NCC AB (NCC AB) Effective Interest Rate on Debt % : 2.78% (As of Mar. 2024)

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What is NCC AB 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. NCC AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $15 Mil. NCC AB's average total debt for the quarter that ended in Mar. 2024 was $526 Mil. Therefore, NCC AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.78%.

NCC AB Effective Interest Rate on Debt % Historical Data

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

NCC AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.69

2.13

0.91

1.45

1.26

NCC AB 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															1.07	0.66	2.50	1.80	2.78

Competitive Comparison of NCC AB's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, NCC AB'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.

NCC AB's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, NCC AB's Effective Interest Rate on Debt % distribution charts can be found below:

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

NCC AB Effective Interest Rate on Debt % Calculation

NCC AB'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 * -5.849	/	( (414.241	+	516.105)	/ 2 )
=	-1 * -5.849	/	465.173
=	1.26 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	316.631	+	97.61
=	414.241

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	293.051	+	223.054
=	516.105

NCC AB'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 * -14.6	/	( (516.105	+	535.668)	/ 2 )
=	-1 * -14.6	/	525.8865
=	2.78 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	293.051	+	223.054
=	516.105

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	299.386	+	236.282
=	535.668

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.

NCC AB (OTCPK:NCCBF) Effective Interest Rate on Debt % Explanation

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

NCC AB Effective Interest Rate on Debt % Related Terms

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NCC AB (NCC AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NCC AB (OTCPK:NCCBF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

NCC B:Sweden NCC A:Sweden NCCBs:UK 0OFP:UK NCGB:Germany

Address

Herrjarva Torg 4, Solna, SWE, SE-170 80

Website

https://www.ncc.com

NCC AB is a leading construction and property development company in the Nordic region. Its business operations are divided into five operating segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordics, NCC Industry, and NCC Property Development in descending order of total net sales. The company's major projects include entire infrastructure build-outs such as tunnels, roads and railways, housing, office buildings, school and hospital construction, production of asphalt and stone materials, and commercial property development.