Hoffmann Green Cement Technologies (XPAR:ALHGR) Effective Interest Rate on Debt % : 2.05% (As of Dec. 2023)

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What is Hoffmann Green Cement Technologies 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. Hoffmann Green Cement Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.44 Mil. Hoffmann Green Cement Technologies's average total debt for the quarter that ended in Dec. 2023 was €21.24 Mil. Therefore, Hoffmann Green Cement Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.05%.

Hoffmann Green Cement Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Hoffmann Green Cement Technologies'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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Hoffmann Green Cement Technologies Effective Interest Rate on Debt % Chart

Hoffmann Green Cement Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.81

1.83

1.95

2.18

Hoffmann Green Cement Technologies Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								1.66	1.84	2.13	2.31	2.05

Competitive Comparison of Hoffmann Green Cement Technologies's Effective Interest Rate on Debt %

For the Building Materials subindustry, Hoffmann Green Cement Technologies'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.

Hoffmann Green Cement Technologies's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hoffmann Green Cement Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hoffmann Green Cement Technologies's Effective Interest Rate on Debt % falls into.

Hoffmann Green Cement Technologies Effective Interest Rate on Debt % Calculation

Hoffmann Green Cement Technologies'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 * -0.488	/	( (24.523	+	20.183)	/ 2 )
=	-1 * -0.488	/	22.353
=	2.18 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.605	+	4.918
=	24.523

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.647	+	5.536
=	20.183

Hoffmann Green Cement Technologies'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 * -0.436	/	( (22.297	+	20.183)	/ 2 )
=	-1 * -0.436	/	21.24
=	2.05 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.522	+	4.775
=	22.297

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.647	+	5.536
=	20.183

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.

Hoffmann Green Cement Technologies (XPAR:ALHGR) Effective Interest Rate on Debt % Explanation

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

Hoffmann Green Cement Technologies Effective Interest Rate on Debt % Related Terms

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Hoffmann Green Cement Technologies (XPAR:ALHGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Hoffmann Green Cement Technologies (XPAR:ALHGR) » Definitions » Effective Interest Rate on Debt %

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0VW:Germany

Address

6 rue de la Bretaudiere, Chaille under the Ormeaux, Rives-de-l Yon, FRA, 85310

Website

https://www.ciments-hoffmann.com

Hoffmann Green Cement Technologies is engaged in the production of cement for construction and land use planning.

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