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Mettler-Toledo International (Mettler-Toledo International) Effective Interest Rate on Debt % : 3.75% (As of Dec. 2023)


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What is Mettler-Toledo International 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. Mettler-Toledo International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $79 Mil. Mettler-Toledo International's average total debt for the quarter that ended in Dec. 2023 was $2,095 Mil. Therefore, Mettler-Toledo International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.75%.


Mettler-Toledo International Effective Interest Rate on Debt % Historical Data

The historical data trend for Mettler-Toledo International'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.

* Premium members only.

Mettler-Toledo International Effective Interest Rate on Debt % Chart

Mettler-Toledo International 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 3.22 2.94 2.87 3.00 3.78

Mettler-Toledo International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.37 3.52 3.60 3.81 3.75

Competitive Comparison of Mettler-Toledo International's Effective Interest Rate on Debt %

For the Diagnostics & Research subindustry, Mettler-Toledo International'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.


Mettler-Toledo International's Effective Interest Rate on Debt % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Mettler-Toledo International's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mettler-Toledo International's Effective Interest Rate on Debt % falls into.



Mettler-Toledo International Effective Interest Rate on Debt % Calculation

Mettler-Toledo International'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  *  -77.366/( (2014.534+2080.839)/ 2 )
=-1  *  -77.366/2047.6865
=3.78 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1908.48 + 106.054
=2014.534

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1888.62 + 192.219
=2080.839

Mettler-Toledo International'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -78.62/( (2108.484+2080.839)/ 2 )
=-1  *  -78.62/2094.6615
=3.75 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1929.401 + 179.083
=2108.484

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1888.62 + 192.219
=2080.839

* 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 four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Mettler-Toledo International  (NYSE:MTD) Effective Interest Rate on Debt % Explanation

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


Mettler-Toledo International Effective Interest Rate on Debt % Related Terms

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Mettler-Toledo International (Mettler-Toledo International) Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences, industrial, and food retail industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.
Executives
Roland D Diggelmann director 3950 SOUTH COUNTRY CLUB ROAD, SUITE 470, TUCSON AZ 85714
Wolfgang Wienand director IM LANGACHER 44, GREIFENSEE V8 8606
Gerry Keller officer: Head of Process Analytics 1900 POLARIS PKWY, COLUMBUS OH 43240
Wong Ann Ping Richard officer: Head of Asia/Pac Market Orgs IM LANGACHER 44, GREIFENSEE V8 8606
Shawn Vadala officer: Chief Financial Officer 1900 POLARIS PKWY, COLUMBUS OH 43240
Wah-hui Chu director IM LANGACHER, GREIFENSEE V8 8606
Oliver A Filliol director METTLER TOLEDO INTL INC, IM LANGACHER 44, GREIFENSEE V8 8606
Christian Magloth officer: Head of Human Resources IM LANGACHER, GREIFENSEE V8 8608
Robert F Spoerry director METTLER TOLEDO INTL INC, IM LANGACHER, GREIFENSEE V8 99999
Peter Aggersbjerg officer: Head of Divisions & Operations 1900 POLARIS PKWY, COLUMBUS OH 43240
Ingrid Zhang director IM LANGACHER 44, GREIFENSEE V8 8606
De La Guerroniere Marc officer: Head of Eur & NA Market Orgs IM LANGACHER, GREIFENSEE V8 8606
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Michael A Kelly director 1900 POLARIS PKWY, COLUMBUS OH 43240
Patrick Kaltenbach officer: President and CEO IM LANGACHER 44, GREIFENSEE V8 8606