Aqua Metals (FRA:AQK) Effective Interest Rate on Debt % : 12.94% (As of Mar. 2024)

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What is Aqua Metals 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. Aqua Metals's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €0.39 Mil. Aqua Metals's average total debt for the quarter that ended in Mar. 2024 was €3.03 Mil. Therefore, Aqua Metals's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 12.94%.

Aqua Metals Effective Interest Rate on Debt % Historical Data

The historical data trend for Aqua Metals'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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Aqua Metals Effective Interest Rate on Debt % Chart

Aqua Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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30.20

26.42

2.35

3.49

12.53

Aqua Metals 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															8.83	15.86	10.57	12.42	12.94

Competitive Comparison of Aqua Metals's Effective Interest Rate on Debt %

For the Waste Management subindustry, Aqua Metals'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.

Aqua Metals's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Aqua Metals's Effective Interest Rate on Debt % distribution charts can be found below:

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

Aqua Metals Effective Interest Rate on Debt % Calculation

Aqua Metals'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 * -0.569	/	( (6.118	+	2.964)	/ 2 )
=	-1 * -0.569	/	4.541
=	12.53 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.26	+	5.858
=	6.118

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.68	+	0.284
=	2.964

Aqua Metals'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 * -0.392	/	( (2.964	+	3.097)	/ 2 )
=	-1 * -0.392	/	3.0305
=	12.94 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.68	+	0.284
=	2.964

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.132	+	2.965
=	3.097

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.

Aqua Metals (FRA:AQK) Effective Interest Rate on Debt % Explanation

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

Aqua Metals Effective Interest Rate on Debt % Related Terms

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Aqua Metals (FRA:AQK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Aqua Metals Inc (FRA:AQK) » Definitions » Effective Interest Rate on Debt %

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AQMS:USA

Address

5370 Kietzke Lane, Suite 201, Reno, NV, USA, 89511

Website

https://www.aquametals.com

Aqua Metals Inc is a United States-based company engaged in the business of recycling Lead through a novel, proprietary and patent-pending process that it developed and named AquaRefining. The company's breakthrough, AquaRefining, delivers a product, at a higher yield, eliminates toxic waste, reduces permitting and is less expensive to build than smelting. AquaRefining process will provide for the recycling of Lead acid batteries and the production of a pure grade Lead with a significantly lower cost of production, and with fewer environmental and regulatory issues, than conventional methods of Lead production.

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