Somero Enterprises (LSE:SOM) Effective Interest Rate on Debt % : 0.74% (As of Dec. 2023)

Somero Enterprises Effective Interest Rate on Debt % Chart

Somero Enterprises Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Effective Interest Rate on Debt %		Get a 7-Day Free Trial					2.56	2.60	2.49	1.16	1.12

Somero Enterprises Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.09	1.03	1.16	1.27	0.74

Competitive Comparison of Somero Enterprises's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, Somero Enterprises'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.

Somero Enterprises's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Somero Enterprises's Effective Interest Rate on Debt % distribution charts can be found below:

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

Somero Enterprises Effective Interest Rate on Debt % Calculation

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

where

Somero Enterprises's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

where

* 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.

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Somero Enterprises  (LSE:SOM) Effective Interest Rate on Debt % Explanation

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

Somero Enterprises Effective Interest Rate on Debt % Related Terms

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Somero Enterprises (LSE:SOM) Business Description