RHI Magnesita NV (RHI Magnesita NV) Effective Interest Rate on Debt % : 5.79% (As of Dec. 2023)

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What is RHI Magnesita 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. RHI Magnesita NV's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $120 Mil. RHI Magnesita NV's average total debt for the quarter that ended in Dec. 2023 was $2,074 Mil. Therefore, RHI Magnesita NV's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.79%.

RHI Magnesita NV Effective Interest Rate on Debt % Historical Data

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

RHI Magnesita NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.75

4.98

3.09

3.79

5.32

RHI Magnesita NV Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									3.20	3.23	4.41	4.80	5.79

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

For the Metal Fabrication subindustry, RHI Magnesita 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.

RHI Magnesita NV's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita NV's Effective Interest Rate on Debt % distribution charts can be found below:

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

RHI Magnesita NV Effective Interest Rate on Debt % Calculation

RHI Magnesita 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 * -105.234	/	( (1774.258	+	2182.334)	/ 2 )
=	-1 * -105.234	/	1978.296
=	5.32 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1527.966	+	246.292
=	1774.258

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2008.615	+	173.719
=	2182.334

RHI Magnesita 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 * -120.174	/	( (1965.439	+	2182.334)	/ 2 )
=	-1 * -120.174	/	2073.8865
=	5.79 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1783.857	+	181.582
=	1965.439

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2008.615	+	173.719
=	2182.334

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.

RHI Magnesita NV (OTCPK:RMGNF) Effective Interest Rate on Debt % Explanation

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

RHI Magnesita NV Effective Interest Rate on Debt % Related Terms

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RHI Magnesita NV (RHI Magnesita NV) Business Description

Industry

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RHIMl:UK RHIM:UK RHF:Germany RHIM:Austria

Address

Kranichberggasse 6, Vienna, AUT, 1120

Website

https://www.rhimagnesita.com

RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

RHI Magnesita NV (RHI Magnesita NV) Headlines

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