Atlantic Grupa dd (ZAG:ATGR) Effective Interest Rate on Debt % : 3.77% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Atlantic Grupa dd 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. Atlantic Grupa dd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €8.6 Mil. Atlantic Grupa dd's average total debt for the quarter that ended in Mar. 2024 was €229.3 Mil. Therefore, Atlantic Grupa dd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.77%.

Atlantic Grupa dd Effective Interest Rate on Debt % Historical Data

The historical data trend for Atlantic Grupa dd'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.

Atlantic Grupa dd Effective Interest Rate on Debt % Chart

Atlantic Grupa dd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.72

2.05

1.82

1.99

3.30

Atlantic Grupa dd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.12	3.02	3.20	4.20	3.77

Competitive Comparison of Atlantic Grupa dd's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Atlantic Grupa dd'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.

Atlantic Grupa dd's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Atlantic Grupa dd's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Atlantic Grupa dd's Effective Interest Rate on Debt % falls into.

Atlantic Grupa dd Effective Interest Rate on Debt % Calculation

Atlantic Grupa dd'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 * -6.06	/	( (144.407	+	222.649)	/ 2 )
=	-1 * -6.06	/	183.528
=	3.30 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	88.57	+	55.837
=	144.407

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	135.706	+	86.943
=	222.649

Atlantic Grupa dd'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: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -8.636	/	( (222.649	+	235.885)	/ 2 )
=	-1 * -8.636	/	229.267
=	3.77 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	135.706	+	86.943
=	222.649

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	147.219	+	88.666
=	235.885

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

Atlantic Grupa dd (ZAG:ATGR) Effective Interest Rate on Debt % Explanation

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

Atlantic Grupa dd Effective Interest Rate on Debt % Related Terms

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

Atlantic Grupa dd (ZAG:ATGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Atlantic Grupa dd (ZAG:ATGR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Miramarska 23, Zagreb, HRV, 10000

Website

https://www.atlanticgrupa.com

Atlantic Grupa dd is a Croatia based company engaged in the production and distribution of fast moving consumer goods. The company's strategic business unit products include coffee, beverages, Savoury Spreads, Snacks, Pharmacy, and Donat. It generates the majority of the revenue from the sales made in the coffee strategic business unit. The company sells its products in Croatia, and internationally of which the majority of the revenue is generated from sales made in Croatia and Serbia.

Atlantic Grupa dd (ZAG:ATGR) Headlines

No Headlines