Abitare In SpA (MIL:ABT) Effective Interest Rate on Debt % : 9.30% (As of Dec. 2023)

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What is Abitare In SpA 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. Abitare In SpA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €7.8 Mil. Abitare In SpA's average total debt for the quarter that ended in Dec. 2023 was €83.4 Mil. Therefore, Abitare In SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.30%.

Abitare In SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for Abitare In SpA'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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Abitare In SpA Effective Interest Rate on Debt % Chart

Abitare In SpA Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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3.42

3.63

3.14

2.96

9.20

Abitare In SpA Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.17	3.05	16.47	13.53	9.30

Competitive Comparison of Abitare In SpA's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Abitare In SpA'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.

Abitare In SpA's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Abitare In SpA's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Abitare In SpA's Effective Interest Rate on Debt % falls into.

Abitare In SpA Effective Interest Rate on Debt % Calculation

Abitare In SpA's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -10.64	/	( (147.8	+	83.44)	/ 2 )
=	-1 * -10.64	/	115.62
=	9.20 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	130.084	+	17.716
=	147.8

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	72.633	+	10.807
=	83.44

Abitare In SpA'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 * -7.756	/	( (83.44	+	0)	/ 1 )
=	-1 * -7.756	/	83.44
=	9.30 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	72.633	+	10.807
=	83.44

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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.

Abitare In SpA (MIL:ABT) Effective Interest Rate on Debt % Explanation

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

Abitare In SpA Effective Interest Rate on Debt % Related Terms

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Abitare In SpA (MIL:ABT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Abitare In SpA (MIL:ABT) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

1BN:Germany

Address

Via degli Olivetani 10/12, Milan, ITA, 20123

Website

https://www.abitareinspa.com

Abitare In SpA is a real estate company. It is engaged in developing and selling real estate units including urban building projects in Milan, Italy. Its projects include Poste and Maggiolina.