The Swatch Group AG (The Swatch Group AG) Effective Interest Rate on Debt % : 7.93% (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is The Swatch Group AG 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. The Swatch Group AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $5 Mil. The Swatch Group AG's average total debt for the quarter that ended in Dec. 2023 was $58 Mil. Therefore, The Swatch Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.93%.

The Swatch Group AG Effective Interest Rate on Debt % Historical Data

The historical data trend for The Swatch Group AG'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.

* Premium members only.

The Swatch Group AG Effective Interest Rate on Debt % Chart

The Swatch Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.67

2.99

5.17

5.55

9.70

The Swatch Group AG 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															6.94	6.96	-	23.03	7.93

Competitive Comparison of The Swatch Group AG's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, The Swatch Group AG'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.

The Swatch Group AG's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Swatch Group AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

The Swatch Group AG Effective Interest Rate on Debt % Calculation

The Swatch Group AG'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 * -4.625	/	( (8.588	+	86.726)	/ 2 )
=	-1 * -4.625	/	47.657
=	9.70 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.147	+	6.441
=	8.588

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.313	+	84.413
=	86.726

The Swatch Group AG'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 * -4.626	/	( (29.986	+	86.726)	/ 2 )
=	-1 * -4.626	/	58.356
=	7.93 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.221	+	27.765
=	29.986

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.313	+	84.413
=	86.726

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.

The Swatch Group AG (OTCPK:SWGAY) Effective Interest Rate on Debt % Explanation

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

The Swatch Group AG Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of The Swatch Group AG's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Swatch Group AG (The Swatch Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Swatch Group AG (OTCPK:SWGAY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SWGNF:USA SWGAF:USA UHRNz:UK UHRz:UK 0QJV:UK UHRA:Germany UHRN:Switzerland UHR:Switzerland

Address

Seevorstadt 6, Bienne, CHE, 2501

Website

https://www.swatchgroup.com

Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG (The Swatch Group AG) Headlines

From GuruFocus

Investing Overseas: Look for a Cheap Currency and Long History of High Returns on Equity

By Geoff Gannon Geoff Gannon • 11-22-2016

David Winters' Wintergreen Fund's Top Five Stocks

By Monica Wolfe Monica Wolfe • 09-01-2014

Tom Russo's Firm Cuts Mastercard, Berkshire

By Tiziano Frateschi Tiziano Frateschi • 08-31-2020

The Invesco European Fund Erases The Swatch Group From Its Portfolio

By Kyle Ferguson Kyle Ferguson • 07-22-2016

Swatch's Stock Has Bottomed Out

By Holmes Osborne, CFA Holmes Osborne, CFA • 03-08-2017

David Herro Comments on Swatch Group AG

By Vera Yuan Vera Yuan • 07-09-2015

David Winters - Why Do You Like Swatch?

By Grass Hopper Grass Hopper • 04-02-2014