Enel SpA (Enel SpA) Effective Interest Rate on Debt % : 0.49% (As of Dec. 2023)

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What is Enel SpA 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. Enel SpA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $401 Mil. Enel SpA's average total debt for the quarter that ended in Dec. 2023 was $82,147 Mil. Therefore, Enel SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.49%.

Enel SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for Enel SpA'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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Enel SpA Effective Interest Rate on Debt % Chart

Enel SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.41

4.08

3.48

3.18

7.37

Enel SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-27.79	12.35	-6.54	23.33	0.49

Competitive Comparison of Enel SpA's Effective Interest Rate on Debt %

For the Utilities - Diversified subindustry, Enel SpA'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.

Enel SpA's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enel SpA's Effective Interest Rate on Debt % distribution charts can be found below:

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

Enel SpA Effective Interest Rate on Debt % Calculation

Enel SpA'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 * -6505.998	/	( (94722.458	+	81723.01)	/ 2 )
=	-1 * -6505.998	/	88222.734
=	7.37 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	72236.229	+	22486.229
=	94722.458

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	66613.959	+	15109.051
=	81723.01

Enel SpA'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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -401.308	/	( (82570.971	+	81723.01)	/ 2 )
=	-1 * -401.308	/	82146.9905
=	0.49 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	65038.42	+	17532.551
=	82570.971

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	66613.959	+	15109.051
=	81723.01

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.

Enel SpA (OTCPK:ENLAY) Effective Interest Rate on Debt % Explanation

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

Enel SpA Effective Interest Rate on Debt % Related Terms

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Enel SpA (Enel SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Enel SpA (OTCPK:ENLAY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ESOCF:USA ENEL:Italy ENELm:UK 0NRE:UK ENL:Germany ENL:Germany ENLA:Germany ENL:Germany ENEL:Austria

Address

Viale Regina Margherita, 137, Rome, ITA, 00198

Website

https://www.enel.com

Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 50% of the company's EBITDA is derived from its regulated networks. Taking into account power sold through power purchase agreements in Latin America, around 70% of EBITDA is quasi-regulated. Enel is a giant in global power generation with 86 gigawatts of capacity, of which 39 GW is renewables, including a large share of hydro.

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