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Unior Kovaska industrija DD (XLJU:UKIG) Effective Interest Rate on Debt % : 8.33% (As of Dec. 2023)


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What is Unior Kovaska industrija DD 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. Unior Kovaska industrija DD's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €9.6 Mil. Unior Kovaska industrija DD's average total debt for the quarter that ended in Dec. 2023 was €115.8 Mil. Therefore, Unior Kovaska industrija DD's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.33%.


Unior Kovaska industrija DD Effective Interest Rate on Debt % Historical Data

The historical data trend for Unior Kovaska industrija DD'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.

* Premium members only.

Unior Kovaska industrija DD Effective Interest Rate on Debt % Chart

Unior Kovaska industrija DD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 3.15 2.86 2.92 6.71

Unior Kovaska industrija DD Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.80 5.18 6.78 8.07 8.33

Competitive Comparison of Unior Kovaska industrija DD's Effective Interest Rate on Debt %

For the Metal Fabrication subindustry, Unior Kovaska industrija DD'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.


Unior Kovaska industrija DD's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Unior Kovaska industrija DD's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Unior Kovaska industrija DD's Effective Interest Rate on Debt % falls into.



Unior Kovaska industrija DD Effective Interest Rate on Debt % Calculation

Unior Kovaska industrija DD'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  *  -7.582/( (104.468+121.611)/ 2 )
=-1  *  -7.582/113.0395
=6.71 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18.437 + 86.031
=104.468

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=105.243 + 16.368
=121.611

Unior Kovaska industrija DD'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  *  -9.64/( (109.94+121.611)/ 2 )
=-1  *  -9.64/115.7755
=8.33 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=100.625 + 9.315
=109.94

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=105.243 + 16.368
=121.611

* 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.

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.


Unior Kovaska industrija DD  (XLJU:UKIG) Effective Interest Rate on Debt % Explanation

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


Unior Kovaska industrija DD Effective Interest Rate on Debt % Related Terms

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Unior Kovaska industrija DD (XLJU:UKIG) Business Description

Traded in Other Exchanges
N/A
Address
Kovaska cesta 10, Zrece, SVN, 3214
Unior Kovaska industrija DD is a Slovenia-based company engaged in manufacturing forged parts, hand tools, and machine tools. It has five business segments. The Forge Programme segment develops, forges, sinters, and processes products and assemblies for the automotive industry and other buyers. Through the Hand Tools Programme segment, the company applies updated technological findings in the production of hand tools. The Special Machines Programme segment consists of the development and construction of specific-purpose CNC machine tools which are intended for the treatment of steel and aluminium blanks or blanks of other castings. Its other segments include Joint services and Maintenance. The majority of the revenue is derived from the Forge Programme in international countries.

Unior Kovaska industrija DD (XLJU:UKIG) Headlines

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