Aegon (AEGOF) Effective Interest Rate on Debt % : 0.16% (As of Dec. 2023)

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What is Aegon 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. Aegon's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $9 Mil. Aegon's average total debt for the quarter that ended in Dec. 2023 was $5,603 Mil. Therefore, Aegon's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.16%.

Aegon Effective Interest Rate on Debt % Historical Data

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

Aegon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.01

3.73

2.06

0.07

0.12

Aegon Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.30	0.05	0.09	0.10	0.16

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

For the Insurance - Diversified subindustry, Aegon'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.

Aegon's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Aegon's Effective Interest Rate on Debt % distribution charts can be found below:

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

Aegon Effective Interest Rate on Debt % Calculation

Aegon'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 * -7.634	/	( (7069.915	+	5360.96)	/ 2 )
=	-1 * -7.634	/	6215.4375
=	0.12 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7069.915	+	0
=	7069.915

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5360.96	+	0
=	5360.96

Aegon'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 * -8.724	/	( (5845.07	+	5360.96)	/ 2 )
=	-1 * -8.724	/	5603.015
=	0.16 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5845.07	+	0
=	5845.07

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5360.96	+	0
=	5360.96

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.

Aegon (OTCPK:AEGOF) Effective Interest Rate on Debt % Explanation

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

Aegon Effective Interest Rate on Debt % Related Terms

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Aegon (AEGOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Aegon Ltd (OTCPK:AEGOF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AEG:USA AGN:Netherlands AGNa:UK 0Q0Y:UK J060:Germany AEGN:Austria AEG:Argentina

Address

Aegonplein 50, P.O. Box 85, The Hague, ZH, NLD, 2591 TV

Website

https://www.aegon.com

Aegon Ltd is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through a substantial transformation program where management has sought to divest noncore operations and improve the risk profile of the business by separating the company into strategic and financial assets. Financial assets are the parts of the business that are now being run down. Here, Aegon is looking to cycle out of highly capital-consumptive and volatile earnings products and recycle funds into capital-light and more predictable strategic business groups.