP, 28023

Website

https://www.grenergy.eu

Grenergy Renovables SA is a Spanish Independent Power Producer (IPP) that designs, develops, and executes renewable energy plants on a large scale. Its services are divided into different activities including development; engineering, procurement, construction; financing; operations and maintenance; and asset management. It operates in three divisions: Development and Construction; Energy; and Services. The company holds photovoltaic and wind projects in Chile, Mexico, Peru, Argentina, Colombia, and Spain.

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