Globaltrans Investment (LSE:GLTR) Effective Interest Rate on Debt % : 9.92% (As of Dec. 2023)

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What is Globaltrans Investment 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. Globaltrans Investment's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $25 Mil. Globaltrans Investment's average total debt for the quarter that ended in Dec. 2023 was $248 Mil. Therefore, Globaltrans Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.92%.

Globaltrans Investment Effective Interest Rate on Debt % Historical Data

The historical data trend for Globaltrans Investment'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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Globaltrans Investment Effective Interest Rate on Debt % Chart

Globaltrans Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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9.15

6.96

6.99

9.35

8.72

Globaltrans Investment Semi-Annual Data
	Jun14	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															7.23	9.57	7.81	9.15	9.92

Competitive Comparison of Globaltrans Investment's Effective Interest Rate on Debt %

For the Railroads subindustry, Globaltrans Investment'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.

Globaltrans Investment's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Globaltrans Investment's Effective Interest Rate on Debt % distribution charts can be found below:

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

Globaltrans Investment Effective Interest Rate on Debt % Calculation

Globaltrans Investment'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 * -26.634	/	( (405.939	+	204.735)	/ 2 )
=	-1 * -26.634	/	305.337
=	8.72 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	177.243	+	228.696
=	405.939

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	94.875	+	109.86
=	204.735

Globaltrans Investment'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 * -24.598	/	( (291.042	+	204.735)	/ 2 )
=	-1 * -24.598	/	247.8885
=	9.92 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	136.54	+	154.502
=	291.042

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	94.875	+	109.86
=	204.735

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.

Globaltrans Investment (LSE:GLTR) Effective Interest Rate on Debt % Explanation

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

Globaltrans Investment Effective Interest Rate on Debt % Related Terms

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Globaltrans Investment (LSE:GLTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globaltrans Investment PLC (LSE:GLTR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nizhnyay? Krasnoselskaya Street 39, Building 1, Moscow, RUS

Website

https://www.globaltrans.com

Globaltrans Investment PLC is a Cyprus-based holding company. It is engaged in providing railway transportation services using own and leased rolling stock as well as the fleet engaged from third party rail operators, operating lease of rolling stock and freight forwarding (agency) services to the freight logistics sector in Russia, the CIS, and the Baltic countries. The company operates in segments including Gondola cars, Rail tank cars, and Other railcars. It generates maximum revenue from the Gondola cars segment. Geographically, it derives a majority of its revenue from Russia.

Globaltrans Investment (LSE:GLTR) Headlines

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