Evolution AB (OSTO:EVO) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Evolution AB 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. Evolution AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr0 Mil. Evolution AB's average total debt for the quarter that ended in Mar. 2024 was kr896 Mil. Therefore, Evolution AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Evolution AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Evolution AB'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.

* Premium members only.

Evolution AB Effective Interest Rate on Debt % Chart

Evolution AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.39

2.81

4.77

6.45

6.36

Evolution AB 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															7.22	-	-	-	-

Competitive Comparison of Evolution AB's Effective Interest Rate on Debt %

For the Gambling subindustry, Evolution AB'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.

Evolution AB's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Evolution AB Effective Interest Rate on Debt % Calculation

Evolution AB'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 * -56.053	/	( (874.578	+	888.809)	/ 2 )
=	-1 * -56.053	/	881.6935
=	6.36 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	716.324	+	158.254
=	874.578

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	733.066	+	155.743
=	888.809

Evolution AB'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	/	( (888.809	+	902.229)	/ 2 )
=	-1 * 0	/	895.519
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	733.066	+	155.743
=	888.809

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	738.851	+	163.378
=	902.229

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.

Evolution AB (OSTO:EVO) Effective Interest Rate on Debt % Explanation

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

Evolution AB Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Evolution AB's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Evolution AB (OSTO:EVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Evolution AB (OSTO:EVO) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

EVGGF:USA EVVTY:USA EVO:Mexico EVOs:UK 0RQ6:UK E3G1:Germany

Address

Hamngatan 11, Stockholm, SWE, SE-111 47

Website

https://www.evolution.com

Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.