Eneco Refresh (ASX:ERG) Effective Interest Rate on Debt % : 4.26% (As of Dec. 2023)

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What is Eneco Refresh 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. Eneco Refresh's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.13 Mil. Eneco Refresh's average total debt for the quarter that ended in Dec. 2023 was A$3.00 Mil. Therefore, Eneco Refresh's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.26%.

Eneco Refresh Effective Interest Rate on Debt % Historical Data

The historical data trend for Eneco Refresh'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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Eneco Refresh Effective Interest Rate on Debt % Chart

Eneco Refresh Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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7.40

2.25

7.02

0.06

3.19

Eneco Refresh Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.52	-5.18	0.44	6.24	4.26

Competitive Comparison of Eneco Refresh's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, Eneco Refresh'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.

Eneco Refresh's Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Eneco Refresh's Effective Interest Rate on Debt % distribution charts can be found below:

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

Eneco Refresh Effective Interest Rate on Debt % Calculation

Eneco Refresh's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -0.081	/	( (2.883	+	2.2)	/ 2 )
=	-1 * -0.081	/	2.5415
=	3.19 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.2	+	0.683
=	2.883

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.821	+	0.379
=	2.2

Eneco Refresh'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 * -0.128	/	( (2.2	+	3.803)	/ 2 )
=	-1 * -0.128	/	3.0015
=	4.26 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.821	+	0.379
=	2.2

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.31	+	0.493
=	3.803

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.

Eneco Refresh (ASX:ERG) Effective Interest Rate on Debt % Explanation

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

Eneco Refresh Effective Interest Rate on Debt % Related Terms

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Eneco Refresh (ASX:ERG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Eneco Refresh Ltd (ASX:ERG) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

17 Denninup Way, Malaga, Perth, WA, AUS, 6090

Website

https://www.eneco-refresh.com.au

Eneco Refresh Ltd is engaged in the production and distribution of bottled water and accessories. The company is also the producer of distilled drinking water and also distributes filtration systems and water purifiers. It also markets a broad range of plastic products including containers and jars, bottles, gardening products, automotive parts, and toys.

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