APi Group (FRA:4XY) Effective Interest Rate on Debt % : 4.91% (As of Mar. 2024)

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What is APi Group 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. APi Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €125 Mil. APi Group's average total debt for the quarter that ended in Mar. 2024 was €2,550 Mil. Therefore, APi Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.91%.

APi Group Effective Interest Rate on Debt % Historical Data

The historical data trend for APi Group'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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APi Group Effective Interest Rate on Debt % Chart

APi Group Annual Data

Trend

Dec17

Aug18

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.37

3.63

5.23

5.10

APi Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.03	5.34	5.25	4.82	4.91

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

For the Engineering & Construction subindustry, APi Group'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.

APi Group's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, APi Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

APi Group Effective Interest Rate on Debt % Calculation

APi Group'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 * -132.965	/	( (2858.432	+	2360.358)	/ 2 )
=	-1 * -132.965	/	2609.395
=	5.10 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2595.056	+	263.376
=	2858.432

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2286.998	+	73.36
=	2360.358

APi Group'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 * -125.12	/	( (2360.358	+	2738.84)	/ 2 )
=	-1 * -125.12	/	2549.599
=	4.91 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2286.998	+	73.36
=	2360.358

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2573.24	+	165.6
=	2738.84

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.

APi Group (FRA:4XY) Effective Interest Rate on Debt % Explanation

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

APi Group Effective Interest Rate on Debt % Related Terms

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APi Group (FRA:4XY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » APi Group Corp (FRA:4XY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

APG:USA

Address

c/o APi Group, Inc, 1100 Old Highway 8 NW, New Brighton, MN, USA, 55112

Website

https://www.apigroupinc.com

APi Group Corp operates in two operating segments, 1) Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. 2) Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.

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