Sanlorenzo SpA (CHIX:SLM) Effective Interest Rate on Debt % : 4.48% (As of Mar. 2024)

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What is Sanlorenzo SpA 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. Sanlorenzo SpA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €3.4 Mil. Sanlorenzo SpA's average total debt for the quarter that ended in Mar. 2024 was €76.0 Mil. Therefore, Sanlorenzo SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.48%.

Sanlorenzo SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for Sanlorenzo SpA'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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Sanlorenzo SpA Effective Interest Rate on Debt % Chart

Sanlorenzo SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.15

1.79

1.05

0.87

1.99

Sanlorenzo SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.41	2.65	2.88	1.14	4.48

Competitive Comparison of Sanlorenzo SpA's Effective Interest Rate on Debt %

For the Recreational Vehicles subindustry, Sanlorenzo SpA'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.

Sanlorenzo SpA's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanlorenzo SpA's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sanlorenzo SpA Effective Interest Rate on Debt % Calculation

Sanlorenzo SpA'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 * -1.751	/	( (100.022	+	76.024)	/ 2 )
=	-1 * -1.751	/	88.023
=	1.99 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	49.259	+	50.763
=	100.022

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.795	+	47.229
=	76.024

Sanlorenzo SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -3.408	/	( (76.024	+	0)	/ 1 )
=	-1 * -3.408	/	76.024
=	4.48 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.795	+	47.229
=	76.024

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sanlorenzo SpA (CHIX:SLm) Effective Interest Rate on Debt % Explanation

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

Sanlorenzo SpA Effective Interest Rate on Debt % Related Terms

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Sanlorenzo SpA (CHIX:SLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sanlorenzo SpA (CHIX:SLm) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SL:Italy 6SZA:Germany

Address

Via Armezzone, 3, Cantieri Navali di Ameglia, Ameglia, ITA, 19031

Website

http://www.sanlorenzoyacht.com

Sanlorenzo SpA is engaged in developing, designing, and building motor yachts. The company operates in three segments: Yacht, Superyacht, and Blue game, of which the majority of its revenue comes from the Yacht segment that designs, manufactures, and markets composite yachts between 24 and 38 meters long, under the Sanlorenzo brand. Its manufacturing activities are carried out through shipyards located in Spezia, Ameglia, Viareggio, and Massa. The company's geographical segments are Italy, Europe (other countries), United States, the Americas (other countries), Asia Pacific, and the Middle East and Africa.