Arras Group SpA (MIL:AGU) Effective Interest Rate on Debt % : 8.10% (As of Dec. 2022)

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What is Arras Group 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. Arras Group SpA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was €0.01 Mil. Arras Group SpA's average total debt for the quarter that ended in Dec. 2022 was €0.16 Mil. Therefore, Arras Group SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 8.10%.

Arras Group SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for Arras Group 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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Arras Group SpA Effective Interest Rate on Debt % Chart

Arras Group SpA Annual Data

Trend

Dec21

Dec22

Effective Interest Rate on Debt %

15.00

8.10

Arras Group SpA Semi-Annual Data
	Dec21	Dec22
Effective Interest Rate on Debt %	15.00	8.10

Competitive Comparison of Arras Group SpA's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Arras Group 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.

Arras Group SpA's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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

Arras Group SpA Effective Interest Rate on Debt % Calculation

Arras Group SpA's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.013	/	( (0.02	+	0.301)	/ 2 )
=	-1 * -0.013	/	0.1605
=	8.10 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.02	+	0
=	0.02

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.301	+	0
=	0.301

Arras Group SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2021 )	+	Total Debt (Q: Dec. 2022 ))	/ count )
=	-1 * -0.013	/	( (0.02	+	0.301)	/ 2 )
=	-1 * -0.013	/	0.1605
=	8.10 %

where

	Total Debt (Q: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.02	+	0
=	0.02

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.301	+	0
=	0.301

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 one times the annual (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Arras Group SpA (MIL:AGU) Effective Interest Rate on Debt % Explanation

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

Arras Group SpA Effective Interest Rate on Debt % Related Terms

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Arras Group SpA (MIL:AGU) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

6ZU:Germany

Address

Largo Domodossola 7, Milan, ITA, 20145

Website

https://www.arrasgroupspa.com

Arras Group SpA is a technological real estate development company for second homes, which currently operates in the Sardinian territory (in particular, in the north and south of the island), and is aimed at both Italian and foreign high-income customers. The Real Estate Projects developed by the Group typically arise in prestigious seaside locations in Sardinia, with the possibility of enjoying large internal and external spaces, as usually requested by national and international buyers interested in buying second homes. Its projects include Cannigione Sunrise, I Villini del Poetto, Seaside Costa Paradiso, The Tower Calasetta, Castle View, and others.