Schindler Holding AG (XSWX:SCHP) Effective Interest Rate on Debt %

: 0.00% (As of Mar. 2024)

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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. Schindler Holding AG's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was CHF0 Mil. Schindler Holding AG's average total debt for the quarter that ended in Mar. 2024 was CHF699 Mil. Therefore, Schindler Holding AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Schindler Holding AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Schindler Holding 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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Schindler Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

4.36

2.60

2.47

2.63

3.79

Schindler Holding AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Effective Interest Rate on Debt %																-	-	-	-	-

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Schindler Holding 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.

Schindler Holding AG Effective Interest Rate on Debt % Distribution

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

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

Schindler Holding AG Effective Interest Rate on Debt % Calculation

Schindler Holding 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 * -33	/	( (1044	+	699)	/ 2 )
=	-1 * -33	/	871.5
=	3.79 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	473	+	571
=	1044

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	374	+	325
=	699

Schindler Holding AG'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 * 0	/	( (699	+	0)	/ 1 )
=	-1 * 0	/	699
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	374	+	325
=	699

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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.

Schindler Holding AG (XSWX:SCHP) Effective Interest Rate on Debt % Explanation

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

Schindler Holding AG Effective Interest Rate on Debt % Related Terms

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Schindler Holding AG (XSWX:SCHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schindler Holding AG (XSWX:SCHP) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SHLRF:USA SHLAF:USA SCHP:Mexico SCHNz:UK SCHPz:UK 0QO1:UK SCHN:Switzerland

Address

Seestrasse 55, Hergiswil, CHE, 6052

Website

https://www.schindler.com

Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.