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Vienna Insurance Group AG (WBO:VIG) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Vienna Insurance 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. Vienna Insurance Group AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0 Mil. Vienna Insurance Group AG's average total debt for the quarter that ended in Dec. 2023 was €1,815 Mil. Therefore, Vienna Insurance Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Vienna Insurance Group AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Vienna Insurance 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.

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Vienna Insurance Group AG Effective Interest Rate on Debt % Chart

Vienna Insurance 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 Premium Member Only Premium Member Only 5.08 4.93 5.16 4.42 4.81

Vienna Insurance 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.35 4.81 4.79 43.33 -

Competitive Comparison of Vienna Insurance Group AG's Effective Interest Rate on Debt %

For the Insurance - Diversified subindustry, Vienna Insurance 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.


Vienna Insurance Group AG's Effective Interest Rate on Debt % Distribution in the Insurance Industry

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

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



Vienna Insurance Group AG Effective Interest Rate on Debt % Calculation

Vienna Insurance 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  *  -99.326/( (2316.305+1814.562)/ 2 )
=-1  *  -99.326/2065.4335
=4.81 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2316.305 + 0
=2316.305

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1814.562 + 0
=1814.562

Vienna Insurance 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  *  0/( (0+1814.562)/ 1 )
=-1  *  0/1814.562
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1814.562 + 0
=1814.562

* 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.

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.


Vienna Insurance Group AG  (WBO:VIG) Effective Interest Rate on Debt % Explanation

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


Vienna Insurance Group AG Effective Interest Rate on Debt % Related Terms

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Vienna Insurance Group AG (WBO:VIG) Business Description

Address
Schottenring 30, Vienna, AUT, 1010
Vienna Insurance Group AG is a diversified insurance company that offers property and casualty, life, and health insurance products. The company maintains its goal of consolidating market leadership in Austria while taking advantage of the growth potential in Central and Eastern Europe. The company generates most of its revenue in Austria, followed by the Czech Republic and Poland. The company considers merger and acquisition investment as a component of its operational growth strategy.
Executives
Hartwig Löger Member of the Managing Board, Deputy Chairman of the Managing Board
Dr. Günter Geyer Chairman of the Supervisory Board

Vienna Insurance Group AG (WBO:VIG) Headlines