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Paran Solar Lighting AB (XSAT:PARA BTA) Effective Interest Rate on Debt % : 9.88% (As of Mar. 2021)


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What is Paran Solar Lighting AB 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. Paran Solar Lighting AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2021 was kr0.06 Mil. Paran Solar Lighting AB's average total debt for the quarter that ended in Mar. 2021 was kr0.57 Mil. Therefore, Paran Solar Lighting AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2021 was 9.88%.


Paran Solar Lighting AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Paran Solar Lighting AB'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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Paran Solar Lighting AB Effective Interest Rate on Debt % Chart

Paran Solar Lighting AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.06 16.80 7.39 16.86

Paran Solar Lighting AB Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.49 - - 48.68 9.88

Competitive Comparison of Paran Solar Lighting AB's Effective Interest Rate on Debt %

For the Solar subindustry, Paran Solar Lighting AB'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.


Paran Solar Lighting AB's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Paran Solar Lighting AB's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Paran Solar Lighting AB's Effective Interest Rate on Debt % falls into.


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Paran Solar Lighting AB Effective Interest Rate on Debt % Calculation

Paran Solar Lighting AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -0.357/( (3.667+0.567)/ 2 )
=-1  *  -0.357/2.117
=16.86 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.467 + 3.2
=3.667

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.367 + 0.2
=0.567

Paran Solar Lighting AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2020 )+Total Debt  (Q: Mar. 2021 ))/ count )
=-1  *  -0.056/( (0.567+0)/ 1 )
=-1  *  -0.056/0.567
=9.88 %

where

Total Debt  (Q: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.367 + 0.2
=0.567

* 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.

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. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Paran Solar Lighting AB  (XSAT:PARA BTA) Effective Interest Rate on Debt % Explanation

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


Paran Solar Lighting AB Effective Interest Rate on Debt % Related Terms

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Paran Solar Lighting AB Business Description

Traded in Other Exchanges
N/A
Address
Kampegatan 4C, Goteborg, SWE, 41104
Parans Solar Lighting AB is engaged in the development and sale of an environmental system that makes natural light available to indoor environments. Its products include receivers, cables, and luminaires.

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