Cleanbnb SpA (MIL:CBB) Effective Interest Rate on Debt % : 1.14% (As of Dec. 2023)

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What is Cleanbnb 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. Cleanbnb SpA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.03 Mil. Cleanbnb SpA's average total debt for the quarter that ended in Dec. 2023 was €2.29 Mil. Therefore, Cleanbnb SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.14%.

Cleanbnb SpA Effective Interest Rate on Debt % Historical Data

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

Cleanbnb SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.00

2.06

1.40

1.74

2.30

Cleanbnb SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							1.54	1.52	1.97	3.64	1.14

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

For the Real Estate Services subindustry, Cleanbnb 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.

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

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

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

Cleanbnb SpA Effective Interest Rate on Debt % Calculation

Cleanbnb SpA'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 * -0.066	/	( (3.492	+	2.25)	/ 2 )
=	-1 * -0.066	/	2.871
=	2.30 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.584	+	2.908
=	3.492

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.298	+	1.952
=	2.25

Cleanbnb 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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.026	/	( (2.326	+	2.25)	/ 2 )
=	-1 * -0.026	/	2.288
=	1.14 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.413	+	1.913
=	2.326

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.298	+	1.952
=	2.25

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.

Cleanbnb SpA (MIL:CBB) Effective Interest Rate on Debt % Explanation

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

Cleanbnb SpA Effective Interest Rate on Debt % Related Terms

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Cleanbnb SpA (MIL:CBB) Business Description

Industry

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

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Traded in Other Exchanges

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Address

Via Giuseppe Frua 20, Milano, ITA, 20146

Website

https://www.cleanbnb.net

Cleanbnb SpA is an Italy based company engaged in the management of apartments and holiday homes for short-term rentals. The service offerings of the company include Booking Management, Welcoming guests, Cleaning and Linen, Property management and Bureaucratic Management among others.