Lion E-Mobility AG (XTER:LMIA) Effective Interest Rate on Debt % : 3.33% (As of Dec. 2022)

View and export this data going back to 2011. Start your Free Trial

What is Lion E-Mobility AG 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. Lion E-Mobility AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was €0.14 Mil. Lion E-Mobility AG's average total debt for the quarter that ended in Dec. 2022 was €4.27 Mil. Therefore, Lion E-Mobility AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 3.33%.

Lion E-Mobility AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Lion E-Mobility AG'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.

Lion E-Mobility AG Effective Interest Rate on Debt % Chart

Lion E-Mobility AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

17.61

11.42

10.64

5.17

3.33

Lion E-Mobility AG Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						17.61	11.42	10.64	5.17	3.33

Competitive Comparison of Lion E-Mobility AG's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Lion E-Mobility AG'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.

Lion E-Mobility AG's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lion E-Mobility AG's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lion E-Mobility AG's Effective Interest Rate on Debt % falls into.

Lion E-Mobility AG Effective Interest Rate on Debt % Calculation

Lion E-Mobility AG'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 * -0.142	/	( (1.065	+	7.471)	/ 2 )
=	-1 * -0.142	/	4.268
=	3.33 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.473	+	0.592
=	1.065

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.156	+	6.315
=	7.471

Lion E-Mobility AG'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 * -0.142	/	( (1.065	+	7.471)	/ 2 )
=	-1 * -0.142	/	4.268
=	3.33 %

where

	Total Debt (Q: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.473	+	0.592
=	1.065

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.156	+	6.315
=	7.471

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.

Lion E-Mobility AG (XTER:LMIA) Effective Interest Rate on Debt % Explanation

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

Lion E-Mobility AG Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Lion E-Mobility AG's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lion E-Mobility AG (XTER:LMIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lion E-Mobility AG (XTER:LMIA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

LMI:Germany LMIA:Germany

Address

Lindenstrasse 16, Baar, CHE, 6340

Website

https://www.lionemobility.com

Lion E-Mobility AG is engaged in the field of electrical energy storage and lithium-ion battery technology. The main business activities are carried out within the subsidiary LION Smart GmbH, which develops and sells battery packs and battery management systems, and its associate TUV SUD Battery Testing GmbH, which tests and certifies storage systems for electrical energy.