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Greek Organisation of Football Prognostics (ATH:OPAP) Effective Interest Rate on Debt % : 3.69% (As of Sep. 2023)


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What is Greek Organisation of Football Prognostics 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. Greek Organisation of Football Prognostics's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was €26 Mil. Greek Organisation of Football Prognostics's average total debt for the quarter that ended in Sep. 2023 was €715 Mil. Therefore, Greek Organisation of Football Prognostics's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 3.69%.


Greek Organisation of Football Prognostics Effective Interest Rate on Debt % Historical Data

The historical data trend for Greek Organisation of Football Prognostics'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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Greek Organisation of Football Prognostics Effective Interest Rate on Debt % Chart

Greek Organisation of Football Prognostics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.96 3.41 3.94 4.18 4.24

Greek Organisation of Football Prognostics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.92 2.19 3.98 4.00 3.69

Competitive Comparison of Greek Organisation of Football Prognostics's Effective Interest Rate on Debt %

For the Gambling subindustry, Greek Organisation of Football Prognostics'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.


Greek Organisation of Football Prognostics's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greek Organisation of Football Prognostics's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Greek Organisation of Football Prognostics's Effective Interest Rate on Debt % falls into.



Greek Organisation of Football Prognostics Effective Interest Rate on Debt % Calculation

Greek Organisation of Football Prognostics'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  *  -40.986/( (1097.645+835.506)/ 2 )
=-1  *  -40.986/966.5755
=4.24 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1035.18 + 62.465
=1097.645

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=546.007 + 289.499
=835.506

Greek Organisation of Football Prognostics's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -26.396/( (711.585+717.759)/ 2 )
=-1  *  -26.396/714.672
=3.69 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=669.584 + 42.001
=711.585

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=671.065 + 46.694
=717.759

* 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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Greek Organisation of Football Prognostics  (ATH:OPAP) Effective Interest Rate on Debt % Explanation

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


Greek Organisation of Football Prognostics Effective Interest Rate on Debt % Related Terms

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Greek Organisation of Football Prognostics (ATH:OPAP) Business Description

Address
112 Athinon Avenue, Attica, Athens, GRC, 104 42
Greek Organisation of Football Prognostics SA is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, other online games, instant and passive, Vlts, Telecom and emoney services and others. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.

Greek Organisation of Football Prognostics (ATH:OPAP) Headlines

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