Vilniaus Baldai AB (STU:UE3) Effective Interest Rate on Debt % : 5.86% (As of Feb. 2024)

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What is Vilniaus Baldai 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. Vilniaus Baldai AB's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was €2.3 Mil. Vilniaus Baldai AB's average total debt for the quarter that ended in Feb. 2024 was €38.8 Mil. Therefore, Vilniaus Baldai AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 5.86%.

Vilniaus Baldai AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Vilniaus Baldai 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.

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Vilniaus Baldai AB Effective Interest Rate on Debt % Chart

Vilniaus Baldai AB Annual Data

Trend

Dec13

Dec14

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Effective Interest Rate on Debt %

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0.62

0.84

3.40

4.04

5.87

Vilniaus Baldai AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.41	6.36	6.29	7.31	5.86

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

For the Furnishings, Fixtures & Appliances subindustry, Vilniaus Baldai 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.

Vilniaus Baldai AB's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vilniaus Baldai AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Vilniaus Baldai AB Effective Interest Rate on Debt % Calculation

Vilniaus Baldai AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2022 )	+	Total Debt (A: Aug. 2023 ))	/ count )
=	-1 * -2.41	/	( (41.294	+	40.754)	/ 2 )
=	-1 * -2.41	/	41.024
=	5.87 %

where

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35.843	+	5.451
=	41.294

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.076	+	6.678
=	40.754

Vilniaus Baldai AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -2.272	/	( (39.746	+	37.831)	/ 2 )
=	-1 * -2.272	/	38.7885
=	5.86 %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.13	+	5.616
=	39.746

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	33.963	+	3.868
=	37.831

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

Vilniaus Baldai AB (STU:UE3) Effective Interest Rate on Debt % Explanation

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

Vilniaus Baldai AB Effective Interest Rate on Debt % Related Terms

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Vilniaus Baldai AB (STU:UE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Vilniaus Baldai AB (STU:UE3) » Definitions » Effective Interest Rate on Debt %

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VBL1L:Lithuania

Address

Pramones street 23, Guopstu k., Traku r., Vilnius, LTU, 21148

Website

https://www.vilniausbaldai.lt

Vilniaus Baldai AB is a Lithuania-based manufacturer of lightweight construction cabinet furniture. It operates in one segment that is furniture which includes sales of raw materials and finished production. It derives the majority of its revenue from the sale of furniture in the European Union countries followed by non-European Union countries and Lithuania.

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