SIG Group AG (XSWX:SIGN) Effective Interest Rate on Debt % : 4.76% (As of Dec. 2023)

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What is SIG Group 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. SIG Group AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was CHF120 Mil. SIG Group AG's average total debt for the quarter that ended in Dec. 2023 was CHF2,515 Mil. Therefore, SIG Group AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.76%.

SIG Group AG Effective Interest Rate on Debt % Historical Data

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

SIG Group AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.17

2.99

1.99

2.08

4.38

SIG Group AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								1.92	1.69	2.09	3.75	4.76

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

For the Packaging & Containers subindustry, SIG Group 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.

SIG Group AG's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SIG Group AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

SIG Group AG Effective Interest Rate on Debt % Calculation

SIG Group 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 * -108.454	/	( (2639.566	+	2312.232)	/ 2 )
=	-1 * -108.454	/	2475.899
=	4.38 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2156.792	+	482.774
=	2639.566

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2062.883	+	249.349
=	2312.232

SIG Group 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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -119.77	/	( (2717.881	+	2312.232)	/ 2 )
=	-1 * -119.77	/	2515.0565
=	4.76 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2125.256	+	592.625
=	2717.881

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2062.883	+	249.349
=	2312.232

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

SIG Group AG (XSWX:SIGN) Effective Interest Rate on Debt % Explanation

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

SIG Group AG Effective Interest Rate on Debt % Related Terms

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SIG Group AG (XSWX:SIGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SIG Group AG (XSWX:SIGN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SIGCY:USA SCBGF:USA SIGNz:UK 0P4G:UK

Address

Laufengasse 18, Neuhausen am Rheinfall, CHE, 8212

Website

https://www.sig.biz

SIG Group AG is a systems and solutions provider for aseptic carton packaging solutions, comprising filling machines, sleeves, and closures as well as after-market services. Its geographical segments include Europe, the Middle East and Africa (MEA), Asia Pacific (APAC), and the Americas. It generates maximum revenue from the Europe segment. The company offers packaging solutions for the beverages and food industry.

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