Aquis Exchange (LSE:AQX) Effective Interest Rate on Debt % : 3.17% (As of Dec. 2023)

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What is Aquis Exchange 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. Aquis Exchange's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.10 Mil. Aquis Exchange's average total debt for the quarter that ended in Dec. 2023 was £3.09 Mil. Therefore, Aquis Exchange's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.17%.

Aquis Exchange Effective Interest Rate on Debt % Historical Data

The historical data trend for Aquis Exchange'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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Aquis Exchange Effective Interest Rate on Debt % Chart

Aquis Exchange Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.03

3.84

1.12

1.93

3.23

Aquis Exchange Semi-Annual Data
	Dec15	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											0.70	1.81	1.99	3.28	3.17

Competitive Comparison of Aquis Exchange's Effective Interest Rate on Debt %

For the Financial Data & Stock Exchanges subindustry, Aquis Exchange'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.

Aquis Exchange's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Aquis Exchange's Effective Interest Rate on Debt % distribution charts can be found below:

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

Aquis Exchange Effective Interest Rate on Debt % Calculation

Aquis Exchange'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 * -0.103	/	( (3.398	+	2.984)	/ 2 )
=	-1 * -0.103	/	3.191
=	3.23 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.875	+	0.523
=	3.398

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.457	+	0.527
=	2.984

Aquis Exchange'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 * -0.098	/	( (3.194	+	2.984)	/ 2 )
=	-1 * -0.098	/	3.089
=	3.17 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.667	+	0.527
=	3.194

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.457	+	0.527
=	2.984

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.

Aquis Exchange (LSE:AQX) Effective Interest Rate on Debt % Explanation

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

Aquis Exchange Effective Interest Rate on Debt % Related Terms

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Aquis Exchange (LSE:AQX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Aquis Exchange PLC (LSE:AQX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AQX:UK A9Q:Germany

Address

63 Queen Victoria Street, London, GBR, EC4N 4UA

Website

https://www.aquis.eu

Aquis Exchange PLC is a United Kingdom-based company that engages in cash equities trading exchange. It is authorized and regulated by the UK Financial Conduct Authority to operate a Multilateral Trading Facility. It allows institutional traders to trade stocks from European countries. It has three operating segments Aquis Exchange which operator of MTF and related services, Aquis Stock Exchange for primary listings and trading business, and Aquis Technologies developer of exchange technology and services.

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