Water Intelligence (LSE:WATR) Effective Interest Rate on Debt % : 8.05% (As of Jun. 2023)

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What is Water Intelligence 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. Water Intelligence's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was £1.37 Mil. Water Intelligence's average total debt for the quarter that ended in Jun. 2023 was £17.02 Mil. Therefore, Water Intelligence's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 8.05%.

Water Intelligence Effective Interest Rate on Debt % Historical Data

The historical data trend for Water Intelligence'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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Water Intelligence Effective Interest Rate on Debt % Chart

Water Intelligence Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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10.81

13.31

6.30

8.84

10.01

Water Intelligence Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.78	12.43	9.61	7.90	8.05

Competitive Comparison of Water Intelligence's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Water Intelligence'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.

Water Intelligence's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Water Intelligence's Effective Interest Rate on Debt % distribution charts can be found below:

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

Water Intelligence Effective Interest Rate on Debt % Calculation

Water Intelligence'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 * -1.29	/	( (8.65	+	17.122)	/ 2 )
=	-1 * -1.29	/	12.886
=	10.01 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.149	+	2.501
=	8.65

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.59	+	4.532
=	17.122

Water Intelligence's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -1.37	/	( (17.122	+	16.917)	/ 2 )
=	-1 * -1.37	/	17.0195
=	8.05 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.59	+	4.532
=	17.122

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.662	+	5.255
=	16.917

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

Water Intelligence (LSE:WATR) Effective Interest Rate on Debt % Explanation

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

Water Intelligence Effective Interest Rate on Debt % Related Terms

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Water Intelligence (LSE:WATR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Water Intelligence PLC (LSE:WATR) » Definitions » Effective Interest Rate on Debt %

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WTLLF:USA

Address

27-28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.waterintelligence.co.uk

Water Intelligence PLC provides leak detection and remediation services based in the United Kingdom. The company along with its subsidiaries offers a range of solutions and products for residential, commercial, and municipal customers. It generates revenue Franchise royalty income; Franchise-related activities including product and equipment sales, business-to-business sales, and sales of franchises; United States corporate-operated locations; and International corporate-operated locations. The revenues are derived from the American leak detection business.

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