Carlo Gavazzi Holding AG (LTS:0QL5) Effective Interest Rate on Debt % : 3.54% (As of Sep. 2023)

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What is Carlo Gavazzi Holding AG 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. Carlo Gavazzi Holding AG's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was CHF0.2 Mil. Carlo Gavazzi Holding AG's average total debt for the quarter that ended in Sep. 2023 was CHF5.7 Mil. Therefore, Carlo Gavazzi Holding AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 3.54%.

Carlo Gavazzi Holding AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Carlo Gavazzi Holding AG'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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Carlo Gavazzi Holding AG Effective Interest Rate on Debt % Chart

Carlo Gavazzi Holding AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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2.94

2.83

3.69

4.18

Carlo Gavazzi Holding AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															9.09	-1.95	21.61	-14.09	3.54

Competitive Comparison of Carlo Gavazzi Holding AG's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Carlo Gavazzi Holding AG'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.

Carlo Gavazzi Holding AG's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carlo Gavazzi Holding AG's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Carlo Gavazzi Holding AG's Effective Interest Rate on Debt % falls into.

Carlo Gavazzi Holding AG Effective Interest Rate on Debt % Calculation

Carlo Gavazzi Holding AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -0.278	/	( (7.088	+	6.198)	/ 2 )
=	-1 * -0.278	/	6.643
=	4.18 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.678	+	2.41
=	7.088

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.697	+	2.501
=	6.198

Carlo Gavazzi Holding AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -0.202	/	( (6.198	+	5.209)	/ 2 )
=	-1 * -0.202	/	5.7035
=	3.54 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.697	+	2.501
=	6.198

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.961	+	2.248
=	5.209

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

Carlo Gavazzi Holding AG (LTS:0QL5) Effective Interest Rate on Debt % Explanation

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

Carlo Gavazzi Holding AG Effective Interest Rate on Debt % Related Terms

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Carlo Gavazzi Holding AG (LTS:0QL5) Business Description

Industry

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Traded in Other Exchanges

GAVz:UK GAV:Switzerland

Address

Sumpfstrasse 3, Steinhausen, CHE, CH-6312

Website

https://www.carlogavazzi.com

Carlo Gavazzi Holding AG is engaged in the designing, manufacturing, and marketing of electronic control components for the global markets of industrial and building automation. Its product portfolio comprises sensors, monitoring relays, timers, energy management systems, solid-state relays, safety devices, and Fieldbus systems. Its products are marketed through a network of sales companies and independent national distributors. It has operational footprints across Switzerland, Italy, other Europe, the Middle East and Africa, the United States of America, other North America, and Asia. Geographically the company receives maximum revenue from Europe, the Middle East, and Africa.

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