GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Granges AB (FRA:9GR) » Definitions » Effective Interest Rate on Debt %

Granges AB (FRA:9GR) Effective Interest Rate on Debt % : 5.94% (As of Mar. 2025)


View and export this data going back to 2014. Start your Free Trial

What is Granges 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. Granges AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was €28 Mil. Granges AB's average total debt for the quarter that ended in Mar. 2025 was €480 Mil. Therefore, Granges AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.94%.


Granges AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Granges 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.

* Premium members only.

Granges AB Effective Interest Rate on Debt % Chart

Granges AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 1.93 5.36 7.55 5.92

Granges AB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.94 6.51 6.02 5.83 5.94

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

For the Aluminum subindustry, Granges 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.


Granges AB's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Granges AB's Effective Interest Rate on Debt % distribution charts can be found below:

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


;
;

Granges AB Effective Interest Rate on Debt % Calculation

Granges AB'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  *  -23.038/( (306.9+471.98)/ 2 )
=-1  *  -23.038/389.44
=5.92 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=212.586 + 94.314
=306.9

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=158.051 + 313.929
=471.98

Granges AB'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  *  -28.48/( (471.98+487.385)/ 2 )
=-1  *  -28.48/479.6825
=5.94 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=158.051 + 313.929
=471.98

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=222.194 + 265.191
=487.385

* 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.


Granges AB  (FRA:9GR) Effective Interest Rate on Debt % Explanation

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


Granges AB Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Granges AB's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Granges AB Business Description

Industry
Traded in Other Exchanges
Address
Linnegatan 18, Stockholm, SWE, 114 47
Granges AB is a Sweden-based supplier of rolled aluminum products for original equipment manufacturers. It offers products in heat exchanger applications, specialty packaging, and new rolled product niches. Some of the products offered by the company include clad tubes, mechanically bonded copper tubes, brazed aluminum heat exchangers, aluminum packaging products, cathode foil materials, battery cooling aluminum plates, and aluminum powder materials, among others. These products find their applications in automotive, electrification and battery, specialty packaging, industrial, heating, ventilation and air conditioning, and other industries. The company's operating segments are Granges Eurasia and Granges Americas. Maximum revenue is derived from the Granges Eurasia segment.

Granges AB Headlines

No Headlines