Fiat Industrial SpA (MIL:FI) Effective Interest Rate on Debt % : 4.12% (As of Jun. 2013)

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What is Fiat Industrial SpA 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. Fiat Industrial SpA's annualized positive value of Interest Expense for the quarter that ended in Jun. 2013 was €468 Mil. Fiat Industrial SpA's average total debt for the quarter that ended in Jun. 2013 was €11,361 Mil. Therefore, Fiat Industrial SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 was 4.12%.

Fiat Industrial SpA Effective Interest Rate on Debt % Historical Data

The historical data trend for Fiat Industrial SpA'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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Fiat Industrial SpA Effective Interest Rate on Debt % Chart

Fiat Industrial SpA Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Effective Interest Rate on Debt %

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2.64

1.62

2.66

2.94

Fiat Industrial SpA Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										2.08	2.15	4.76	4.09	4.12

Competitive Comparison of Fiat Industrial SpA's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, Fiat Industrial SpA'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.

Fiat Industrial SpA's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Fiat Industrial SpA's Effective Interest Rate on Debt % distribution charts can be found below:

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

Fiat Industrial SpA Effective Interest Rate on Debt % Calculation

Fiat Industrial SpA's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2012 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2011 )	+	Total Debt (A: Dec. 2012 ))	/ count )
=	-1 * -458	/	( (20217	+	10925)	/ 2 )
=	-1 * -458	/	15571
=	2.94 %

where

	Total Debt (A: Dec. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20217	+	0
=	20217

	Total Debt (A: Dec. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10925	+	0
=	10925

Fiat Industrial SpA's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2013 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2013 )	+	Total Debt (Q: Jun. 2013 ))	/ count )
=	-1 * -468	/	( (11152	+	11569)	/ 2 )
=	-1 * -468	/	11360.5
=	4.12 %

where

	Total Debt (Q: Mar. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11152	+	0
=	11152

	Total Debt (Q: Jun. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11569	+	0
=	11569

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 (Jun. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Fiat Industrial SpA (MIL:FI) Effective Interest Rate on Debt % Explanation

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

Fiat Industrial SpA Effective Interest Rate on Debt % Related Terms

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Fiat Industrial SpA (MIL:FI) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Website

http://www.fiatindustrial.com

Fiat Industrial SpA operates in the capital goods sector. Each of the Group's businesses is a major international player in its respective industry sector: Iveco, CNH-Case New Holland and FPT Industrial. These three sectors design, produce and sell trucks, commercial vehicles, buses, special vehicles (Iveco), tractors, and agricultural and construction equipment (CNH), in addition to engines and transmissions for those vehicles and engines for marine applications (FPT Industrial). Agricultural equipment is sold under the New Holland Agriculture and Case IH and, in the premium segment in Europe, Steyr brands. Construction equipment is sold under the New Holland Construction and Case Construction brands, as well as the Kobelco brand in North America. Iveco designs, manufactures and sells a wide range of light (2.8-6 tons GVW), medium (6-16 tons GVW) and heavy (above 16 tons GVW) commercial vehicles for on-road and off-road use. In addition to its main product offer, the Company also offers after-sales and financing services, in addition to services related to used-vehicles. FPT Industrial is specialized in the design, production and sale of propulsion and transmission systems for on- and off-road trucks and commercial vehicles, as well as engines for marine application and power generation.