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MANDF (Mandatum) Effective Interest Rate on Debt % : 5.16% (As of Sep. 2024)


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What is Mandatum 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. Mandatum's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $23 Mil. Mandatum's average total debt for the quarter that ended in Sep. 2024 was $439 Mil. Therefore, Mandatum's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 5.16%.

Mandatum Effective Interest Rate on Debt % Historical Data

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

Mandatum Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 2.02 3.67

Mandatum Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Effective Interest Rate on Debt % Get a 7-Day Free Trial - 2.79 2.60 5.57 5.16

Competitive Comparison of Mandatum's Effective Interest Rate on Debt %

For the Financial Conglomerates subindustry, Mandatum'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.

Mandatum's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mandatum's Effective Interest Rate on Debt % distribution charts can be found below:

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


Mandatum Effective Interest Rate on Debt % Calculation

Mandatum'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  *  -12.65/( (392.585+297.492)/ 2 )
=-1  *  -12.65/345.0385
=3.67 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=392.585 + 0
=392.585

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=297.492 + 0
=297.492

Mandatum'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  *  -22.64/( (268.999+609.101)/ 2 )
=-1  *  -22.64/439.05
=5.16 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=268.999 + 0
=268.999

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=609.101 + 0
=609.101

* 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.

Mandatum  (OTCPK:MANDF) Effective Interest Rate on Debt % Explanation

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

Mandatum Effective Interest Rate on Debt % Related Terms

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Mandatum Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mandatum PLC (OTCPK:MANDF) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
WAR:BCS WAR:BBT WAR:IVO WAR:EXA WAR:VVD WAR:GMV WAR:PLT WAR:UNL WAR:K2P WAR:ART BOM:532978 MEX:ELEKTRA SZSE:000617 TPE:2885 VOYA TSE:8473 BOM:540691 SZSE:000987 OSL:STB SZSE:002797
Traded in Other Exchanges
0MAN:UK MANTA:Finland N2S:Germany
Address
Bulevardi 56, Helsinki, FIN, 00120
Website
https://www.mandatum.fi
Mandatum PLC is a financial services provider offering a wide array of services covering asset and wealth management, savings and investment, compensation and rewards, complimentary pension plans and personal risk insurance to corporates, retail customers as well as institutional and wealth management customers. The reportable segments are: Institutional & wealth management, Corporate clients, Retail clients and With-profit business.

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