Indutrade AB (FRA:I1M) Effective Interest Rate on Debt % : 4.28% (As of Mar. 2024)

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What is Indutrade 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. Indutrade AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €41 Mil. Indutrade AB's average total debt for the quarter that ended in Mar. 2024 was €951 Mil. Therefore, Indutrade AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.28%.

Indutrade AB Effective Interest Rate on Debt % Historical Data

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

Indutrade AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.17

1.89

1.77

2.40

5.00

Indutrade AB 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															3.65	4.14	4.67	4.57	4.28

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

For the Industrial Distribution subindustry, Indutrade 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.

Indutrade AB's Effective Interest Rate on Debt % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Indutrade AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Indutrade AB Effective Interest Rate on Debt % Calculation

Indutrade 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 * -45.235	/	( (892.061	+	917.394)	/ 2 )
=	-1 * -45.235	/	904.7275
=	5.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	696.766	+	195.295
=	892.061

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	722.776	+	194.618
=	917.394

Indutrade AB'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 * -40.648	/	( (917.394	+	983.773)	/ 2 )
=	-1 * -40.648	/	950.5835
=	4.28 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	722.776	+	194.618
=	917.394

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	756.497	+	227.276
=	983.773

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.

Indutrade AB (FRA:I1M) Effective Interest Rate on Debt % Explanation

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

Indutrade AB Effective Interest Rate on Debt % Related Terms

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Indutrade AB (FRA:I1M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Indutrade AB (FRA:I1M) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

INDT:Sweden 0H30:UK I1M:Germany

Address

Raseborgsgatan 9, Box 6044, Kista, SWE, SE-164 06

Website

https://www.indutrade.com

Indutrade AB is an industrial group that sells and distributes high-tech components and systems through a vast range of subsidiaries. The group is active in eight business areas: Benelux, DACH, Finland, flow technology, fluids and mechanical solutions, industrial components, measurement and sensor technology, and the United Kingdom. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and consumables. The primary region of business for the group's subsidiaries in Europe.

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