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Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Effective Interest Rate on Debt % : 13.80% (As of Dec. 2023)


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What is Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi 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. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₺160 Mil. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's average total debt for the quarter that ended in Dec. 2023 was ₺1,157 Mil. Therefore, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 13.80%.


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Effective Interest Rate on Debt % Historical Data

The historical data trend for Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Effective Interest Rate on Debt % Chart

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
17.03 9.28 7.30 13.40 12.73

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 29.51 10.46 11.23 21.35 13.80

Competitive Comparison of Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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.


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Effective Interest Rate on Debt % falls into.



Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Effective Interest Rate on Debt % Calculation

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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  *  -114.954/( (638.849+1167.532)/ 2 )
=-1  *  -114.954/903.1905
=12.73 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=303.972 + 334.877
=638.849

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=877.864 + 289.668
=1167.532

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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  *  -159.68/( (1147.206+1167.532)/ 2 )
=-1  *  -159.68/1157.369
=13.80 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=711.699 + 435.507
=1147.206

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=877.864 + 289.668
=1167.532

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi  (IST:EUREN) Effective Interest Rate on Debt % Explanation

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


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Effective Interest Rate on Debt % Related Terms

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Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Business Description

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Traded in Other Exchanges
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Address
Organize Sanayi Bolgesi Sehitler Bulvari No: 33, Eskisehir, TUR
Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi manufactures building materials. The company offers sheets, panels, PVC windows, and doors, Refrigerator Glasses, Oven Glasses, and Furniture Glasses.

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