Parlem Telecom Companyia De Telecomunicacions (XMAD:PAR) Effective Interest Rate on Debt % : 10.26% (As of Dec. 2023)

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What is Parlem Telecom Companyia De Telecomunicacions 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. Parlem Telecom Companyia De Telecomunicacions's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €2.83 Mil. Parlem Telecom Companyia De Telecomunicacions's average total debt for the quarter that ended in Dec. 2023 was €27.63 Mil. Therefore, Parlem Telecom Companyia De Telecomunicacions's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 10.26%.

Parlem Telecom Companyia De Telecomunicacions Effective Interest Rate on Debt % Historical Data

The historical data trend for Parlem Telecom Companyia De Telecomunicacions'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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Parlem Telecom Companyia De Telecomunicacions Effective Interest Rate on Debt % Chart

Parlem Telecom Companyia De Telecomunicacions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

32.11

23.55

12.58

4.21

9.99

Parlem Telecom Companyia De Telecomunicacions Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				11.10	4.84	4.32	8.68	10.26

Competitive Comparison of Parlem Telecom Companyia De Telecomunicacions's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Parlem Telecom Companyia De Telecomunicacions'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.

Parlem Telecom Companyia De Telecomunicacions's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Parlem Telecom Companyia De Telecomunicacions's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Parlem Telecom Companyia De Telecomunicacions's Effective Interest Rate on Debt % falls into.

Parlem Telecom Companyia De Telecomunicacions Effective Interest Rate on Debt % Calculation

Parlem Telecom Companyia De Telecomunicacions'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 * -2.489	/	( (21.966	+	27.848)	/ 2 )
=	-1 * -2.489	/	24.907
=	9.99 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.463	+	2.503
=	21.966

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.34	+	6.508
=	27.848

Parlem Telecom Companyia De Telecomunicacions'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 * -2.834	/	( (27.415	+	27.848)	/ 2 )
=	-1 * -2.834	/	27.6315
=	10.26 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22.671	+	4.744
=	27.415

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.34	+	6.508
=	27.848

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.

Parlem Telecom Companyia De Telecomunicacions (XMAD:PAR) Effective Interest Rate on Debt % Explanation

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

Parlem Telecom Companyia De Telecomunicacions Effective Interest Rate on Debt % Related Terms

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Parlem Telecom Companyia De Telecomunicacions (XMAD:PAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Parlem Telecom Companyia De Telecomunicacions SA (XMAD:PAR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

4HW:Germany

Address

C/ Alaba, 61, 2n, 1a, Barcelona, ESP, 08005

Website

https://www.parlem.com

Parlem Telecom Companyia De Telecomunicacions SA is the telecommunications operator. It offers comprehensive mobile, internet, landline and television services and aspires to provide service to customers in any corner of the world to both individuals and companies.