Crypto Blockchain Industries (XPAR:ALCBI) Effective Interest Rate on Debt % : 4.60% (As of Mar. 2024)

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What is Crypto Blockchain Industries 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. Crypto Blockchain Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €0.42 Mil. Crypto Blockchain Industries's average total debt for the quarter that ended in Mar. 2024 was €9.17 Mil. Therefore, Crypto Blockchain Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.60%.

Crypto Blockchain Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Crypto Blockchain Industries'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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Crypto Blockchain Industries Effective Interest Rate on Debt % Chart

Crypto Blockchain Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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2.75

4.54

3.39

Crypto Blockchain Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				5.50	8.57	3.45	2.27	4.60

Competitive Comparison of Crypto Blockchain Industries's Effective Interest Rate on Debt %

For the Asset Management subindustry, Crypto Blockchain Industries'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.

Crypto Blockchain Industries's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Crypto Blockchain Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Crypto Blockchain Industries's Effective Interest Rate on Debt % falls into.

Crypto Blockchain Industries Effective Interest Rate on Debt % Calculation

Crypto Blockchain Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -0.273	/	( (4.349	+	11.749)	/ 2 )
=	-1 * -0.273	/	8.049
=	3.39 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.105	+	0.244
=	4.349

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.498	+	0.251
=	11.749

Crypto Blockchain Industries'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: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.422	/	( (6.599	+	11.749)	/ 2 )
=	-1 * -0.422	/	9.174
=	4.60 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.352	+	0.247
=	6.599

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.498	+	0.251
=	11.749

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

Crypto Blockchain Industries (XPAR:ALCBI) Effective Interest Rate on Debt % Explanation

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

Crypto Blockchain Industries Effective Interest Rate on Debt % Related Terms

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Crypto Blockchain Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Crypto Blockchain Industries SA (XPAR:ALCBI) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

7DO0:Germany

Address

164 boulevard Haussmann, Paris, FRA, 75008

Website

https://www.cbicorp.io

Crypto Blockchain Industries SA is a company offering a comprehensive investment approach covering the majority aspects of blockchain.

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