Wacker Chemie AG (XTER:WCH) Effective Interest Rate on Debt % : 7.23% (As of Dec. 2023)

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What is Wacker Chemie 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. Wacker Chemie AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €107 Mil. Wacker Chemie AG's average total debt for the quarter that ended in Dec. 2023 was €1,485 Mil. Therefore, Wacker Chemie AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.23%.

Wacker Chemie AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Wacker Chemie 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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Wacker Chemie AG Effective Interest Rate on Debt % Chart

Wacker Chemie AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.86

4.48

3.38

3.95

5.14

Wacker Chemie 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															4.83	2.12	5.65	2.82	7.23

Competitive Comparison of Wacker Chemie AG's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Wacker Chemie 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.

Wacker Chemie AG's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wacker Chemie AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Wacker Chemie AG Effective Interest Rate on Debt % Calculation

Wacker Chemie 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 * -72.6	/	( (1340.7	+	1484.9)	/ 2 )
=	-1 * -72.6	/	1412.8
=	5.14 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1076.4	+	264.3
=	1340.7

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1079	+	405.9
=	1484.9

Wacker Chemie 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 * -107.4	/	( (0	+	1484.9)	/ 1 )
=	-1 * -107.4	/	1484.9
=	7.23 %

where

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

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1079	+	405.9
=	1484.9

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.

Wacker Chemie AG (XTER:WCH) Effective Interest Rate on Debt % Explanation

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

Wacker Chemie AG Effective Interest Rate on Debt % Related Terms

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Wacker Chemie AG (XTER:WCH) Business Description

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WKCMF:USA 1WCH:Italy WCHd:UK 0NR4:UK

Address

Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737

Website

https://www.wacker.com

Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

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