Teqnion AB (FRA:M45) Effective Interest Rate on Debt % : 10.80% (As of Dec. 2024)

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What is Teqnion 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. Teqnion AB's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was €4.3 Mil. Teqnion AB's average total debt for the quarter that ended in Dec. 2024 was €40.3 Mil. Therefore, Teqnion AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 10.80%.

Teqnion AB Effective Interest Rate on Debt % Historical Data

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

Teqnion AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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3.05

2.93

3.68

4.98

6.09

Teqnion AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.26	15.39	5.74	6.39	10.80

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

For the Industrial Distribution subindustry, Teqnion 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.

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

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

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

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Teqnion AB Effective Interest Rate on Debt % Calculation

Teqnion 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 * -2.217	/	( (32.255	+	40.539)	/ 2 )
=	-1 * -2.217	/	36.397
=	6.09 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.587	+	5.668
=	32.255

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36.383	+	4.156
=	40.539

Teqnion AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -4.348	/	( (39.963	+	40.539)	/ 2 )
=	-1 * -4.348	/	40.251
=	10.80 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.299	+	5.664
=	39.963

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36.383	+	4.156
=	40.539

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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Teqnion AB (FRA:M45) Effective Interest Rate on Debt % Explanation

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

Teqnion AB Effective Interest Rate on Debt % Related Terms

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Teqnion AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Teqnion AB (FRA:M45) » Definitions » Effective Interest Rate on Debt %

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TEQ:Sweden

Address

Evenemangsgatan 31A, Solna, SWE, 169 79

Website

http://teqnion.se

Teqnion AB is an industrial group active in three business areas namely Industry, Growth and Niche. Through these, Teqnion offers leading products and specialist expertise in selected market niches. This includes components, machines, systems and services with high technology content. The company's business model is to grow both through organic growth in the subsidiaries and company acquisitions. Most of the group's sales are in the Nordic region with Sweden as the primary main market.

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