Stora Enso Oyj (Stora Enso Oyj) Effective Interest Rate on Debt % : 3.62% (As of Mar. 2024)

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What is Stora Enso 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. Stora Enso Oyj's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $204 Mil. Stora Enso Oyj's average total debt for the quarter that ended in Mar. 2024 was $5,642 Mil. Therefore, Stora Enso Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.62%.

Stora Enso Oyj Effective Interest Rate on Debt % Historical Data

The historical data trend for Stora Enso 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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Stora Enso Oyj Effective Interest Rate on Debt % Chart

Stora Enso Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.28

3.26

2.90

3.18

4.17

Stora Enso 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															2.83	4.34	3.05	1.46	3.62

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

For the Paper & Paper Products subindustry, Stora Enso 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.

Stora Enso Oyj's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Stora Enso Oyj's Effective Interest Rate on Debt % distribution charts can be found below:

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

Stora Enso Oyj Effective Interest Rate on Debt % Calculation

Stora Enso 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 * -205.016	/	( (4155.72	+	5671.755)	/ 2 )
=	-1 * -205.016	/	4913.7375
=	4.17 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2957.627	+	1198.093
=	4155.72

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4847.328	+	824.427
=	5671.755

Stora Enso 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 * -204.348	/	( (5671.755	+	5613.044)	/ 2 )
=	-1 * -204.348	/	5642.3995
=	3.62 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4847.328	+	824.427
=	5671.755

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4682.609	+	930.435
=	5613.044

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.

Stora Enso Oyj (OTCPK:SEOAY) Effective Interest Rate on Debt % Explanation

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

Stora Enso Oyj Effective Interest Rate on Debt % Related Terms

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Stora Enso Oyj (Stora Enso Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Stora Enso Oyj (OTCPK:SEOAY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SEOJF:USA STE R:Sweden STE A:Sweden STERVh:UK 0KCK:UK 0CXC:UK STERV:Finland STEAV:Finland ENUR:Germany

Address

P.O. Box 309, Helsinki, FIN, FI-00101

Website

https://www.storaenso.com

Stora Enso Oyj company develops and produces solutions based on wood and biomass for a range of industries and applications worldwide, leading in the bioeconomy. Its operating segments are Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and others. The Packaging Solutions division develops and sells premium fiber-based packaging products and services. Its high-end eco-friendly packaging products are used by leading brands across multiple market sectors, including the retail, e-commerce, and industrial sectors. Key revenue is generated from the Packaging Solutions segment.