PORR AG (FRA:ABS2) Effective Interest Rate on Debt % : 12.08% (As of Mar. 2024)

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What is PORR 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. PORR AG's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €46 Mil. PORR AG's average total debt for the quarter that ended in Mar. 2024 was €383 Mil. Therefore, PORR AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 12.08%.

PORR AG Effective Interest Rate on Debt % Historical Data

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

PORR AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.70

3.17

2.96

4.14

8.79

PORR AG 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															9.54	10.10	9.87	7.17	12.08

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

For the Engineering & Construction subindustry, PORR 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.

PORR AG's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

PORR AG Effective Interest Rate on Debt % Calculation

PORR 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 * -36.238	/	( (430.161	+	394.277)	/ 2 )
=	-1 * -36.238	/	412.219
=	8.79 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	318.778	+	111.383
=	430.161

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	321.023	+	73.254
=	394.277

PORR AG'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 * -46.308	/	( (394.277	+	372.099)	/ 2 )
=	-1 * -46.308	/	383.188
=	12.08 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	321.023	+	73.254
=	394.277

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	311.948	+	60.151
=	372.099

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.

PORR AG (FRA:ABS2) Effective Interest Rate on Debt % Explanation

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

PORR AG Effective Interest Rate on Debt % Related Terms

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PORR AG (FRA:ABS2) Business Description

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0J04:UK POS:Austria

Address

Absberggasse 47, Vienna, AUT, 1100

Website

https://www.porr-group.com

PORR AG is an Austria-based construction company engaged in realizing complex building construction and civil engineering projects and focuses on its seven European home markets of Austria, Germany, Switzerland, Poland, the Czech Republic, Slovakia, and Romania. It operates in five segments; The segment ATCH includes country responsibility for Austria and Switzerland, The segment DE includes activities in German building and infrastructure construction and equity interests, The segment PL includes all country responsibility for Poland, The segment CEE includes activities in Czech Republic, Slovakia, and Romania, including equity interests, and The segment Infrastructure International includes international expertise in tunneling, railway construction, and specialist civil engineering.

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