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ADN (Advent Technologies Holdings) Effective Interest Rate on Debt % : 1.63% (As of Dec. 2023)


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What is Advent Technologies Holdings 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. Advent Technologies Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.18 Mil. Advent Technologies Holdings's average total debt for the quarter that ended in Dec. 2023 was $10.77 Mil. Therefore, Advent Technologies Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.63%.


Advent Technologies Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Advent Technologies Holdings'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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Advent Technologies Holdings Effective Interest Rate on Debt % Chart

Advent Technologies Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 13.95 56.35 - -

Advent Technologies Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 1.63

Competitive Comparison of Advent Technologies Holdings's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Advent Technologies Holdings'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.


Advent Technologies Holdings's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Advent Technologies Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Advent Technologies Holdings Effective Interest Rate on Debt % Calculation

Advent Technologies Holdings'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  *  0/( (12.082+10.416)/ 2 )
=-1  *  0/11.249
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.802 + 2.28
=12.082

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.23 + 2.186
=10.416

Advent Technologies Holdings'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.176/( (11.114+10.416)/ 2 )
=-1  *  -0.176/10.765
=1.63 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.774 + 2.34
=11.114

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.23 + 2.186
=10.416

* 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.

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


Advent Technologies Holdings  (NAS:ADN) Effective Interest Rate on Debt % Explanation

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


Advent Technologies Holdings Effective Interest Rate on Debt % Related Terms

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Advent Technologies Holdings Business Description

Traded in Other Exchanges
N/A
Address
500 Rutherford Avenue, Suite 102, Boston, MA, USA, 02129
Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.
Executives
Vassilios Gregoriou director, 10 percent owner, officer: Chairman and CEO ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Kevin L. Brackman officer: Chief Financial Officer 1293 SOUTH MAIN STREET, AKRON OH 44301
James F. Coffey officer: COO and General Counsel ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
De Castro Emory Sayre director, officer: Chief Technology Officer ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Von Mcconnell director 200 CLARENDON STREET, 25TH FLOOR, BOSTON MA 02116
Panoraia Gourdoupi director 200 CLARENDON STREET, 25TH FLOOR, BOSTON MA 02116
Wayne Threatt director 200 CLARENDON STREET, BOSTON MA 02116
Lawrence Epstein director 1200 CLARENDON STREET, BOSTON MA 02116
Clark Lawrence M Jr director C/O PAUL,WEISS,RIFKIND,WHARTON &, GARRISON LLP,1285 AVENUE OF THE AMERICAS, NEW YORK NY 10019-6064
Anggelos Skutaris director ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Katherine E. Fleming director ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Katrina Fritz director ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Christos Kaskavelis officer: Chief Marketing Officer SYNTAGMATARCHOU DAVAKI 1, FILOTHEI J3 15237
John Hunter William director, officer: President and CFO 930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116