Groupe Tera (XPAR:ALGTR) Effective Interest Rate on Debt % : 5.12% (As of Dec. 2023)

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What is Groupe Tera 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. Groupe Tera's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.53 Mil. Groupe Tera's average total debt for the quarter that ended in Dec. 2023 was €10.31 Mil. Therefore, Groupe Tera's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.12%.

Groupe Tera Effective Interest Rate on Debt % Historical Data

The historical data trend for Groupe Tera'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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Groupe Tera Effective Interest Rate on Debt % Chart

Groupe Tera Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.73

3.93

5.13

3.05

4.41

Groupe Tera 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							3.75	3.42	2.64	3.39	5.12

Competitive Comparison of Groupe Tera's Effective Interest Rate on Debt %

For the Scientific & Technical Instruments subindustry, Groupe Tera'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.

Groupe Tera's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Groupe Tera's Effective Interest Rate on Debt % distribution charts can be found below:

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

Groupe Tera Effective Interest Rate on Debt % Calculation

Groupe Tera'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 * -0.438	/	( (9.889	+	9.958)	/ 2 )
=	-1 * -0.438	/	9.9235
=	4.41 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.897	+	1.992
=	9.889

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.041	+	1.917
=	9.958

Groupe Tera'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 * -0.528	/	( (10.668	+	9.958)	/ 2 )
=	-1 * -0.528	/	10.313
=	5.12 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.143	+	10.525
=	10.668

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.041	+	1.917
=	9.958

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.

Groupe Tera (XPAR:ALGTR) Effective Interest Rate on Debt % Explanation

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

Groupe Tera Effective Interest Rate on Debt % Related Terms

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Groupe Tera (XPAR:ALGTR) Business Description

Industry

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Address

628 Rue Charles De Gaulle, Crolles, FRA, 38920

Website

http://www.groupe-tera.com

Groupe Tera SA is engaged in the field of measuring and monitoring air quality. The group works for the environmental, high technology and health sector to assist with the chemical characterisation of environment. It provides both the design of sensors for measuring the air quality and the laboratory analysis of the pollutants in the ambient air and in industrial discharges.

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