Electrolux AB (LTS:0MDT) Effective Interest Rate on Debt % : 5.31% (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Electrolux 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. Electrolux AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr2,240 Mil. Electrolux AB's average total debt for the quarter that ended in Mar. 2024 was kr42,192 Mil. Therefore, Electrolux AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.31%.

Electrolux AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Electrolux 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.

* Premium members only.

Electrolux AB Effective Interest Rate on Debt % Chart

Electrolux AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.27

3.12

2.21

2.42

4.99

Electrolux AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.95	4.89	4.95	5.73	5.31

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

For the Furnishings, Fixtures & Appliances subindustry, Electrolux 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.

Electrolux AB's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Electrolux AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

Electrolux AB Effective Interest Rate on Debt % Calculation

Electrolux AB'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 * -2053	/	( (41379	+	40873)	/ 2 )
=	-1 * -2053	/	41126
=	4.99 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31948	+	9431
=	41379

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32294	+	8579
=	40873

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -2240	/	( (40873	+	43510)	/ 2 )
=	-1 * -2240	/	42191.5
=	5.31 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	32294	+	8579
=	40873

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35268	+	8242
=	43510

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

Electrolux AB (LTS:0MDT) Effective Interest Rate on Debt % Explanation

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

Electrolux AB Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Electrolux AB's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Electrolux AB (LTS:0MDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Electrolux AB (LTS:0MDT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ELUXY:USA ELRXF:USA ELUX B:Sweden ELUX A:Sweden ELUXBs:UK ELXC:Germany

Address

Street Goransgatan 143, Stadshagen, Stockholm, SWE, SE-105 45

Website

https://www.electroluxgroup.com

Electrolux AB is a Sweden-based company that is principally engaged in manufacturing home appliances and appliances for professional use. Its products are categorized into kitchen products, laundry products, small appliances, professional kitchen products, professional laundry products, and adjacent products, with kitchen products accounting for more than half of total revenue. The company's brands include Electrolux, AEG, Zanussi, Frigidaire, and Electrolux Grand Cuisine. The company has a business presence, including North America, Europe, Latin America, Africa, the Middle East, and Asia, with North America and Europe jointly contributing over half of the total revenue.

Electrolux AB (LTS:0MDT) Headlines

No Headlines