Heineken NV (Heineken NV) Effective Interest Rate on Debt % : 3.99% (As of Dec. 2023)

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What is Heineken 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. Heineken NV's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $827 Mil. Heineken NV's average total debt for the quarter that ended in Dec. 2023 was $20,701 Mil. Therefore, Heineken NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.99%.

Heineken NV Effective Interest Rate on Debt % Historical Data

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

Heineken NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.54

3.14

2.68

2.83

3.95

Heineken NV 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															3.01	2.47	3.32	3.29	3.99

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

For the Beverages - Brewers subindustry, Heineken 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.

Heineken NV's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

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

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

Heineken NV Effective Interest Rate on Debt % Calculation

Heineken NV'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 * -735.005	/	( (17348.517	+	19888.768)	/ 2 )
=	-1 * -735.005	/	18618.6425
=	3.95 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13657.839	+	3690.678
=	17348.517

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15317.339	+	4571.429
=	19888.768

Heineken NV'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 * -826.608	/	( (21513.542	+	19888.768)	/ 2 )
=	-1 * -826.608	/	20701.155
=	3.99 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15645.72	+	5867.822
=	21513.542

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15317.339	+	4571.429
=	19888.768

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.

Heineken NV (OTCPK:HEINY) Effective Interest Rate on Debt % Explanation

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

Heineken NV Effective Interest Rate on Debt % Related Terms

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Heineken NV (Heineken NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken NV (OTCPK:HEINY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

HINKF:USA HEIA:Netherlands HEIA:Mexico HEIAa:UK 0O26:UK HNK1:Germany HEIA:Austria

Address

Tweede Weteringplantsoen 21, P.O. Box 28, Amsterdam, NH, NLD, 1000 AA

Website

https://www.theheinekencompany.com

Heineken sold 257 million hectolitres of beer in 2022, and is the world's second-largest brewer behind Anheuser-Busch InBev. It has the leading position in many European markets, including the Netherlands, Austria, Greece, and Italy. Its flagship brand, Heineken, is the world's leading international premium lager by volume and has spawned several brand extensions including Heineken 0.0 and Heineken Silver. Heineken is the world's biggest cider producer, and its portfolio also includes brands in the nonalcoholic, Belgian, and craft beer categories.