Lenzing AG (WBO:LNZ) Effective Interest Rate on Debt % : 3.71% (As of Dec. 2023)

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What is Lenzing 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. Lenzing AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €71 Mil. Lenzing AG's average total debt for the quarter that ended in Dec. 2023 was €1,907 Mil. Therefore, Lenzing AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.71%.

Lenzing AG Effective Interest Rate on Debt % Historical Data

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

Lenzing AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.92

2.32

1.03

1.64

5.55

Lenzing AG 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															6.98	6.35	5.45	2.34	3.71

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

For the Textile Manufacturing subindustry, Lenzing 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.

Lenzing AG's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Lenzing AG Effective Interest Rate on Debt % Calculation

Lenzing 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 * -110.414	/	( (2071.948	+	1906.702)	/ 2 )
=	-1 * -110.414	/	1989.325
=	5.55 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2071.948	+	0
=	2071.948

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1906.702	+	0
=	1906.702

Lenzing 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 * -70.72	/	( (0	+	1906.702)	/ 1 )
=	-1 * -70.72	/	1906.702
=	3.71 %

where

	Total Debt (Q: Sep. 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
=	1906.702	+	0
=	1906.702

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.

Lenzing AG (WBO:LNZ) Effective Interest Rate on Debt % Explanation

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

Lenzing AG Effective Interest Rate on Debt % Related Terms

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Lenzing AG (WBO:LNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lenzing AG (WBO:LNZ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

LNZNF:USA 0NCV:UK LEN:Germany

Address

Werkstrasse 2, Lenzing, AUT, 4860

Website

https://www.lenzing.com

Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Executives

Georg Liftinger	Supervisory Board
Dr. Franz Gasselsberger	Supervisory Board
Dr. Christian Bruch	Supervisory Board
Stephan Sielaff	Board of Directors
Daniela Födinger	Supervisory Board
Patrick Prügger	Supervisory Board

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