Sonova Holding AG (LTS:0QPY) Effective Interest Rate on Debt % : 5.45% (As of Sep. 2024)

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What is Sonova 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. Sonova Holding AG's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was CHF56 Mil. Sonova Holding AG's average total debt for the quarter that ended in Sep. 2024 was CHF1,024 Mil. Therefore, Sonova Holding AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 5.45%.

Sonova Holding AG Effective Interest Rate on Debt % Historical Data

The historical data trend for Sonova 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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Sonova Holding AG Effective Interest Rate on Debt % Chart

Sonova Holding AG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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0.80

1.22

1.30

1.42

1.56

Sonova Holding AG Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.04	0.27	4.21	1.22	5.45

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

For the Medical Devices subindustry, Sonova 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.

Sonova Holding AG's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's Effective Interest Rate on Debt % distribution charts can be found below:

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

Sonova Holding AG Effective Interest Rate on Debt % Calculation

Sonova Holding AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -28.2	/	( (1814.8	+	1794.6)	/ 2 )
=	-1 * -28.2	/	1804.7
=	1.56 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1736.2	+	78.6
=	1814.8

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1715.3	+	79.3
=	1794.6

Sonova Holding AG'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: Mar. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -55.8	/	( (1794.6	+	253.6)	/ 2 )
=	-1 * -55.8	/	1024.1
=	5.45 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1715.3	+	79.3
=	1794.6

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	183.5	+	70.1
=	253.6

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

Sonova Holding AG (LTS:0QPY) Effective Interest Rate on Debt % Explanation

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

Sonova Holding AG Effective Interest Rate on Debt % Related Terms

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Sonova Holding AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sonova Holding AG (LTS:0QPY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

SONVY:USA SONVF:USA SOONz:UK PHBA:Germany SOON:Switzerland

Address

Laubisrutistrasse 28, Stafa, CHE, CH-8712

Website

https://www.sonova.com

Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants through its advanced bionics subsidiary and recently acquired Sennheiser's consumer division to expand into audio technologies.

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