CNTEE Transelectrica (BSE:TEL) Effective Interest Rate on Debt % : 16.34% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is CNTEE Transelectrica 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. CNTEE Transelectrica's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was lei15 Mil. CNTEE Transelectrica's average total debt for the quarter that ended in Dec. 2023 was lei91 Mil. Therefore, CNTEE Transelectrica's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 16.34%.

CNTEE Transelectrica Effective Interest Rate on Debt % Historical Data

The historical data trend for CNTEE Transelectrica'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.

CNTEE Transelectrica Effective Interest Rate on Debt % Chart

CNTEE Transelectrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.30

5.69

10.13

6.81

7.69

CNTEE Transelectrica Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															17.90	5.26	5.04	3.63	16.34

Competitive Comparison of CNTEE Transelectrica's Effective Interest Rate on Debt %

For the Utilities - Regulated Electric subindustry, CNTEE Transelectrica'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.

CNTEE Transelectrica's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

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

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

CNTEE Transelectrica Effective Interest Rate on Debt % Calculation

CNTEE Transelectrica'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 * -9.94	/	( (178.628	+	79.832)	/ 2 )
=	-1 * -9.94	/	129.23
=	7.69 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.537	+	107.091
=	178.628

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.979	+	40.853
=	79.832

CNTEE Transelectrica'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 * -14.794	/	( (101.287	+	79.832)	/ 2 )
=	-1 * -14.794	/	90.5595
=	16.34 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	56.375	+	44.912
=	101.287

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.979	+	40.853
=	79.832

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.

CNTEE Transelectrica (BSE:TEL) Effective Interest Rate on Debt % Explanation

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

CNTEE Transelectrica Effective Interest Rate on Debt % Related Terms

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

CNTEE Transelectrica (BSE:TEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CNTEE Transelectrica (BSE:TEL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4, Olteni Street, Bucharest, ROU, 030786

Website

https://www.transelectrica.ro

CNTEE Transelectrica is a utility service provider in Romania. Its main business involves electricity transmission and dispatching, distribution, and hydro and thermal generation. It is the commercial operator of the electricity market, which involves trading platforms. It is also a metering operator of the wholesale electricity market and a provider of telecommunication and IT-related services.