Caverion Oyj (LTS:0QFC) Effective Interest Rate on Debt % : 7.40% (As of Mar. 2024)

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What is Caverion Oyj 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. Caverion Oyj's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €20 Mil. Caverion Oyj's average total debt for the quarter that ended in Mar. 2024 was €276 Mil. Therefore, Caverion Oyj's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.40%.

Caverion Oyj Effective Interest Rate on Debt % Historical Data

The historical data trend for Caverion Oyj'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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Caverion Oyj Effective Interest Rate on Debt % Chart

Caverion Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.06

3.55

2.97

3.14

6.03

Caverion Oyj 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															3.50	4.22	4.67	9.11	7.40

Competitive Comparison of Caverion Oyj's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Caverion Oyj'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.

Caverion Oyj's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Caverion Oyj's Effective Interest Rate on Debt % distribution charts can be found below:

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

Caverion Oyj Effective Interest Rate on Debt % Calculation

Caverion Oyj'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 * -16.9	/	( (281.9	+	278.3)	/ 2 )
=	-1 * -16.9	/	280.1
=	6.03 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	221.3	+	60.6
=	281.9

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	145.5	+	132.8
=	278.3

Caverion Oyj'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 * -20.4	/	( (278.3	+	273.4)	/ 2 )
=	-1 * -20.4	/	275.85
=	7.40 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	145.5	+	132.8
=	278.3

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	224.3	+	49.1
=	273.4

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.

Caverion Oyj (LTS:0QFC) Effective Interest Rate on Debt % Explanation

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

Caverion Oyj Effective Interest Rate on Debt % Related Terms

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Caverion Oyj (LTS:0QFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Caverion Oyj (LTS:0QFC) » Definitions » Effective Interest Rate on Debt %

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CAV1V:Finland C7O:Germany

Address

Torpantie 2, Vantaa, FIN, 01650

Website

https://www.caverion.com

Caverion Oyj is a Finland-based service company. It designs, builds, operates, and maintains user-friendly and energy-efficient technical solutions for buildings and industries throughout the life cycle of the property. Caverion's services are used in offices and retail properties, public premises, industrial plants, and infrastructure, among other places. It operates in two business units: Services and Projects. It generates the majority of its revenue from the Services segment. Some of its Products and Services include Consulting, Technical Maintenance, Lifecycle Management, Smart Solutions & Analytics services, Industrial Services centers, and Facility management. Its geographical segments include Sweden, Finland, Germany, Norway, Industry, Austria, Denmark, and Other countries.

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