Elisa Oyj (Elisa Oyj) Effective Interest Rate on Debt % : 2.59% (As of Mar. 2024)

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What is Elisa Oyj 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. Elisa Oyj's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $38 Mil. Elisa Oyj's average total debt for the quarter that ended in Mar. 2024 was $1,476 Mil. Therefore, Elisa Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.59%.

Elisa Oyj Effective Interest Rate on Debt % Historical Data

The historical data trend for Elisa Oyj'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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Elisa Oyj Effective Interest Rate on Debt % Chart

Elisa Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.88

1.38

0.91

1.00

2.06

Elisa Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.72	2.16	2.00	2.66	2.59

Competitive Comparison of Elisa Oyj's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Elisa Oyj'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.

Elisa Oyj's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Elisa Oyj's Effective Interest Rate on Debt % falls into.

Elisa Oyj Effective Interest Rate on Debt % Calculation

Elisa Oyj'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 * -30.207	/	( (1441.949	+	1491.276)	/ 2 )
=	-1 * -30.207	/	1466.6125
=	2.06 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1129.025	+	312.924
=	1441.949

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1160.851	+	330.425
=	1491.276

Elisa Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -38.26	/	( (1491.276	+	1460.761)	/ 2 )
=	-1 * -38.26	/	1476.0185
=	2.59 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1160.851	+	330.425
=	1491.276

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1162.609	+	298.152
=	1460.761

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Elisa Oyj (GREY:ELMUY) Effective Interest Rate on Debt % Explanation

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

Elisa Oyj Effective Interest Rate on Debt % Related Terms

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Elisa Oyj (Elisa Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Elisa Oyj (GREY:ELMUY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

0I8Y:UK ELISA:Finland EIA:Germany

Address

Ratavartijankatu 5, Helsinki, FIN, 00520

Website

https://www.elisa.com

Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cabletv subscriptions, Elisa Viihde entertainment service and Elisa Kirja e-reading service. The Corporate Customers segment provides corporate and public administration organisations with services such as IT and communication solutions for the digital environment as well as fixed and mobile subscriptions. Majority of revenue is generated from Consumer Customers segment. The company generates majority of its revenue in Finland.