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Yara International ASA (LTS:0O7D) Effective Interest Rate on Debt % : 5.62% (As of Sep. 2024)


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What is Yara International ASA 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. Yara International ASA's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was kr2,677 Mil. Yara International ASA's average total debt for the quarter that ended in Sep. 2024 was kr47,632 Mil. Therefore, Yara International ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 5.62%.


Yara International ASA Effective Interest Rate on Debt % Historical Data

The historical data trend for Yara International ASA'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.

Yara International ASA Effective Interest Rate on Debt % Chart

Yara International ASA 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 4.23 3.31 3.37 5.67 6.41

Yara International ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.22 5.62 6.69 5.86 5.62

Competitive Comparison of Yara International ASA's Effective Interest Rate on Debt %

For the Agricultural Inputs subindustry, Yara International ASA'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.


Yara International ASA's Effective Interest Rate on Debt % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yara International ASA's Effective Interest Rate on Debt % distribution charts can be found below:

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



Yara International ASA Effective Interest Rate on Debt % Calculation

Yara International ASA'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  *  -2763.943/( (41674.262+44623.962)/ 2 )
=-1  *  -2763.943/43149.112
=6.41 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=38423.709 + 3250.553
=41674.262

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=37872.346 + 6751.616
=44623.962

Yara International ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -2676.896/( (47323.454+47939.793)/ 2 )
=-1  *  -2676.896/47631.6235
=5.62 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=40646.367 + 6677.087
=47323.454

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=41151.952 + 6787.841
=47939.793

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


Yara International ASA  (LTS:0O7D) Effective Interest Rate on Debt % Explanation

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


Yara International ASA Effective Interest Rate on Debt % Related Terms

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Yara International ASA Business Description

Address
Drammensveien 131, Oslo, NOR, 0277
Yara International ASA is a Crop nutrition company. The company converts natural gas into nitrogen products. It is engaged in the production of ammonia, mineral fertilizers, and industrial products. The firm also develops and markets environmental solutions and essential products for industrial applications. It markets and distributes a complete range of crop nutrition products and programs globally. The fertilizers and crop nutrition programs help to produce the food required for the growing world population. Industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations.

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