Greenyard NV (XBRU:GREEN) Effective Interest Rate on Debt % : 8.96% (As of Sep. 2023)

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What is Greenyard NV 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. Greenyard NV's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was €54 Mil. Greenyard NV's average total debt for the quarter that ended in Sep. 2023 was €601 Mil. Therefore, Greenyard NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 8.96%.

Greenyard NV Effective Interest Rate on Debt % Historical Data

The historical data trend for Greenyard NV'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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Greenyard NV Effective Interest Rate on Debt % Chart

Greenyard NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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5.65

6.63

5.21

4.24

6.42

Greenyard NV Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.22	4.19	4.54	7.90	8.96

Competitive Comparison of Greenyard NV's Effective Interest Rate on Debt %

For the Food Distribution subindustry, Greenyard NV'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.

Greenyard NV's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Greenyard NV's Effective Interest Rate on Debt % distribution charts can be found below:

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

Greenyard NV Effective Interest Rate on Debt % Calculation

Greenyard NV's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -39.805	/	( (627.236	+	612.71)	/ 2 )
=	-1 * -39.805	/	619.973
=	6.42 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	553.222	+	74.014
=	627.236

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	552.343	+	60.367
=	612.71

Greenyard NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -53.784	/	( (612.71	+	588.369)	/ 2 )
=	-1 * -53.784	/	600.5395
=	8.96 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	552.343	+	60.367
=	612.71

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	527.433	+	60.936
=	588.369

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

Greenyard NV (XBRU:GREEN) Effective Interest Rate on Debt % Explanation

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

Greenyard NV Effective Interest Rate on Debt % Related Terms

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Greenyard NV (XBRU:GREEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Greenyard NV (XBRU:GREEN) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

2P1:Germany

Address

Strijbroek 10, Sint-Katelijne-Waver, BEL, BE-2860

Website

https://www.greenyard.group

Greenyard NV is a Belgium-based company that operates as a processor of field-fresh fruits and vegetables. It produces and supplies food products with a long shelf-life. The company's business is split into two segments, Fresh and Long Fresh. Fresh is mainly active in fresh products, fruit, and vegetables, flowers and plants, and logistics of fresh produce. There are two divisions in the Long Fresh segment, Frozen, and Prepared activities. Produce is frozen immediately after harvesting and preparation. At Prepared, it includes freshly preserved fruit, vegetables, mushrooms, and other ambient food products. The company's majority share of revenue is generated from Fresh products.

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