Beneteau (XPAR:BEN) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Beneteau 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. Beneteau's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0 Mil. Beneteau's average total debt for the quarter that ended in Dec. 2023 was €451 Mil. Therefore, Beneteau's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Beneteau Effective Interest Rate on Debt % Historical Data

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

Beneteau Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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1.44

1.16

1.04

0.50

1.14

Beneteau Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.58	1.00	1.48	2.09	-

Competitive Comparison of Beneteau's Effective Interest Rate on Debt %

For the Recreational Vehicles subindustry, Beneteau'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.

Beneteau's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Beneteau's Effective Interest Rate on Debt % distribution charts can be found below:

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

Beneteau Effective Interest Rate on Debt % Calculation

Beneteau'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 * -3.721	/	( (239.207	+	412.222)	/ 2 )
=	-1 * -3.721	/	325.7145
=	1.14 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.247	+	207.96
=	239.207

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	27.975	+	384.247
=	412.222

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 0	/	( (450.872	+	0)	/ 1 )
=	-1 * 0	/	450.872
=	0.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.985	+	430.887
=	450.872

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Beneteau (XPAR:BEN) Effective Interest Rate on Debt % Explanation

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

Beneteau Effective Interest Rate on Debt % Related Terms

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Beneteau (XPAR:BEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Beneteau SA (XPAR:BEN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BTEAF:USA 0K8N:UK 3GD:Germany

Address

16 Boulevard de la Mer, Les Embruns, Saint-Gilles-Croix-de-Vie, FRA, 85803

Website

https://www.beneteau-group.com

Beneteau is a boat and housing manufacturer, domiciled in France. The company organises itself into two segments: boats and housing. The boats business, which contributes the majority of revenue, manufactures and markets boats. Beneteau produces both motor and sail boats, and primarily derives revenue from France, Europe, and North America. The housing segment manufactures mobile homes for campsites and tour operators, and timber-frame homes. The housing business derives the vast majority of income domestically.