Terranta Propriedades Agricolas (BSP:LAND3) Effective Interest Rate on Debt % : 12.62% (As of Mar. 2024)

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What is Terranta Propriedades Agricolas 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. Terranta Propriedades Agricolas's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was R$14.83 Mil. Terranta Propriedades Agricolas's average total debt for the quarter that ended in Mar. 2024 was R$117.50 Mil. Therefore, Terranta Propriedades Agricolas's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 12.62%.

Terranta Propriedades Agricolas Effective Interest Rate on Debt % Historical Data

The historical data trend for Terranta Propriedades Agricolas'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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Terranta Propriedades Agricolas Effective Interest Rate on Debt % Chart

Terranta Propriedades Agricolas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

14.00

42.94

28.55

22.32

Terranta Propriedades Agricolas Quarterly Data
	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											25.01	14.48	15.17	-	12.62

Competitive Comparison of Terranta Propriedades Agricolas's Effective Interest Rate on Debt %

For the Farm Products subindustry, Terranta Propriedades Agricolas'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.

Terranta Propriedades Agricolas's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Terranta Propriedades Agricolas's Effective Interest Rate on Debt % falls into.

Terranta Propriedades Agricolas Effective Interest Rate on Debt % Calculation

Terranta Propriedades Agricolas'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 * -15.645	/	( (29.737	+	110.435)	/ 2 )
=	-1 * -15.645	/	70.086
=	22.32 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	29.737
=	29.737

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	64.772	+	45.663
=	110.435

Terranta Propriedades Agricolas'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 * -14.828	/	( (110.435	+	124.573)	/ 2 )
=	-1 * -14.828	/	117.504
=	12.62 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	64.772	+	45.663
=	110.435

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	63.835	+	60.738
=	124.573

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.

Terranta Propriedades Agricolas (BSP:LAND3) Effective Interest Rate on Debt % Explanation

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

Terranta Propriedades Agricolas Effective Interest Rate on Debt % Related Terms

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Terranta Propriedades Agricolas (BSP:LAND3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Terra Santa Propriedades Agricolas SA (BSP:LAND3) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Praca General Gentil Falcao, 108, 8th Floor - Apt 81 Cidade Moncoes, Sao Paulo, SP, BRA, 04571-150

Website

http://www.terrasantaagro.com

Terra Santa Propriedades Agricolas SA is an agricultural commodities producer focused on the production of soybean, corn, and cotton. It operates several production units located in the Brazilian state, Mato Grosso.

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