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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. Cincinnati Financial's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $52 Mil. Cincinnati Financial's average total debt for the quarter that ended in Mar. 2025 was $877 Mil. Therefore, Cincinnati Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.93%.
The historical data trend for Cincinnati Financial'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.
Cincinnati Financial Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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6.06 | 5.90 | 5.93 | 6.12 | 6.06 |
Cincinnati Financial Quarterly Data | ||||||||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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5.95 | 6.41 | 5.95 | 5.95 | 5.93 |
For the Insurance - Property & Casualty subindustry, Cincinnati Financial'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.
For the Insurance industry and Financial Services sector, Cincinnati Financial's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Cincinnati Financial's Effective Interest Rate on Debt % falls into.
Cincinnati Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (A: Dec. 2023 ) | + | Total Debt (A: Dec. 2024 )) | / count ) |
= | -1 * -53 | / | ( (874 | + | 875) | / 2 ) |
= | -1 * -53 | / | 874.5 | |||
= | 6.06 % |
where
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 849 | + | 25 |
= | 874 |
Total Debt (A: Dec. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 850 | + | 25 |
= | 875 |
Cincinnati Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Dec. 2024 ) | + | Total Debt (Q: Mar. 2025 )) | / count ) |
= | -1 * -52 | / | ( (875 | + | 878) | / 2 ) |
= | -1 * -52 | / | 876.5 | |||
= | 5.93 % |
where
Total Debt (Q: Dec. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 850 | + | 25 |
= | 875 |
Total Debt (Q: Mar. 2025 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 853 | + | 25 |
= | 878 |
* 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 four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Cincinnati Financial (NAS:CINF) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Cincinnati Financial's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nancy Cunningham Benacci | director | PO BOX 145496, CINCINNATI OH 45250 |
Dirk J Debbink | director | PO BOX 145496, CINCINNATI OH 45250-5496 |
Charles Odell Schiff | director | PO BOX 145496, CINCINNATI OH 45250 |
David P Osborn | director | P.O. BOX 145496, CINCINNATI OH 45250-5496 |
Steven Anthony Soloria | officer: Senior Vice President- Sub | PO BOX 145496, CINCINNATI OH 45250 |
Douglas S Skidmore | director | PO BOX 145496, CINCINNATI OH 45250-5496 |
Thomas J Aaron | director | 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067 |
Marc Jon Schambow | officer: SrVP/Chief Claims Officer | PO BOX 145496, CINCINNATI OH 45250 |
Teresa C Cracas | officer: Sr VP & Chief Risk Off. - Sub | PO BOX 145496, CINCINNATI OH 45250-5496 |
Angela Ossello Delaney | officer: Senior Vice President | PO BOX 145496, CINCINNATI OH 45250 |
Doyle Donald J Jr | officer: Sr Vice President - Subsidiary | CINCINNATI FINANCIAL CORPORATION, P.O. BOX 145496, CINCINNATI OH 45250-5496 |
Pratt Jill P. Meyer | director | PO BOX 145496, CINCINNATI OH 45250 |
Theresa A Hoffer | officer: Sr Vice President - Subsidiary | PO BOX 145496, CINCINNATI OH 45250 |
Sean Michael Givler | officer: Sr Vice President - Subsidiary | PO BOX 145496, CINCINNATI OH 45250 |
Roger A Brown | officer: Sr. Vice President-Subsidiary | PO BOX 145496, CINCINNATI OH 45250 |
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