OSG (FRA:OSG) Effective Interest Rate on Debt % : 0.54% (As of May. 2024)

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What is OSG 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. OSG's annualized positive value of Interest Expense for the quarter that ended in May. 2024 was €1.6 Mil. OSG's average total debt for the quarter that ended in May. 2024 was €300.8 Mil. Therefore, OSG's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2024 was 0.54%.

OSG Effective Interest Rate on Debt % Historical Data

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

OSG Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Effective Interest Rate on Debt %

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0.99

0.70

0.68

0.95

1.06

OSG Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.05	1.28	0.73	0.54	0.55

Competitive Comparison of OSG's Effective Interest Rate on Debt %

For the Tools & Accessories subindustry, OSG'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.

OSG's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

OSG Effective Interest Rate on Debt % Calculation

OSG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Nov. 2022 )	+	Total Debt (A: Nov. 2023 ))	/ count )
=	-1 * -1.864	/	( (176.09	+	177.017)	/ 2 )
=	-1 * -1.864	/	176.5535
=	1.06 %

where

	Total Debt (A: Nov. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	164.41	+	11.68
=	176.09

	Total Debt (A: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	162.757	+	14.26
=	177.017

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2024 )	+	Total Debt (Q: May. 2024 ))	/ count )
=	-1 * -1.636	/	( (308.333	+	293.281)	/ 2 )
=	-1 * -1.636	/	300.807
=	0.54 %

where

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	301.003	+	7.33
=	308.333

	Total Debt (Q: May. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	263.591	+	29.69
=	293.281

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

OSG (FRA:OSG) Effective Interest Rate on Debt % Explanation

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

OSG Effective Interest Rate on Debt % Related Terms

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OSG Business Description

Industry

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Traded in Other Exchanges

6136:Japan

Address

3-22 Honnogahara, Toyokawa-City, Tokyo, JPN, 4428543

Website

http://www.osg-ir.com

OSG Corp manufactures and sells consumable tools. The company's products include taps, drills, end mills, indexables, dies, gauges, and other tooling systems used in machine tools. Its products are used in the automotive, die and mold, aerospace, energy, and heavy industries. Its largest end markets are Japan and the rest of Asia.