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EQT AB (CHIX:EQTS) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2024)


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What is EQT AB 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. EQT AB's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was kr0 Mil. EQT AB's average total debt for the quarter that ended in Jun. 2024 was kr24,512 Mil. Therefore, EQT AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 0.00%.


EQT AB Effective Interest Rate on Debt % Historical Data

The historical data trend for EQT AB'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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EQT AB Effective Interest Rate on Debt % Chart

EQT AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 5.00 4.90 2.28 3.22 2.68

EQT AB Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 3.81 1.64 3.68 -

Competitive Comparison of EQT AB's Effective Interest Rate on Debt %

For the Asset Management subindustry, EQT AB'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.


EQT AB's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, EQT AB's Effective Interest Rate on Debt % distribution charts can be found below:

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



EQT AB Effective Interest Rate on Debt % Calculation

EQT AB'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  *  -638.723/( (23624.241+24009.719)/ 2 )
=-1  *  -638.723/23816.98
=2.68 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23279.041 + 345.2
=23624.241

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23626.038 + 383.681
=24009.719

EQT AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  0/( (24009.719+25015.276)/ 2 )
=-1  *  0/24512.4975
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23626.038 + 383.681
=24009.719

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24518.583 + 496.693
=25015.276

* 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.

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


EQT AB  (CHIX:EQTs) Effective Interest Rate on Debt % Explanation

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


EQT AB Effective Interest Rate on Debt % Related Terms

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EQT AB Business Description

Industry
Traded in Other Exchanges
Address
Regeringsgatan 25, Stockholm, SWE, SE-111 53
Swedish conglomerate Investor AB set up EQT as its private equity division in 1994. In its early days, EQT focused primarily on private equity investments in Sweden and the rest of Scandinavia. Today, EQT is one of the largest global private-market investors, with funds that target private equity, real estate, and infrastructure globally. Investor AB retains a minority stake.

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