Siemens Energy AG (WBO:ENR) Effective Interest Rate on Debt % : 5.56% (As of Dec. 2023)

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What is Siemens Energy 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. Siemens Energy AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €240 Mil. Siemens Energy AG's average total debt for the quarter that ended in Dec. 2023 was €4,317 Mil. Therefore, Siemens Energy AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.56%.

Siemens Energy AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Siemens Energy 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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Siemens Energy AG Effective Interest Rate on Debt % Chart

Siemens Energy AG Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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25.51

10.68

4.92

4.94

7.22

Siemens Energy AG Quarterly Data
	Sep18	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															4.96	5.63	6.15	6.91	5.56

Competitive Comparison of Siemens Energy AG's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Siemens Energy 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.

Siemens Energy AG's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siemens Energy AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Siemens Energy AG Effective Interest Rate on Debt % Calculation

Siemens Energy AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -289	/	( (3223	+	4781)	/ 2 )
=	-1 * -289	/	4002
=	7.22 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2474	+	749
=	3223

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3190	+	1591
=	4781

Siemens Energy 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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -240	/	( (4781	+	3853)	/ 2 )
=	-1 * -240	/	4317
=	5.56 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3190	+	1591
=	4781

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3208	+	645
=	3853

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.

Siemens Energy AG (WBO:ENR) Effective Interest Rate on Debt % Explanation

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

Siemens Energy AG Effective Interest Rate on Debt % Related Terms

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Siemens Energy AG (WBO:ENR) Business Description

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Address

Otto-Hahn-Ring 6, Munich, BY, DEU, 81739

Website

https://www.siemens-energy.com

Siemens Energy AG manufactures a wide range of equipment used to generate and transmit energy. The group is a product of the spinout from Siemens AG in 2020, consisting of the power and gas segment and Siemens Gamesa, although its operations go back over 150 years. Approximately one sixth of global electricity generation is based on its technology.