Alcomet AD (XBUL:ALCM) Effective Interest Rate on Debt % : 1.49% (As of Dec. 2022)

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What is Alcomet AD 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. Alcomet AD's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was лв2.6 Mil. Alcomet AD's average total debt for the quarter that ended in Dec. 2022 was лв175.2 Mil. Therefore, Alcomet AD's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 1.49%.

Alcomet AD Effective Interest Rate on Debt % Historical Data

The historical data trend for Alcomet AD'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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Alcomet AD Effective Interest Rate on Debt % Chart

Alcomet AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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1.38

0.95

1.00

1.23

1.49

Alcomet AD Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial											1.38	0.95	1.00	1.23	1.49

Competitive Comparison of Alcomet AD's Effective Interest Rate on Debt %

For the Aluminum subindustry, Alcomet AD'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.

Alcomet AD's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcomet AD's Effective Interest Rate on Debt % distribution charts can be found below:

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

Alcomet AD Effective Interest Rate on Debt % Calculation

Alcomet AD'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 * -2.603	/	( (190.145	+	160.174)	/ 2 )
=	-1 * -2.603	/	175.1595
=	1.49 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	44.352	+	145.793
=	190.145

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.875	+	119.299
=	160.174

Alcomet AD's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2021 )	+	Total Debt (Q: Dec. 2022 ))	/ count )
=	-1 * -2.603	/	( (190.145	+	160.174)	/ 2 )
=	-1 * -2.603	/	175.1595
=	1.49 %

where

	Total Debt (Q: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	44.352	+	145.793
=	190.145

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.875	+	119.299
=	160.174

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 one times the annual (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Alcomet AD (XBUL:ALCM) Effective Interest Rate on Debt % Explanation

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

Alcomet AD Effective Interest Rate on Debt % Related Terms

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Alcomet AD (XBUL:ALCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcomet AD (XBUL:ALCM) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Second Industrial Zone, Shumen, BGR, 9700

Website

https://www.alcomet.eu

Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

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