Fluxys Belgium (LTS:0Q7U) Effective Interest Rate on Debt % : 6.14% (As of Dec. 2023)

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What is Fluxys Belgium 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. Fluxys Belgium's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €69.8 Mil. Fluxys Belgium's average total debt for the quarter that ended in Dec. 2023 was €1,137.3 Mil. Therefore, Fluxys Belgium's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.14%.

Fluxys Belgium Effective Interest Rate on Debt % Historical Data

The historical data trend for Fluxys Belgium'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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Fluxys Belgium Effective Interest Rate on Debt % Chart

Fluxys Belgium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.00

2.59

3.08

3.39

6.03

Fluxys Belgium 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															3.10	3.05	3.74	5.92	6.14

Competitive Comparison of Fluxys Belgium's Effective Interest Rate on Debt %

For the Oil & Gas Midstream subindustry, Fluxys Belgium'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.

Fluxys Belgium's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fluxys Belgium's Effective Interest Rate on Debt % distribution charts can be found below:

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

Fluxys Belgium Effective Interest Rate on Debt % Calculation

Fluxys Belgium'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 * -69.293	/	( (1172.041	+	1125.647)	/ 2 )
=	-1 * -69.293	/	1148.844
=	6.03 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1115.772	+	56.269
=	1172.041

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1070.311	+	55.336
=	1125.647

Fluxys Belgium'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 * -69.838	/	( (1148.976	+	1125.647)	/ 2 )
=	-1 * -69.838	/	1137.3115
=	6.14 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1087.81	+	61.166
=	1148.976

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1070.311	+	55.336
=	1125.647

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.

Fluxys Belgium (LTS:0Q7U) Effective Interest Rate on Debt % Explanation

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

Fluxys Belgium Effective Interest Rate on Debt % Related Terms

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Fluxys Belgium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Fluxys Belgium SA (LTS:0Q7U) » Definitions » Effective Interest Rate on Debt %

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59FE:Germany FLUX:Belgium

Address

Avenue des Arts 31, Brussels, BEL, B-1040

Website

https://www.fluxys.com

Fluxys Belgium SA is engaged as an operator of the natural gas transmission grid and storage infrastructure in Belgium. The company provides transmission and hub services which include transmitting natural gas to distribution system operators, power stations, and industrial end-users, and also buying and selling on Belgian gas trading places, and storage services which include enabling customers to use buffer capacity according to their use, and LNG terminalling which include loading and unloading LNG carriers, storing LNG, and regasifying it for transmission on the network. Its operating segment includes Transmission; Storage, and Terminalling. The company generates maximum revenue from the Transmission segment.

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