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H+H International AS (LTS:0M6J) Effective Interest Rate on Debt % : 9.58% (As of Jun. 2024)


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What is H+H International AS 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. H+H International AS's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was kr112 Mil. H+H International AS's average total debt for the quarter that ended in Jun. 2024 was kr1,169 Mil. Therefore, H+H International AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 9.58%.


H+H International AS Effective Interest Rate on Debt % Historical Data

The historical data trend for H+H International AS'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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H+H International AS Effective Interest Rate on Debt % Chart

H+H International AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 2.32 2.31 1.77 7.04

H+H International AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.52 4.75 7.11 7.62 9.58

Competitive Comparison of H+H International AS's Effective Interest Rate on Debt %

For the Building Materials subindustry, H+H International AS'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.


H+H International AS's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, H+H International AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where H+H International AS's Effective Interest Rate on Debt % falls into.



H+H International AS Effective Interest Rate on Debt % Calculation

H+H International AS'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  *  -66/( (850+1026)/ 2 )
=-1  *  -66/938
=7.04 %

where

H+H International AS'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: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -112/( (1180+1158)/ 2 )
=-1  *  -112/1169
=9.58 %

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


H+H International AS  (LTS:0M6J) Effective Interest Rate on Debt % Explanation

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


H+H International AS Effective Interest Rate on Debt % Related Terms

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H+H International AS Business Description

Traded in Other Exchanges
Address
Lautrupsgade 7, 5th Floor, Copenhagen, DNK, 2100
H+H International A/S is a wall building materials provider. The company's core activity is the production and sale of autoclaved aerated concrete (AAC or aircrete) and calcium silicate units (CSU or sand-lime bricks). The products are building blocks used for wall building the residential new building segment. The product range also includes products such as high-insulating blocks, larger elements and a range of traded goods used for wall building.

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