Swiss Life Holding AG (FRA:SLW1) Effective Interest Rate on Debt % : 4.29% (As of Jun. 2024)

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What is Swiss Life Holding 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. Swiss Life Holding AG's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €432 Mil. Swiss Life Holding AG's average total debt for the quarter that ended in Jun. 2024 was €10,088 Mil. Therefore, Swiss Life Holding AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.29%.

Swiss Life Holding AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Swiss Life Holding 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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Swiss Life Holding AG Effective Interest Rate on Debt % Chart

Swiss Life Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.57

3.25

4.84

2.73

4.11

Swiss Life Holding AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.71	2.29	3.97	4.21	4.29

Competitive Comparison of Swiss Life Holding AG's Effective Interest Rate on Debt %

For the Insurance - Diversified subindustry, Swiss Life Holding 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.

Swiss Life Holding AG's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Swiss Life Holding AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Swiss Life Holding AG Effective Interest Rate on Debt % Calculation

Swiss Life Holding 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 * -441.11	/	( (11414.942	+	10066.005)	/ 2 )
=	-1 * -441.11	/	10740.4735
=	4.11 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11414.942	+	0
=	11414.942

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10066.005	+	0
=	10066.005

Swiss Life Holding AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -432.384	/	( (10066.005	+	10109.033)	/ 2 )
=	-1 * -432.384	/	10087.519
=	4.29 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10066.005	+	0
=	10066.005

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10109.033	+	0
=	10109.033

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 two times the semi-annual (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Swiss Life Holding AG (FRA:SLW1) Effective Interest Rate on Debt % Explanation

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

Swiss Life Holding AG Effective Interest Rate on Debt % Related Terms

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Swiss Life Holding AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Life Holding AG (FRA:SLW1) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SZLMY:USA SWSDF:USA SLHNz:UK 0QMG:UK SLW1:Germany SLHN:Switzerland

Address

General-Guisan-Quai 40, P.O. Box 2831, Zurich, CHE, CH-8022

Website

https://www.swisslife.com

Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller, but wealthy European markets. The company also has an asset manager. Swiss Life has three main sources of income that vary in significance by geography. Savings income relates to spread-based earnings, the risk result relates to an insurance margin, and the fee result relates to asset management and financial advisory. The fee result has been growing in importance over recent years as a result of advice, unit-linked sales, and third-party asset management.

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